Capitalism is often defined as an economic system characterized by private ownership for the purpose of profit. But private property is a myth. Yet we still have capitalism, or at least we seem to have it. So what is capitalism really, and how can it function without private property?« Continue »
Politics and economics are far more complicated than most people want to admit. People see the world in black and white. Either you’re a capitalist or you’re a socialist. Socialism and capitalism are seen as mutually exclusive systems of resource management. If you are a socialist then you oppose capitalism. If you are a capitalist then you oppose socialism. However, the two are not mutually exclusive and can interact in such a way that the result is greater than the sum of its components.« Continue »
Crowd funding is a wonderful free market capitalist solution for projects looking to get startup capital. Except it’s not. It isn’t even a market solution.
« Continue »
Here is a rough draft detailed outline for Economy and Government: an Evolutionary Perspective. Included are theories on evolutionary psychology and dynamics of evolution, the creation of an analogy between market systems and biological systems, concepts regarding complex dynamic systems, and a discussion of optimization problems. Heavy reading, but worth it if you’re interested in finding out just why natural market economics is indeed a reasonable solution.« Continue »
Capitalism needs war, does it not? This is the rhetoric thrown around by many anti-capitalists. The following is a conjecture formulated based on knowledge of human history and the evolutionary past of humanity. It still requires further testing, but as it stands, it is quite reasonable to assume that it is indeed a valid view point, at least as valid as those view points of the “great economics” who had very little real world knowledge to go by when producing their economic theories.« Continue »