Capitalism
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When Helping People Isn’t “Sustainable”
Count on America’s venal financial class to engage unironic self parody. According to a recent CNBC report, Goldman Sachs, one of the largest financial institutions in the world, asked whether the use of cutting-edge genetic therapy to cure patients is a “sustainable business model”: Continue reading
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Executive Bonuses as Motivation
As much of the country laments the demise of Toys R Us — a source of much nostalgia for generations of Americans since the late 1950s — it is worth taking a look at one way the company tried to climb out of bankruptcy just a few months prior: giving its top executives millions of… Continue reading
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The Case for a Universal Basic Income
By now, it is well established that capitalism is fundamentally built upon threats of force. As libertarian philosophers Robert Nozick and Matt Zwolinski have explained, the only way to turn unowned natural resources (such as land, minerals and other goods) into privately owned property is by violently preventing all others from using them. This one-sided exclusion destroys… Continue reading
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Why Workers Put Up With A Bad Economy
Given the mounting hardship and misery that has become common in most Americans’ working lives, one cannot help wonder why we have yet to take action — where are the strikes, demonstrations, unionizings, and other forms of pushback?How many more years of income stagnation, inequality, and stress can the majority of workers take? How much… Continue reading
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Big Business is One Thing — Corporate Influence is Quite Another!
That is basically the sum of Americans’ attitudes towards large corporations, according to a survey conducted by CNBC and public relations firm Burson-Marsteller. It gathered the responses of about 25,000 participants from 25 countries, including both rich and developing economies, regarding big business, its relationship with government, and similar issues (note that results for developing countries are… Continue reading
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No Representation Without Taxation
Well, that is not quite the argument that Amy B. Dean made in her opinion piece for Al-Jazeera America, titled Not Enough Taxation and Too Much Representation. But she does point out the discrepancy between how little modern corporations invest in their community — whether through paying taxes or through offering decent employment — and how much they nonetheless… Continue reading
About Me
Humanist | Bibliophile | Writer | Wiki Editor | World Citizen | Esquire (J.D. / LL.M.)
Sarvodaya 