Tag Archives: trickle down economics

The Relation of Truth to Power

Each system defines its own variant of truth. Power manipulates human beings, masks reality, and therefore compromises knowledge’s claim to the truth. Ideas become ideology once they are integrated into our everyday activities, where they become normalized and naturalized (thus … Continue reading

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Populism: A Symptom of the Disease Weakening Democracy

In contemporary usage, “populism” is generally understood to mean political movements and individuals who channel widespread alienation and frustration by claiming to speak for “the people” against forces that are said to be destroying cherished ways of life. “The people” … Continue reading

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The Well-being Agenda: Measuring Economic Progress

In a distinct vision of the good society envisioned by Friedrich Hayek, Milton Friedman or Gary Becker, individual liberty and freedom can best be protected and achieved by an institutional structure, made up of strong private property rights, free markets, … Continue reading

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The Good Society: An Alternative Vision of Progress

When John Locke made his pronunciations in the 18th century, the ideal of an autonomous individual was embedded in a complex system that included family and church on one hand, and on the other a vigorous public sphere in which … Continue reading

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Understanding Socioeconomic Contradictions

In the 19th century Georg Wilhelm Hegel (1770-1831) developed a theory to explain historical development as a dynamic process. Hegel introduced a system to study history – dialectical thinking – a progression in which each successive movement emerges as a solution … Continue reading

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Refuse to Be Ruled by the Past

Theories of society develop out of social conditions and are shaped by cultural influences. They have been expressed in varying forms of action, by which in turn, they have been modified. William Godwin wrote in 1793 that governments have no … Continue reading

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Beyond Plutocracy: the Return of Democracy

The Power Elite is a 1956 book by sociologist C. Wright Mills, in which Mills calls attention to the interwoven interests of the military, corporate and political elements of society and suggests that the ordinary citizen is a relatively powerless … Continue reading

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The Poor Must Seize the Charities

It is not enough to mitigate the worst aspects of poverty. We should instead seek to harness the potential of direct aid to create organizations which aim to abolish the conditions which make that aid necessary. Vulnerability has three important … Continue reading

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The Church of Everlasting Debt and Your Identity

It is easy to start a church. You need a set of by-laws – the governing principles of your organization. Simply adopt clauses from existing ideology you deem appropriate and re-write them to reflect your exact circumstances. The neoliberal ideology … Continue reading

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Opportunities Lost: Create Your Own Truth

Neoliberalism rose to prominence by representing the subsequent crisis of the 1970s as a crisis of Keynesianism, against which the neoliberal project could be advanced as the return to the natural order of market society. The introduction of trickle-down economics … Continue reading

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