The opposite of Capitalism is not Socialism, but Laborism: an economical and politica system in which labor takes systematic precedence over capital. The power of the State is used to make labor, not capital, artificially scarce. Under Laborism, the workers have the power and the market is more free than can be realized under Capitalism.
The only reason you are not a slave is that you are more productive if you are not a slave.
Honor and love - what else - defy the usurpation of meaning by the Story of capitalism, because they require the notion of "enough"
The Google God
Free market capitalism, in the time of high-tech communication technology, rewards the marketability of an idea more than the idea itself. Of course, in any liberal capitalist order, good ideas always needed to be noticed before their creator could be rewarded. Traditional investors recognized the potential of an idea for the betterment of society and ...
Profit maximization is a 'clean', strong forcing idea, i.e. one that allows for the abstraction from local context. It binds human actions together in a social structure that proves very hard to disentangle. Communal welfare cannot abstract from life in this way. The internal motivation hinges on local outcomes and thus erodes, leading either to societal collapse or suppression, which represent more primitive forcing ideas, namely following orders and immediate survival.
Review: Capitalism by Jürgen Kocka
This is the first of some short book reviews here on creativechoice. I love reading and will share my thoughts about the books that I are think are worth my readers' while. The short book Capitalism: A Short History begins with a concise discussion of the most important figures in the history of the concept ...
Reading: The Reckoning by Theodore Roethke
Theodore Roethke (1908-1963), a sickly boy who transformed into a bear of a man with father issues, was according to many critics the greatest of the American poets. While browsing a collection of his poetry on the Internet, I stumbled upon a poem about reckoning. I understand from his biography that he sought for redemption ...
Virtual capitalism
Margrit Kennedy, who died two years ago today, was one of the greatest advocates of an interest and inflation free money system. She was among the first to predict that we "cannot have infinite growth on a finite planet". Of course this is true. Logically, there are two ways out. We can try to stop ...
Bullshit Job Rap
We perform empty tasks to protect the status quo of the one percent Hell-bent on endless wealth multiplication and profit enlargement The fruit of our labor is trickling bottom-up on the escarpment We're the indentured workers who slave for money just to pay our rent "It's the economy, stupid" preaches Donald Trump who knows how ...