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free-market ideology

Recently Noted – about free market capitalism – is capitalism the real problem?

Capitalism is driven by a single internal logic that requires the transformation of people and nature into commodities to produce profits. This logic is amoral and the system, excepting for external controls by government and social institutions, just churns on. —>> read more –>>

free-market ideology

Capitalism and Innovation

For all of the chest beating about the bold risks taken by capitalists, the capitalist time horizon is very short when compared to the many years of work that have gone into almost every significant scientific and technological advance. Without extensive government investment in activities that deliver longer term success, the capitalist system will simply eat its seed corn until it is gone. —>> read more –>>

free-market ideology

Neoliberalism Revisited

If we want to offer an alternative analysis we need direct language that does not refer to thinking and issues from 150 years ago that invites immediate suspicions that those speaking are academics and intellectuals who by definition are not connected to the day-to-day realities of American life. —>> read more –>>

free-market ideology

Naive Talk about Healthcare from Adam Davidson in the New Yorker

The solution to our healthcare problems cannot be clearer. Look at Canada, Germany, France, Japan, Australia, Netherlands, UK, Denmark, Sweden, and others. Plenty of healthcare systems with decades of operational experience producing much better outcomes for very single person in these countries at less than half the cost!! —>> read more –>>

free-market ideology

Regulations vs Protections – more than just words

The word “regulation” has been used as an epithet and rhetorical sledge hammer by Republicans and the centrist Bill Clinton Democrats as part of a general campaign to discredit anything that the government might do. This is part of the decades long political strategy of the rich and corporations to puff up the delights of “free markets”. —>> read more –>>

environment

Dumping Concrete: a law of capitalism In action – a local example

Every company seeks to get someone else to pay for as many of its costs of doing business as possible. The laws of capitalism require this. If all of Stickles’ competitors are similarly avoiding the costs of disposing of their waste concrete they must do likewise. Otherwise their cost of doing business would be higher. In the short term their profits will be lower. In the longer term they will be forced out of business because they will have to charge higher prices. This is so regardless of the moral values or sense of community of the owners of F.H.Stickles. This how capitalism works. —>> read more –>>