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Capitalism

How The Rational Irrationality of Capitalism Is Destroying the World

Posted May 1, 2016 by Ian Welsh

Capitalism leads to actions only a self-destructive wastrel would want, but does so entirely rationally. Think of rationality as being of two types. Means-ends, and Internal-Coherent. In means ends rationality we say “I want to get to point A. How do I do that?”  “I want to grow a garden so I can eat food. […]

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Capitalism

Capitalism and Good Post-Capitalism

Posted April 17, 2016 by Ian Welsh

Let us revisit what capitalism is. Capitalism, everywhere, is defined by the removal of capital from most ordinary people and the concentration of capital in the hands of a few. Capital, in this definition, is not money.  It is the tools required to feed, house and cloth onself. Medieval serfs, in most areas, had access […]

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