The Lives Of The Super Wealthy. March 30, 2011 at 11:00 AM The Lives Of The Super Wealthy The secret fears of the super rich, on money, anxiety, and isolation.
The Political Scientist Who Debunked Mainstream Economics. By David Bollier “Picture a pasture open to all.”
For at least a generation, the very idea of the commons has been marginalized and dismissed as a misguided way to manage resources: the so-called tragedy of the commons. In a short but influential essay published in Science in 1968, ecologist Garrett Hardin gave the story a fresh formulation and a memorable tagline. Why We Hate Cheap Things. The Egalitarian Program in Broad Strokes. Some of my Twitter critics say I put too much focus on welfare benefits, neglecting other components of an egalitarian agenda.
While it's true that I focus the most on welfare, this is because welfare is the best and most effective way to reduce poverty. Nonetheless, to appease these critics, let us lay out the basic structure of a broader egalitarian program. Prof-Stephen-Hawking comments on Science AMA Series: Stephen Hawking AMA Answers! History, Travel, Arts, Science, People, Places. Your Wallet or Your Life. Two individuals — both infected by the single-celled parasitic protozoa Toxoplasma gondii — “showed prompt, dramatic responses” after being started on a two-drug cocktail.
One of the drugs was pyrimethamine, also known by its brand name, daraprim. A recent dramatic medical advance? Not quite. This report — one of the earliest reported uses of the regimen for toxoplasmosis — appeared in the New England Journal of Medicine in 1957. Daraprim has been a first-line treatment for toxoplasmosis — a serious threat to the immunocompromised and to the newborns of infected women — ever since. The case against equality of opportunity. "While we don’t promise equal outcomes, we have strived to deliver equal opportunity.
" – Barack Obama "Instead of focusing on equality of outcomes, we should be focusing on equality of opportunity. " – Paul Ryan "President Roosevelt … said there's no mystery about what it takes to build a strong and prosperous America: 'equality of opportunity. ... ' That still sounds good to me. " – Hillary Clinton. The Unselfish Gene. Artwork: Geoffrey Cottenceau and Romain Rousset, Flamme, 2009 In 1976, evolutionary biologist Richard Dawkins wrote in The Selfish Gene, “If you wish, as I do, to build a society in which individuals cooperate generously and unselfishly towards a common good, you can expect little help from biological nature.
Let us try to teach generosity and altruism, because we are born selfish.” By 2006, the tide had started to turn. Harvard University mathematical biologist Martin Nowak could declare, in an overview of the evolution of cooperation in Science magazine, “Perhaps the most remarkable aspect of evolution is its ability to generate cooperation in a competitive world. Thus, we might add ‘natural cooperation’ as a third fundamental principle of evolution beside mutation and natural selection.” The 15-Word Fix for Tragically Misguided Logic (Needism) By Jag Bhalla This is diablog 7 between David Sloan Wilson (DSW, head of the Evolution Institute and author of Does Altruism Exist?)
And me (JB). 1. JB: Humans basically can’t survive without cooperating (~economics) and sharing resources (~politics). The sharing economy is bullsh!t. Here’s how we can take it back. The sharing economy is bullshit.
Airbnb is a rental broker. Uber and Lyft are unregulated cab services. Taskrabbit and similar “servant economy” enterprises let well-off people pay less well-off people to do their chores — without providing anyone the benefits and security of traditional employment. “Sharing” has been appropriated and stripped of all meaning by people trying to sell you things, much like sustainability was. Once “green” became hip and important about a decade ago, corporate bigwigs started preaching about sustainable profits and misleading eco-labels got slapped on single-use disposable plastic water bottles.
A recent piece in The Nation indicted the so-called sharing economy on multiple counts: Class differences. University of California, Irvine, professor Paul Piff, PhD, starts his courses on class differences by asking students about their consumer habits: Do they shop at J.C.
Penney or Neiman Marcus? What kind of car do they drive, if they drive at all? What is their preferred breakfast, a fruit smoothie from Starbucks or a Dunkin' Donut? Hazel Kyrk. Hazel Kyrk (1886 – 1957) was an American economist.
§Biography §Early years Hazel Kyrk was born in 1886 in Ashley, Ohio. She was the only child of Elmer Kryk, a drayman, and Jane Kyrk, a homemaker. She attended Ohio Wesleyan University from 1904 to 1906. §Career Films - WE THE ECONOMY. Middle class Americans: Not so wealthy by global standards - Jun. 11, 2014. NEW YORK (CNNMoney) The numbers seem to back it up. Americans' average wealth tops $301,000 per adult, enough to rank us fourth on the latest Credit Suisse Global Wealth report. But that figure doesn't tell you how the middle class American is doing. Americans' median wealth is a mere $44,900 per adult -- half have more, half have less. That's only good enough for 19th place, below Japan, Canada, Australia and much of Western Europe.
"Americans tend to think of their middle class as being the richest in the world, but it turns out, in terms of wealth, they rank fairly low among major industrialized countries," said Edward Wolff, a New York University economics professor who studies net worth. Poverty Is Not Inevitable: What We Can Do Now to Turn Things Around by Dean Paton. The Economy: Under New Ownership by Marjorie Kelly. How cooperatives are leading the way to empowered workers and healthy communities. posted Feb 19, 2013 Employees at Equal Exchange, the oldest and largest fair-trade coffee company in the nation. It is also a worker-owned cooperative. Photo by Paul Dunn. Humans Need Not Apply.
The Danger of Financial Jargon. For the Love of Learning: John Oliver on the Wealth Gap and Inequality. It Matters How Rich the Rich Are. John Aziz at The Week argues that it does not matter how rich the rich are. Bitcoin is Gamification. Sick of this market-driven world? You should be. To be at peace with a troubled world: this is not a reasonable aim. It can be achieved only through a disavowal of what surrounds you. To be at peace with yourself within a troubled world: that, by contrast, is an honourable aspiration. This column is for those who feel at odds with life. It calls on you not to be ashamed. I was prompted to write it by a remarkable book, just published in English, by a Belgian professor of psychoanalysis, Paul Verhaeghe. We are social animals, Verhaeghe argues, and our identities are shaped by the norms and values we absorb from other people.
Today the dominant narrative is that of market fundamentalism, widely known in Europe as neoliberalism. Pocket: Log In. Followership. Followership refers to a role held by certain individuals in an organization, team, or group. Money & Debt: Crash Course World History 202. Scientists: Rich People, Poor People May Have Shared Common Ancestor. ITHACA, NY—According to a study released this week by geneticists at Cornell University, substantial evidence indicates that rich people and poor people—disparate populations long thought to be entirely unrelated—may have once shared a single common ancestor.
“After conducting careful DNA analysis, our research team was taken aback to discover that the wealthy and the working class actually have a considerable number of genetic similarities,” said study co-author Kenneth Chang, adding that despite the disparity between the modern-day affluent and low earners in terms of behavior, appearance, and lifestyle, numerous genetic markers revealed that their predecessors may have once lived beside one another without any noticeable differences. “Side by side, poor people and rich people look almost nothing alike, of course. Why do we value gold? Are Bitcoins and Unusual Hats the Future of Currency? Why You Should Bribe Your Kids: A New Freakonomics Radio Podcast. [MUSIC: Pearl Django, “La Rive Gauche” (from Under Paris Skies)] Stephen J. The Great Philosophers 8: Theodor Adorno. © Getty. Capital in the Twenty-first Century by Thomas Piketty – review. This is a VIB – very important book. Nearly everyone agrees about that. Why Everybody Who Doesn’t Hate Bitcoin Loves It: Full Transcript.
THE FINANCIAL PHILOSOPHER: Foundations vs 'Castles in the Air' "I learned this, at least, by my experiment: that if one advances confidently in the direction of his dreams, and endeavors to live the life which he has imagined, he will meet with a success unexpected in common hours. Collared or Untied: Reflections on Work in American Culture. The evils of meritocracy. © Geert Vanden Wijngaert/AP/Press Association Images. Why Americans Are the Weirdest People in the World. Why No Sustained Protests (Yet)? Our Cubicles, Ourselves: How the Modern Office Shapes American Life - Rebecca J. Rosen. ‘Slomo’
‘Slomo’ Three Rules to Make Sure Economic Data Aren’t Bunk. The Economy of Smallness: Making Economic Exchange a Loving Human Interaction by Abby Quillen. The Philosophers' Mail. Four Myths About Poverty - The Chronicle Review. In the Name of Love. Minnesota Video Vault. All kids should take 'Poverty 101' Watch Face to Face Online. All kids should take 'Poverty 101' Criticism of capitalism. Poverty in America Is Mainstream. Are we witnessing an open source finance revolution? Economist Richard Wolff Debunks "Bar Stool Economics" Digital Dead End: Fighting for Social Justice in the Information Age by Virginia Eubanks. Virginia Eubanks: Deconstructing the Digital Divide. Rich People Actually Don't Create The Jobs. The Myth of Virtual Currency. Hyperemployment, or the Exhausting Work of the Technology User - Ian Bogost.
Michel Bauwens: Four Scenarios for the Collaborative Economy. A New Workplace Manifesto: In Praise Of Freedom, Time, Space, And Working Remotely. The Mental Burden of a Lower-Class Background. Those People. The Myth of Virtual Currency. Richard Wolff on The Campbell Conversations. Art as Therapy. Michael Sandel: Why we shouldn't trust markets with our civic life. Lawrence Lessig: We the People, and the Republic we must reclaim.
Declining Faith in Hard Work and Capitalism. Bounded rationality. Cognitive bias. List of cognitive biases. Encore: Taming Capitalism Run Wild. THE ECONOMY: Time For Companies To Pay Their Employees More. Companies Need To Pay People More. New Study of Foragers Undermines Claim That War Has Deep Evolutionary Roots. What Isn’t for Sale? - Michael J. Sandel. The Glory of the Commons by Timothy Noah. Economy and psychology. Riz Khan: Status anxiety in the age of austerity.
Nick Hanauer. The Darwin Economy. How Class Works. The Cost of Inequality www.thersa.org/__data/assets/file/0019/1017208/20130221StewartLansley.mp3. Adam Davidson: What we learned from teetering on the fiscal cliff. Dan Pallotta: The way we think about charity is dead wrong. 02 - Epicurus on Happiness - Philosophy: A Guide to Happiness. Ken Robinson - The Element. Machines Can't Flow: The Difference Between Mechanical and Human Productivity - Linda Stone. Beyond the Culture of Contest: Michael Karlberg. The Persuaders. Rachel Botsman: The currency of the new economy is trust.
Bondsy and the Modern Myth of Barter. The Ascent of Money. A Crumbling Cultural Story by David Korten — Agenda for a New Economy. Can There Be “Good” Corporations? by Marjorie Kelly. Cooperatives: A Counterpoint to Corporatism - Pt.1: Professor Stefano Zamagni. Marxian Economics - An intensive introduction. Wealth Inequality. The Problem of Corporate Purpose_Lynn A. Stout.