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Memes tagged “capitalism”

1–20 of 22

The Capitalist-Consumerist Ethic

We are all good consumers. We buy countless products that we don’t really need, and that until yesterday we didn’t know existed. Manufacturers deliberately design short-term goods and invent new and unnecessary models of perfectly satisfactory products that we must purchase in order to stay ‘in’. Shopping has become a…

Money is a System of Mutual Trust

Trust is the raw material from which all types of money are minted. When a wealthy farmer sold his possessions for a sack of cowry shells and travelled with them to another province, he trusted that upon reaching his destination other people would be willing to sell him rice, houses and

Capitalist Peace

Such findings have led some political scientists to entertain a heretical idea called the Capitalist Peace.243 The word liberal in Liberal Peace refers both to the political openness of democracy and to the economic openness of capitalism, and according to the Capitalist Peace heresy, it’s the economic openness that…

Selection from the Wisdom of Hacker News

Inequality of information- find a place where you know something that many undervalue. Having this inequality of information can give you, your first piece of leverage. Be an unrelenting machine- Brick walls are there to show you how bad you want something. Commit to your goals and do not waver from them a one bit…

The Big and the Little

And Mallow laughed joyously, "You've missed, Sutt, missed as badly as the Commdor himself. You've missed everything, and understood nothing. Look, man, the Empire can replace nothing. The Empire has always been a realm of colossal resources. They've calculated everything in planets, in stellar systems, in whole…

The Majority do Robot Work

Someone had to run the harvesters in the rice and sugarcane fields, check the irrigation canals or robots, install things, fix things. Humans were still not only the cheapest robots around, but also, for many tasks, the only robots that could do the job. They were self-reproducing robots too. They showed up and…

Information Aggregation as Oppression

More and more ordinary people are thrust into a winner-take-all economy. It is a 21st century reprise of the Horatio Alger stories from the 19th century. A token few will find success on Kickstarter or YouTube, while overall wealth is ever more concentrated and social mobility rots. Social media sharers can make all…

The Privatization of Science

At this point the Wall Street lawyers and Strauss persuaded Eisenhower that the United States Bureau of Standards' scientists were in competition with private enterprise and must be curbed. Strauss assured Eisenhower that the corporations would take on all the bureau's discarded scientists. What the Wall Street…

Malthus > Darwin > Marx

In 1800 Thomas Malthus, later professor of political economics of the East India Company College, was the first human in history to receive a comprehensively complete inventory of the world's vital and economic statistics. The accuracy of the pre-Trafalgar 1800 inventory was verified by a similar world inventory taken…

The Success of Zoos

Given that 143 million people visit accredited zoos and aquariums each year, the Association of Zoos and Aquariums is entitled to the claim that the association is building North America's largest wildlife conservation movement. Zoos and aquariums are mainstream environmental organizations. Their supporters, some 48…

Ted Turner's Bison

Corporate America is also evolving as it adjusjsts busineiess practices to embrace conservation. Many American banks, for example, have committed to the World Wildlife Fund's Equator Principles, limiting investment only to companies and projects committed to environmental protection. WalVlart now only sells fish it…

Adam Smith Defends Taxes

The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities; that is, in proportion to the revenue which they respectively enjoy under the protection of the state. The expense of government to the individuals of a great…

Humans Don't Have Roots

In the very largest way of looking at planet Earth's socioeconomic-evolution events, we must observe that humans are designed with legs and not roots. Yesterday, humanity developed temporary roots as it cultivated its life-support food root-grown on the land. The metals made possible metal canning of food and…

Capitalism Derides the Human Invention

When individuals shunt the comprehensive cosmic regeneration into exclusive advantaging of only their own survival and enjoyment and succeed in prolonged local short-circuiting of cosmic regenerativity, they disqualify the invention "human" as a reliable function of regenerative Universe. They are just as…

Cooperation VS Capitalism

Finding the right balance between cooperation and competition has been the goal and bane of Western politics for centuries. Adam Smith recognized that the economic needs of the individual are better met by unleashing the ambitions of all individuals than by planning to meet those needs in advance. But even Adam Smith…