Tag Archives: Thorstein Veblen

The Populist Narrative on Social and Economic Inequality

Late-stage capitalism is a term that describes the current phase of capitalism, characterized by extreme inequality, environmental degradation, social alienation, and political corruption. Late-stage capitalism is not a precise or scientific term, but rather a subjective and critical one. It … Continue reading

Posted in economic inequality | Tagged , , , | Leave a comment

Balancing Inequality and Competition: the Ideal Social Contract

Freedom is good, but security is better. That’s what Thomas Hobbes (1588-1679) believed. He made his point by imagining what it would be like to live without government, laws, or society. In this ‘State of Nature’ you could do whatever … Continue reading

Posted in Uncategorized | Tagged , , , | Leave a comment

Interpreting Darwin’s Work Today

The Enlightenment era ushered in revolutionary ways of thinking. Following Issacc Newton’s discovery of universal gravitation, many believed that by applying reason it would be possible to unlock the laws of the universe. Eighteenth century philosophers believed they had discovered … Continue reading

Posted in neoliberalism | Tagged , , , , | Leave a comment

On Transforming Rationalization

John Locke (1632-1704) believed that one should use reason to search after truth rather than simply accept the opinion of authorities or be subject to superstition. Used properly, reason could determine the legitimate functions of institutions and optimize the functioning … Continue reading

Posted in Global Economy, Rationalization | Tagged , , , , | 1 Comment