Posts Tagged

economics

The Dialectical Interaction of an Ensemble of Social and Natural Processes

“The ideology of modern capitalism is an expression of the deficient mental structure’s repression of the time element, of creative becoming. Instead of recognizing the importance of the dialectic of history and the ongoing and entangled processes of natural and social transformation, capitalist economic theory insists that the present arrangement represents the “end of history”…

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And Distribution Was Made Unto Everyone According to Their Need

““Rich countries aren’t developing poor countries; poor countries are effectively developing rich countries — and they have been since the late 15th century,” argues Hickel…In the book it is laid bare for all to see that underdevelopment in the Global South is not a natural condition, but a consequence of the way Western powers have…

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Money Don’t Make Money

“Thus [in Keynesian economics] there is no need for any change in the mode of production for profit; just take control of the money machine to ensure an infinite flow of money and all will be well […] Well, capitalism is a monetary economy but it is not a money economy (alone). Money cannot make…

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Private Regimes of Power or How The Workplace is Governed

“There is a condition called hemiagnosia, whose sufferers cannot perceive one half of their bodies. A large class of libertarian-leaning thinkers and politicians, with considerable public following, resemble patients with this condition: They cannot perceive half of the economy — the half that takes place beyond the market, after the employment contract is accepted, where…

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The Paradox of “Freedom From” Thinking

“It is only in the past few decades that scholars have come to grips with how slavery and capitalism intertwined. But for the 18th-century French thinkers who laid the foundations of laissez-faire capitalism, it made perfect sense to associate the slave trade with free enterprise. Their writings, which inspired the Scottish philosopher Adam Smith’s Wealth…

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Joe Rogan Drops Capitalist Truth Bombs!

“Right-wing ideologies are deliberate and conscious efforts that seek to “defend power and privilege against movements demanding freedom and equality.”” As much as I try to avoid them, occasionally a video or article comes across my radar that makes me shake my head in disgust. The latest one is a video clip of Joe Rogan’s…

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A Society Pretending That It’s Not A Society

“The result is a society based on the premise of looting. We are all “cashing out,” taking whatever we can hold onto — because fuck you, I’ve earned it. The CEOs are the most visible offenders, rigging companies to give themselves insane bonuses worth hundreds of millions of dollars a year, but isn’t that the…

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System Change vs. System Reform

“What differentiates system change from reforms? Reforms refer to government interventions that still leave employers in the exclusive position to make the basic enterprise decisions: what, how and where to produce and what to do with profits. Reforms include minimum wage laws, redistributive tax structures, and enterprises owned and operated by the government. They range…

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I as an individual don’t enter into relationships; I am constituted by my relations: John Cobb on why really big ideas matter

“What I am writing may seem very remote and abstract. However, it has one implication that can be sensed right away. If we talk about energy as being the most fundamental thing there is, and events as being the only units of reality we ultimately can know, we are immediately describing a world in which…

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