Word: capitalisme
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Do we want the Federal Government deciding which jobs should be created in our economy? In capitalism, the answer to this question in the long term is no. However, in the short term, there is a different economic argument that could plausibly take over.
Storey offers examples that have emerged from the course: “What if capitalism and industry were introduced into the Middle Ages?” “What if one person could actually own another’s mind, in a new and more complete form of slavery...
Nothing—if one believes that such differentials are necessary for our economic system to thrive. But do many believe that differentials need be this grotesquely large to incentivize and reward people adequately, if not richly? No; they are that large today simply because they can be that large...
Humans won't be the only animals to benefit. Clearing land for palm-oil plantations is Indonesia's leading cause of deforestation, says a 2007 U.N. report, with Sumatra, Kalimantan and Papua the three worst-affected provinces. Thanks largely to the global appetite for palm oil, which is found in...
“When we came along, people weren’t separating out belief from participation. Scholars were looking at institutions, religion markets, that kind of thing, but we were saying, ‘Why don’t we look at Weber?” said McCleary, referring...