Belief in Meritocracy Is Not Only False, It’s Bad for You
Meritocracy is a dubious ideology, save for supporting the status quo.
Read more...Category Archives: Social values
The Delphic Oracle Was Their Davos: A Four-Part Interview With Michael Hudson: A New “Reality Economics” Curriculum Is Needed (Part 4)
How mainstream economics ignores the lessons from antiquity on the destructiveness of oligachies, and how early industrialists and business schools promoted anti-rentier, socialit policies.
Read more...Put Bernie Sanders’ Face on Those Joe Biden Photos, Then Imagine What Party Leaders Would Be Saying
Another cut on #MeToo’s hypocisy with respect to Biden.
Read more...The Delphic Oracle Was Their Davos: A Four-Part Interview With Michael Hudson: The Inherent Financial Instability in Western Civilization’s DNA (Part 3)
By John Siman, who is also the author of Part 1 and Part 2 in this series John Siman: It seems that unless there’s a Hammurabi-style “divine king” or some elected civic regulatory authority, oligarchies will arise and exploit their societies as much as they can, while trying to prevent the victimized economy from defending […]
Read more...Yasha Levine: Respectable Racists
Racists are well tolerated in liberal bastions in America….as long as they are the right sort of racist.
Read more...Money Talks, Big Time: 1% Politics and the Scandals of A New Gilded Age
A social order where the power of money plays an outsized role looks illegitiamate, particularly when citizens have been sold the myth of meritocracy.
Read more...The Delphic Oracle Was Their Davos: A Four-Part Interview With Michael Hudson About His Forthcoming Book The Collapse of Antiquity (Part 1)
Michael Hudson describes how, in antiquity in Greece and Rome, emerging oligarchs ended the practice of debt jubilees, impoverishing laborers.
Read more...What Oklahoma’s Opioid Settlement Means for Other States, Cities and Counties Suing Purdue Pharma
Purdue Pharma has threatened to file bankruptcy in response to the tsunami of opioid-related litigation filed against it . That would throw a major spanner in the works.
Read more...Brave Old World: Immigration, Inequality and Intergenerational Mobility in the US
Economic mobility varies across the US, and tends to reflect the degree of mobility in the countries from which isettlers came.
Read more...Does Capitalism Kill Cooperation?
Economists fetishize innovation. But do they appreciate the importance of cooperation in getting there?
Read more...The Impact of Within-Group Conflict on Trust and Trustworthiness
On how life-and-death-level infighting has lasting effects on trust.
Read more...Five Ways to Talk to Kids About Climate Change (and Have Fun Too)
Climate change is a tough topic to present to children. Some ideas.
Read more...What Republicans and Billionaires Really Mean When They Talk About ‘Freedom’
Why the meaning of the word freedom very much depends on your economic standing.
Read more...Of Course We Can Pay for a Green New Deal, but We Can’t Escape Hard Choices
A high-level discussion of some of the operational issues posed by a Green New Deal.
Read more...A Way-Too-Early Handicapping of the 2020 Presidential Race
2020 is already in the news. so you might as well start working on your scoresheet!
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