“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…
Posts Tagged
economics
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…
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…
Corporations Don’t Have Values; They Have an Image: Trump’s Problematic Corporate Approach to Governing
“Corporations don’t have values; they have an image…Their main objective is to make money.” —Merry Mahaffey It’s not uncommon for corporations to espouse “corporate values.” We’ve all heard this phrase before. But it should be obvious to anyone that these “values” are little more than meaningless slogans or tag-lines; they’re not meant to be taken…
We Are Surrounded by Possibilities That Are Infinite: Imagination, Freedom, MacGyver, and Creative Ways Forward
“By introducing possibilities of such action that go beyond what the situation would otherwise allow, God expands our freedom. Violence as we ordinarily understand it restricts the freedom of its object.” –John B. Cobb, Jr., process-relational theologian Most of us have a decent understanding of what freedom is, or at least we think we do….
Condemning the Majority of Our Population
“I’d like to talk about an idea that is often abused. The idea is the following: If we want to have workers [be] better off, well then we should do more in the way of educating them. This is a kind of idea that somehow conveys the dangerous notion that the unemployment suffered by many,…
Just FYI: Markets Don’t Supply According to Demand
“Lets remember what a market is. A market is not what is taught in the university; it’s not about supply and demand. Markets do not supply what people demand. They supply what people can afford. That’s a very different thing. We could easily right now come up with the demands we think a society like…
Abolishing the Distinction Between Bosses and Employees
“The fact that the state regulates private capitalist enterprises and operates state capitalist enterprises does not reduce the capitalist structure of an economy. So long as employers, private or state, hire laborers to produce commodities and generate profits that the employers “exclusively” receive, the economy has a capitalist structure. So long as it is exclusively…
Adopting The Values of The Market Prison
“It is arguably the single most important concept in the entire logic of capitalism: commodification, more specifically the commodification of labour. A commodified world is one in which the vast majority of the population is dependent for their economic survival on the sale of their labour power as a commodity in the form of wage…
Even the so-called laws of nature are themselves little more than islands of relative stability in a sea of process.
“The salient idea of process philosophy is that the world consists of—and must, in consequence, be understood in terms of—changes rather than fixed stabilities. But from the time of Pythagoras, various philosophers have taught that while the world’s phenomena may be ever-changing, the laws that govern the comportment of these changes are stable and fixed…