Tag Archives: capitalism

Presumed Priority

Kings considered capitalism to presume too much. Hobbes, however, could see an on-demand existence in priority, emerging slowly, resisting the demands of royalty presumed to be the habit of assumed priority. Now we presume an on-demand existence assumes the identity … Continue reading

Posted in Political-Economy and Philosophy | Tagged , | Leave a comment

Demanding the Construction

Constructing the Argument Capitalists construct an argument to justify the way they do “things.” (The “internet of things” now, for example.) Capitalism, they explain, optimizes utility (reducing costs to practically nothing). The utilitarian argument is a philosophical argument. It not … Continue reading

Posted in Political-Economy and Philosophy | Tagged , , , , | Leave a comment

The Free Market (Whether You Like It Or Not)

Cost Control (Instead of Crowd Control) On Demand Kick the risk out the front door and it just comes in the back. Being sure each citizen has enough income to demand supply controls costs. Without subsidies, or price supports (like … Continue reading

Posted in Political-Economy and Philosophy | Tagged , , , , | Leave a comment

Resisting Evolutionary Identity

The Counter-Evolutionary Capitalism emerged with a revolutionary identity. After the revolution, however, capitalists tell us, the human condition, fully organized to hedge the risk and reduce the angst, does not develop any further because it exists on demand. Being on … Continue reading

Posted in Political-Economy and Philosophy | Tagged , , | Leave a comment

Yielding to Common Divisibility

Mancur Olson presents a practical guide for understanding the “natural identity” Ayn Rand refers to, for example. In “The Logic of Collective Action” Olson describes divisible and indivisible incentives. We tend to naturally buy-in to indivisible rewards out of self-interest … Continue reading

Posted in Political-Economy and Philosophy | Tagged , , , , , | Leave a comment

Revealed Preference and the Probability of Now

Risk can be shifted to the future, but the more it is displaced from the present the more probable it becomes now. Look at Hobbes’ philosophy. Essentially he is saying that existence on demand is always present. He referred to … Continue reading

Posted in Political-Economy and Philosophy | Tagged , | Leave a comment

Low-Wage Inflation

When prices rise, wages are lowered. If prices rise against falling wages (the “new normal” we have now that Senator Coburn says should exist on demand) then, by means of demand destruction, there is a strong tendency to the classical … Continue reading

Posted in Political-Economy and Philosophy | Tagged , , | Leave a comment