How Economics Became a Religion

Introduction by O Society Dec 3, 2019  Economics people (my brother in-law is one) tend to think of what they do as some sort of science because they have all these formulae and so on. When you ask my b-i-l what he learned in school, his reply is, “We learned lots of math. I’m real … Continue reading How Economics Became a Religion

Signaling: The Language Peacocks, Gazelles, and Humans All Speak

Signaling and countersignaling are open/ hidden methods of communicating with each other. We do these consciously/ unconsciously “prove” we are who and what we claim to be. by Farnam Street edited by O Society Nov 21, 2019 The Basics We are constantly signaling. Every minute of the day, we send signals to others to convey we are intelligent, … Continue reading Signaling: The Language Peacocks, Gazelles, and Humans All Speak

Neoliberalism tells us we’re selfish souls – how can we promote other identities?

https://youtu.be/z5rRZdiu1UE by Christine Berry edited by O Society Nov 5, 2019 "Economics is the method: the object is to change the soul.” Understanding why Thatcher said this is central to understanding the neoliberal project, and how we might move beyond it. Carys Hughes and Jim Cranshaw’s opening article poses a crucial challenge in this respect. It … Continue reading Neoliberalism tells us we’re selfish souls – how can we promote other identities?

Paul Krugman — finally — admits he is wrong!

by Lars Syll edited by O Society October 26, 2019 Paul Krugman never suffered fools gladly. The Nobel Prize-winning economist rose to international fame—and a coveted space on the New York Times op-ed page—by lacerating his intellectual opponents in the most withering way. In a series of books and articles beginning in the 1990s, Krugman … Continue reading Paul Krugman — finally — admits he is wrong!

Do we possess our possessions or do they possess us?

Today's false dichotomy is brought to you by our friends down at the taxidermy farm where all the animals are stuffed till they burst. It is do we possess possessions or do they possess us? by Bruce Hood edited by O Society In 1859, around 450 passengers on the Royal Charter, returning from the Australian goldmines … Continue reading Do we possess our possessions or do they possess us?

Mammon & the Disenchantment of the World

by Eugene McCarraher edited by O Society October 22, 2019 Perhaps the grandest tale of capitalist modernity is entitled ‘The Disenchantment of the World’. Crystallised in the work of Max Weber but eloquently anticipated by Karl Marx, the story goes something like this: before the advent of capitalism, people believed that the world was enchanted, pervaded by … Continue reading Mammon & the Disenchantment of the World

What do you think about Donald Trump’s statement “the homelessness phenomenon phenomenon started two years ago?”

Of course Trump is wrong about homelessness. Here he just makes up a narrative as he goes along which suits his purpose. His purpose is always to make himself look better by making others look worse in a zero-sum game of social status. This is how, in his mind at least, he constantly grows and … Continue reading What do you think about Donald Trump’s statement “the homelessness phenomenon phenomenon started two years ago?”