Everyone knows the biggest problem today is unemployment. Them greedy capitalists and the cheating Chinese are stealing all our good jobs, leaving us unemployed. Unemployment isn’t even the whole “problem”, when you factor in underemployment (people who want more work… Continue Reading
“The world is being ripped apart by greed and inequality.” “Capitalism left unchecked will continue to destroy the planet.” “Capitalism makes the rich richer and the poor poorer.” These are the kind of statements that I would have typed up… Continue Reading
The biggest problem with today’s world isn’t Trump, or conservative, or the Big Energy companies, it’s ideological thinking. “If you want to make the world a better place Take a look at yourself, and then make a change.” – Michael Jackson… Continue Reading
If capitalism has proven anything, it is the strength of the profit motive as an incentive. Having a sound understanding of the profit motive is important for all of us to ensure we don’t end up blaming the wrong people… Continue Reading
I’ve spent a lot of time learning about capitalism in hopes of finding out how we can get to Better Capitalism. I’ll be honest, there are no silver bullets, no clear cut answers, but the thing that I’ve realised is… Continue Reading
I’ve been on a journey to understand the fundamentals of capitalism and how it relates to the world we live in. One of the big drivers for change when looking at our capitalist model is climate change. Climate change is… Continue Reading
(Goodreads・Amazon) My personal prediction Humans are going to go through a rather lengthy and difficult learning experience that will likely last 60-200 years. We won’t change our behaviour in time to reach the 2C warming target. Even when we hit… Continue Reading
(Goodreads ・ Amazon) So here lies the conundrum. The world isn’t as bad as we think it is. Quality of life is the best it has ever been in right across the globe. That’s not to say things aren’t still… Continue Reading
(Goodreads ・ Amazon) Fucking beautiful. Core Ideas Neoliberalism is unsustainable. Capitalism goes through 50 year “Kondratieff” cycles. The current one has stalled. Information-technology has zero-marginal costs. Non-market goods and services are taking over previous market niches. Inequality is rising and… Continue Reading
(Goodreads ・ Amazon) The Four Demands Full automation – rather than fighting machines, aim for 100% automation of labour. This would mean the ability for wealth to grow without human labour needed. Our basic human needs would be fulfilled by machines.… Continue Reading
I had a strange encounter on a recent flight out of Sydney. I was sitting next to a guy who by “profession” is a male lifestyle coach. What this really means is he exists as part of a community that… Continue Reading
While learning about capitalism, neoliberalism appears to be the most overused and least-understood term that I’ve come across. However, it is one of the core critiques and challenges towards moving to better capitalism. Unless we all get on the same… Continue Reading
There is a lot of misconception about fractional-reserve banking. I’ve spent hours reading articles, forums, and rants as people argue back and forth about how things really work. For such a fundamental part of society, it’s frightening that there is… Continue Reading
Chatting with my family last week while I was visiting Sydney made me realise how difficult it is to sum up what money is, it’s brief history, and how it dramatically changed in the last 50 years. So here’s my… Continue Reading
(Goodreads・Amazon) An extremely thorough and diligent study on the effects of monopoly capitalism on human labour. I’m blown away by the depth and rigour that Braverman goes to in this exploration. He is truly a clear writer and sound thinker.… Continue Reading
(Goodreads・Amazon) Not a recommended read. This lengthy book by Friedman feels more like multiple opinion pieces rather than accurate research. The crux of the book is about letting markets operate with minimum government intervention. He argues that this will reduce… Continue Reading
(Goodreads・Amazon) I struggled 30% of the way through this before giving up and coming to terms with the fact that it wasn’t going to get any better. The content is great, it’s just that the author is an economist, not… Continue Reading
Debt is a big scary word that has lots of bad connotations. But this is largely because we fear what we don’t understand. In this amazing video by billionaire investor Ray Dalio, he explains in extremely simple terms what debt… Continue Reading
You know that recessions are bad and depressions are worse, but I bet you didn’t know why. To be honest, I don’t think many people do. Why does GDP always have to go up? Before reading on, I really encourage… Continue Reading
Capitalism is a system that operates in a clear and repeatable manner. Any industry that gets fed into the capitalist machine will be affected in these ways: The labour process The most important impact of capitalist production is on the… Continue Reading