Category Archives: Global Economy

Individualism and the Social Determinants of Health

Individualism was established as a Western value during the Enlightenment. During the 19th century there was reaction to many of the values of the enlightenment, except individualism. Romanticism appeared which supported the individual listening more intently to his conscience (emotion) … Continue reading

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The Trickle-down Effect

Milton Friedman (1912-2006), Nobel Prize winning economist from University of Chicago, popularized free market economy. Friedman’s explanation of economics emphasized that the laissez-faire economic system helps poor people by the trickle-down effect, which economic growth flows down from the top … Continue reading

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Part 1 of 2: The Rise of the New Anarchists

Pierre-Joseph Proudhon (1809-1865) championed anarchism as the most rational and just means of creating order in society. Among other things, he advocated what he called “mutualism,” an economic practice that disincentivized profit — which, according to him, was a destabilizing … Continue reading

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Part 3 of 3: The Road to Freedom

George Orwell was attending university at the end of the First World War. The young men returning from the war were angry at their elder’s incompetence for having led them to such mass slaughter. This mood of rebellion in Britain … Continue reading

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Part 2 of 3: Defining Freedom in the 21st Century

Hegel developed a philosophy of action in which the spirit is always active in the search of some aim, in realizing one’s potential or self-actualization. Hegel believed history is a progressive realization of freedom. Feuerbach’s critique of Hegel’s philosophy is … Continue reading

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Social Class, Government, and Dissemination of Information

The Enlightenment of the 18th century opened up the floodgates of new ideas, new thoughts on everything from the way man saw government and his own role in society to the way scientific ideas were conceived, demonstrated, and above all, … Continue reading

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Another Inconvenient Truth

An inconvenient truth is a truth no one likes to admit, and thus it is inconvenient and causes problems or difficulties for someone. The truth about the climate crisis is an inconvenient one that means we are going to have … Continue reading

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End A Decade of Lost Opportunities and Invest in the Future

Working age poverty is defined by the Organization for Economic Co-operation and Development (OECD) as the proportion of individuals aged 18 to 65 years with equivalized disposable income less than 50% of the median income of the entire population in … Continue reading

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On Virtual Feudalism

During the Age of Enlightenment people believed that the reasoning of men could free them of their ills, and lead to peace, security and good government. It was believed that reason would ensure the progress of humanity, and change the … Continue reading

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On the Average Man

During the 1830s there was a shift from the enlightened or rational man to the average man. The rise of statistics in the 19th century attests to the loss in faith in the power of individual reason with respect to … Continue reading

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