Word: capitalisme
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Put very simply, the game at the Board of Trade is to bet on the future. Those gesticulating and shoving men are brokers and dealers who are selling each other contracts to deliver goods months in the future at a fixed price-when the real market price may be higher...
(5 of 11) low cost. "Every cheap architect could copy Mies," says Johnson. "He could go to the client and say, I can do a building cheaper than I did it for you last year, because now I have a religion. We have a flat roof and simple factory-made...
Lasch relies on classic psychoanalytic theory to buttress his argument. Boiled down, it might be stated that a once rugged and resourceful America is now seething with a destructive Oedipal rage masquerading as the pleasure principle. But the heart of Lasch's critique is an involved analysis of capitalism...
"Having overthrown feudalism and slavery and then outgrown its own personal and familial form, capitalism has evolved a new political ideology, welfare liberalism, which absolves individuals of moral responsibility and treats them as victims of social circumstance. It has evolved new modes of social control, which deal with the deviant...
"ln order to break the existing pattern of dependence and put an end to the erosion of competence, citizens will have to take the solution of their problems into their own hands. They will have to create their own 'communities of competence.' Only then will the productive capacities...