"No servant can serve two masters: for either he will hate the one, and love the other; or else he will hold to the one, and despise the other. Ye cannot serve God and Mammon." ~ Luke 16:13 KJV We talk with historian Eugene McCarraher about the myths and rituals of the market, the lost … Continue reading When Did Capitalism Become Our Religion?
If news articles reflected the truth instead of being native advertising for paid "influencers" peddling their social status symbols and boobs in hazmat DOC orange edited by O Society October 7, 2019 Kylie Jenner is showing off the new sick ride in her driveway, but the new whip is so expensive it has some fans … Continue reading Entitled Douchebag Shows Off Car She Just Wasted $3 Million on to Adoring Bootlicker Fans Who Can’t Afford Gas
"I guess the trouble was we didn’t have any self-admitted proletarians,” wrote John Steinbeck of his fellow Americans. “Everyone was a temporarily embarrassed capitalist.” Why do Americans want so much more than we need? by Juliet Schor edited by O Society October 6, 2019 In contemporary American culture, consuming is as authentic as it gets. … Continue reading The Politics of Competitive Consumption
How Will Capitalism End? (excerpt) by Michael Welton edited by O Society October 4, 2019 Sociation by consumption Wolfgang Streeck, author of How will capitalism end? , provides us with a compelling and provocative analysis of how capitalism, slammed against the ropes and almost down for the count of ten, found a way out of its … Continue reading What’s In It For Me? Turning Citizens Into Customers
Voluntary pledges might make CEOs feel good about themselves, but they will not get us out of the mess we are in. by Michelle Meagher edited by O Society October 2, 2019 It is almost as if we were not meant to notice. Last month the influential Business Roundtable released a letter, signed by 183 Chief … Continue reading We Cannot Rely on Corporations to Reform Themselves; We Must Challenge Their Power
"Yes, change is the basic law of nature. However, the changes wrought by the passage of time affects individuals and institutions in different ways. According to Darwin’s Origin of Species, it is not the most intellectual of the species who survives; it is not the strongest who survives; but rather the species who survives is … Continue reading Social Darwinism and Fitness
by Yves Smith edited by O Society September 19, 2019 Surprisingly, no one commented on a link to an important article by the Financial Times’ esteemed economics editor, Martin Wolf: why rigged capitalism is damaging liberal democracy, which weighed in as a major feature, as opposed to his usual column length. Wolf’s article is noteworthy by … Continue reading The Financial Times’ Martin Wolf Discovers Rentier Capitalism and Financialization Increase Inequality and Hurt Growth