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19 posts tagged with economics and Socialism. (View popular tags)
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Precarity

Generational Poverty Is the Exception, Not the Rule [more inside]
posted by eviemath on Jun 29, 2014 - 65 comments

Dear Marc Andreessen

"Hi, Marc... You seem to think everyone's worried about robots. But what everyone's worried about is you, Marc. Not just you, but people like you. Robots aren't at the levers of financial and political influence today, but folks like you sure are. People are scared of so much wealth and control being in so few hands... Unless we collectively choose to pay for a safety net, technology alone isn't going to make it happen." [more inside]
posted by kliuless on Jun 18, 2014 - 50 comments

The Library as an Economic Model in the Second Machine Age

Congress takes a casual look at the peer-to-peer economy - “Finding new ways to monetise used or existing assets has the obvious and immediate effects of raising their value and the wealth of their owners, while simultaneously reducing the value of comparable stuff owned by incumbent companies — for whom monetisation already wasn’t a problem, and who find themselves burdened by the newly competitive environment. The innovations also provide a surplus to those consumers who previously would have paid more to an incumbent. And all without any new stuff actually having to be made.” [more inside]
posted by kliuless on Jan 23, 2014 - 23 comments

Where would be the fun in watching a driverless Formula 1 race?

Brad DeLong, recently installed at Equitablog, lays out a future (wonkish) where the returns to capital keep increasing relative to labor: "What do we people do to add value? Eight things... [more inside]
posted by kliuless on Nov 9, 2013 - 29 comments

Why do I get just £1 pocket money a week?

Robert Peston answers a question from a disappointed six-year old. (As picture) [more inside]
posted by Wordshore on Aug 31, 2013 - 33 comments

Smaller Wallets, Larger Households?

A dozen ultraleft voluntarists arguing about shower schedules is a noise complaint; 120,000 downwardly mobile yuppies doing it out of necessity is a substratum. The material realities of declining wages, ballooning debt, and skyrocketing rents at the core of the neoliberal city have conspired to herd young people into unprecedentedly dense, poor, and precarious kinds of living arrangements. - Andrew Fogle on how the economic crisis is changing how people live together.
posted by The Whelk on Apr 12, 2013 - 55 comments

Coronet Instructional Films

From the mid 40s to the mid 50s Coronet Instructional Films were always ready to provide social guidance for teenagers on subjects as diverse as dating, popularity, preparing for being drafted, and shyness, as well as to children on following the law, the value of quietness in school, and appreciating our parents. They also provided education on topics such as the connection between attitudes and health, what kind of people live in America, how to keep a job, supervising women workers, the nature of capitalism, and the plantation System in Southern life. Inside is an annotated collection of all 86 of the complete Coronet films in the Prelinger Archives as well as a few more. Its not like you had work to do or anything right? [more inside]
posted by Blasdelb on Nov 1, 2012 - 41 comments

Hint: the answer is democracy.

The Costs of Capitalism's Crisis: Who Will Pay? Economics professor Richard Wolff gives some context to the latest economic crisis and suggests a solution to prevent this from happening again.
posted by mhjb on May 20, 2012 - 58 comments

The Failure of Judges and the Rise of Regulators

The Control Revolution And Its Discontents - "the long process of algorithmisation over the last 150 years has also, wherever possible, replaced implicit rules/contracts and principal-agent relationships with explicit processes and rules."
posted by kliuless on Feb 23, 2012 - 25 comments

The End of the Free Market?

We're All State Capitalists Now 'No, according to some commentators, the contest between the two Asian superpowers is also fundamentally a contest between economic models: market capitalism vs. state capitalism.' [more inside]
posted by the man of twists and turns on Feb 10, 2012 - 29 comments

the new humanism and socialism? developing human and social 'capital'...

The Future of History (non-gated, summary): Many have noted that democracy [1,2,3] does not often sit well with capitalism [1,2,3], but Foreign Affairs argues in its latest issue that, while the ideological battle was won in the 20th century, the challenge of 21st is one of implementation -- how to make liberal democracy work. [more inside]
posted by kliuless on Jan 8, 2012 - 12 comments

Four Economic Benchmarks We Need Now

With capitalism in crisis, can it be sustained or is it altogether outdated? As Umair Haque asks though, perhaps a better question is: "are organizations and markets making decisions that help make people, communities, and society better off in the long run, by allocating their scarce resources to the most productive uses?" [more inside]
posted by kliuless on Jul 13, 2010 - 15 comments

Be it resolved that financial 'innovation' does not boost economic growth

Basicland vs. Sorrowland
A parable about how one nation came to financial ruin by Charles Munger. For extra colour there's... [more inside]
posted by kliuless on Mar 2, 2010 - 34 comments

Hundred-to-won

Last December, the government of North Korea unexpectedly revalued its internal currency, the North Korean won, at a rate of 100-to-1 and capped the amounts that residents could exchange old currency at 300,000 won (approx. $90 U.S. on the black market). This effectively wiped out many peoples' savings and killed the nascent market economy that had begun to emerge after a series of economic reforms starting in July, 2002. Professor Rüdiger Frank of the University of Vienna argues that while it represents a temporary victory for the North Korean government, this move may ultimately lead to the end of North Korean socialism. [Recently here]
posted by albrecht on Feb 3, 2010 - 23 comments

George Soros on the Way Forward

Soros lectures
You can slog through the video, but I preferred the transcripts 1 | 2 | 3 | 4 | 5 [more inside]
posted by kliuless on Nov 21, 2009 - 13 comments

The Adaptive Value of Human Institutions:* Building a Better (Secular) 'Religion'

Keynes & Marx thought "that productivity would grow sufficiently to allow our needs to be met with very little labour," and that humankind's biggest preoccupation in the future would be leading lives of comfortable (or comparative) leisure. Obviously, that has not yet come to pass. But why?** Yochai Benkler (previously), for one, is working on it... [more inside]
posted by kliuless on Apr 25, 2009 - 37 comments

Chavez' Venezuela At 10 Years

Just ahead of a re-election referendum in Venezuela (scheduled for February 15), The Chávez Administration at 10 Years: The Economy and Social Indicators [PDF][Via]
posted by Rykey on Feb 10, 2009 - 26 comments

Mythbusting Canadian Health Care

Mythbusting Canadian Health Care, Part I. Part II: Debunking the Free Marketeers. [Via Orcinus.]
posted by homunculus on Feb 13, 2008 - 227 comments

Wealth Spawns Corruption. Socialist economies could be more at risk from corruption than Liberal ones. Ironically, wealth condensation poses the greatest danger to economies that impose constraints on the accumulation of great wealth - broadly speaking, Socialist economies. Liberal economies that maintain free and unrestricted trade are less susceptible.
posted by stbalbach on Jan 28, 2002 - 8 comments

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