Creatively Advancing into Novelty
“Leaders in business have a single overriding goal which must be proven to a well-defined audience of investors: making a profit, measured every quarter. By contrast political leaders have multiple goals, few of which are clearly stated or predominate over the others. They have multiple constituencies and a plethora of responsibilities measured primarily by the…
“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…
“Libertarianism is perhaps the most toxic mixture of liberalism (ala Hobbes and Locke) and capitalism.” It should not be a huge surprise for anyone who reads this blog to learn that I am not a huge fan of the political philosophy known as libertarianism. One of the things I hate most about libertarianism is it’s…
“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,…
“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…
“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…
“Darwin saw every reason to predict that this evolution of human cooperation would, after the nineteenth century, continue to even higher levels. “Looking to future generations,” he predicted in the Descent of Man, “there is no cause to fear that the social instincts will grow weaker, and we may expect that virtuous habits will grow…
…it seems here that capitalism gets human nature right. This is one of the reasons capitalism appears to be more successful than communism. Communism seems to miss the mark on human nature. Ironically by being too optimistic and hopeful, even Christian. People don’t tend to work hard for the good of others. Saints might do…