Category: capitalism: a hobby
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Capitalism a hobby: attempting to understand the role of money in capitalism
Continuing with my hobby: capitalism, I have come as far as defining different types of capital. Please note that I have not yet taken on the task of actually defining capitalism. This is getting to be a life-long hobby instead of a temporary fad. To take the analysis one step further let us consider the conversion of one form of capital…
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Money makes the world go …. green?
Just suppose we all decided – and I mean all of us, politicians, corporates, national economic policy experts, universities, bus drivers, dog owners .. you get the idea… to demand that, apart from everyone doing their level best to live sustainably, that a monetary system would be put in place to drive development in that…
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Is there a cure to stabilize an economy?
The modern economy has undoubtedly given better lives to millions. However, despite years of experience and development of macroeconomic theory, despite decades of Nobel prizes in Economics, there still doesn’t appear to be a way to run an economy without putting severe hardship on a large percentage of the population. And this state of affairs is…
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Suppose capitalism mimicked the way nature works.
Article updated June 6 after consideration of all the recent comments We are stuck. On the one hand you have people who talk about economic growth as being the objective of policy – necessary to be able to pay back debts and achieve prosperity. On the other hand, you have the sustainable camp that claims…
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Debating Capitalism as if it exists
In my earlier post I said that my hobby of analysing capitalism from a sustainable point of view has got me to the point where I see that capitalism is actually a grammar describing the language of money. I said that there is an intellectual class paid to talk about these issues but, like linguists who have spoken a…
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CAPITALISM HAS FAILED. Remind me; what is it exactly?
In the excellent blog, CAPITALISM HAS FAILED, on Bill Totten’s site, Sara Robinson, MS, APF points out the shortcomings of what she calls “the model”: The problem, in a nutshell, is this: The old economic model has utterly failed us. It has destroyed our communities, our democracy, our economic security, and the planet we live on.…
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Putting a price on emissions using ecological maturity impact
The price mechanism does not provide perfect information and does not necessarily lead to a perfectly efficient distribution of resources. Many argue that the low cost of externalizing pollution to the community is leading us to create a fossil-dependent infrastructure that will be obsolete before it has paid for itself. This briefing from the Swedish Sustainable economy…
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Sweden’s plans for energy intensity transition look shaky
I promised in my last blog in the series capitalism: a hobby to delve into the status of Sweden using my ideas of capital value. Before I do that, however I need to give readers an idea of the over-riding plans that Sweden has for energy intensity reduction. We saw from previous analyses that oil…
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Economic growth in the sustainable community: can we or can’t we?
In this next foray into capitalism I want to explore the question of growth. Note that I still have not defined what capitalism is. Instead, I have taken the idea of capital and explored how the concept of capital works together with sustainability and resilience. This time I want to consider economic growth.We hear different…
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The secret to turning capital into something sustainable and useful
This is interesting. I started out to make capitalism my hobby and have got stuck posting about what capital is. My revelation from the last post was if you add up all the debt in the world, and then you add up all the money people possess in the world you get – zero. This is…