plutocracy

plutocracy


Income Inequality: Right or Wrong?

income inequality May 1st, 2018

Thomas Piketty, a French economist, made a big splash in 2014 with his book Capital in the 21st Century. It piqued my interest in regard to social justice. Specifically, social mobility, status quo, and economic freedom. I believe that America has a serious issue with wealth inequality, and income inequality, and has for quite some time. We are now less of a socially-mobile society than many countries in Europe are. Cross that with some of the standard of living/life satisfaction measures in which Europe and a few other countries do well, and you have a fairly grim assessment of the United States. Here are some thoughts on income inequality by Thomas Piketty.

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Economic Justice: My Ideal Society Described

justice December 9th, 2017

What would a society that really paid attention to economic justice look like? Here are some thoughts on the philosophical underpinnings of such a society. The basic structure of my favored economic system is roughly welfare statism centers around merit, equity, progressive goals, and just desserts. There is little of laissez-faire capitalism in this system, though, to my understanding, the welfare state needs to be based on an open market, with its emphasis on supply and demand, private ownership of the means of production, and due recognition of human nature. Thus, my system would stop short of a true, radical egalitarianism, or Marxism/State socialism/Communism. Those systems are too pie-in the-sky and frankly, just political impossibilities. Whereas many of the ideas Bernie Sanders touted during his almost-successful bid for the presidency are workable and politically possible, the State taking over all the means of production and taking private property from the oligarchs and plutocrats in this globalized system is a non-starter. Most Americans would not be in favor of a radically egalitarian distribution of societal goods, either. It just isn’t in our ethos. There is a lot we would be up for, and I will spell out my thoughts about economic justice in an ideal society.

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Corporations, Law & Democracy

corporations December 3rd, 2017

There is a lot of talk these days about “corporate citizenship” and “socially responsible business.” Some people think that is great — no more unnecessary polluting, propping up totalitarian regimes, and globehopping for the cheapest labor. It seems pretty clear that corporate citizenship is still pretty much a joke because of financial irregularities, bribes of politicians, abuse of people, ruination of the environment, etc. Those who make decisions that favor the shareholders and flout positive values are people who don’t have an internalized sense of ethics or honor. They are getting away with murder, often literally. Randy Hayes says: “Politicians and corporate ‘leaders’ have merged, reducing our political system to a ‘democracy theme park.’ This leaves us with the Republican side and the Democratic side of the ‘Big Business Party.’” I discuss these kinds of ideas with the man who knows what the deal is, Richard L. Grossman, in this blog.

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Quotes About Politics, Govt. & Citizenship

quotes about politics April 15th, 2017

Quotes about politics are a great way to learn more about the subject. Instead of a thick book or a dense paragraph surrounded by more dense paragraphs, a sentence or two that have been vetted as really communicating something worthy and informative about the subject is often a great way to learn. In this blog, you will find many diverse, interesting, and insightful quotes about politics, government, citizenship, morality, responsibility, and civics. Put on your critical thinking cap and go to work! 

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