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Fortunately, we never attempted to subsidise rice or other staple foodstuffs. Those governments which have done so face grave problems, as more and more of their revenue goes into feeding more and more mouths at subsidised prices, generating overpopulation, under-education, low economic growth, massive unemployment and resulting social unrest. And
... See moreKuan Yew Lee • The Wit and Wisdom of Lee Kuan Yew
22 Monica Martinez-Bravo, Gerard Padro-i-Miquel, Nancy Qian, and Yang Yao, “Accountability in an Authoritarian Regime: The Impact of Local Electoral Reforms in Rural China,” Yale University (2010), manuscript.
Abhijit V. Banerjee • Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty
The communists failed because it was a propaganda based on the barricade, and you get men running to the barricades only if they are really hungry, really desperate. Then, they are prepared to take up the stone, throw it into the glass window, turn the car over and burn it. When they are not desperate, when they are reasonably fed, reasonably
... See moreKuan Yew Lee • The Wit and Wisdom of Lee Kuan Yew
After all, housing can’t be simultaneously an asset and a human right; safeguarding capital’s right to a return requires the ability to evict people if they don’t comply with capital’s demands for a tithe of their income. Capitalism governs through a mix of carrot and stick, and this particular city — the epicentre of capitalism run amok — is a
... See moreWendy Liu • Abolish Silicon Valley
From time to time in the history of human civilisations, more civilised, more cultivated societies, with higher standards of living, have been overrun and subjugated by barbaric and less advanced groups. So the Roman Empire fell. And so successive Chinese and Indian civilisations were conquered by virile warrior races, who were socially and
... See moreKuan Yew Lee • The Wit and Wisdom of Lee Kuan Yew
Machines turn against men at a much lower level of power than would be ruled out by the first five criteria. But while these criteria identify necessary safeguards for life and liberty, the balance of purpose depends on a different kind of value. Conceptual rather than empirical criteria can be set for the constitutional limitation of power. It
... See moreIvan Illich • Tools for Conviviality
Politics
Faith Hahn • 1 card
Camus pense l'inverse : on ne révolutionne pas l'économie avec pour objectif de changer l'homme ; mais on change l'homme pour qu'il révolutionne ensuite l'économie et la mette non plus au service du capital, des propriétaires, des possédants, mais du peuple. Marx croit à l'économie d'abord ; Camus, à l'anthropologie, à la psychologie, à
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