Beiträge vom 5. Juni 2011

Capitalism vs. Free Market — what’s in a name, and is Fascism in the picture?

Sonntag, 5. Juni 2011 13:30

Despite my best efforts, this Sunday is on the best way to being a random-web-surfing day, reading (among many other things) critiques of Capitalism using an Indian company’s mobile network in remote Tanzania…

This randomness is of course the source of what we often deplore as procrastination, but I’m realizing it can also set free creativity, by presenting side by side concepts that seem only very loosely related at first. So here is my starting point, a very insightful remark on what difference it makes if we speak about Capitalism or Free Market Economy, from John Kenneth Galbraith, Canadian-American economist and author, published in the article Free Market Fraud in The Progressive magazine in 1999:

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small thoughts 2011-06-05 (my week in twitter)

Sonntag, 5. Juni 2011 7:59

  • Fukushima ist noch nicht vorbei — Strahlung neues Maximum und 100.000 Tonnen hoch radioaktives Wasser in der Ruine http://j.mp/jv36vX #
  • #travelinsight 54: Decentralized waste incineration is a bad idea. But there is no garbage collection in place here, while trash there is… #
  • How the new Egypt government changes the game for Israel http://j.mp/jHl9tc And some „old news“ we should keep in mind about the Gaza „jail“ #
  • US prison system dimensions and illusions: „we pay poor unemployed rural whites to guard poor unemployed urban blacks“ http://j.mp/iHGSOX #
  • Well-argued case for publishing peer-review comments with the articles, anonymous or not http://j.mp/jtgr2u #science #
  • #travelinsight 53: #postbank mobileTAN is so handy when traveling :) I only need my mobile phone for online banking. Yeah 21st century! #
  • Career advice for post-tenure economists (& others) http://j.mp/iPKrj1 increases my hope that good life and success go together in academia #
  • Thought-provoking „Male Privilege Checklist“ http://j.mp/iJpZOr Scary to see how different gender worlds still are, and my own ignorance #
  • Technology, liking, loving http://j.mp/ixfVrF #NYTimes #Op-Ed on how technology pulls us away from real life. Surprisingly deep thoughts! #
  • Critique of the „find yourself“ mantra for college graduates http://j.mp/jlFRQy Talk of a „calling“ touches big philosophical themes. Good! #
  • American doctors: incentives change political positions http://j.mp/mdvtSA Is it really only that? #
  • With a nudge from the government and consumers‘ minds changed by fuel prices, American companies learn to build compacts http://j.mp/lK5BWk #

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