Posted March 18, 2019 at 12:49 pm
The natural state of human existence is abject poverty. That’s the starting point–naked, hungry, and homeless. Any effort towards survival is the most basic form of wealth creation. Labor is a key element in creating any wealth. Even cupping your hands together to draw water from a stream is labor. And it is required to […]
Posted February 12, 2019 at 3:05 pm
Or, How THE PEOPLE Seize the Means of Production… Using Capitalism Starting a book store requires capital for real estate, books, marketing, and labor costs. Starting e-commerce giant Amazon in a garage and working 12 hour days for years required less capital. Bezos seized the means of production from the capitalist book store owners and […]
Posted July 27, 2018 at 6:26 pm
Capitalism’s success is built on a belief – a story – that, given the right incentives, people can work together to solve problems. It’s worked magnificently. It’s the greatest story ever told. But to wrap our heads around its potential, we have to dig into how stories are told, why we believe them, and how […]
