Sublime
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Whether inequalities arising from the operation of capitalist markets are unjust, and, if so, to what extent they can be remedied without creating further injustices, are questions with many ramifications, some highly controversial.
LE Birdzell Jr. • How The West Grew Rich: The Economic Transformation Of The Industrial World
Cette opposition est radicalisée dès lors que l’on ne parle plus simplement d’inégalités, mais de domination. En effet, dans le langage sociologique, cette catégorie désigne l’intériorisation de la légitimité des inégalités. Elle est une manière, pour la société, de parvenir, à « parler » à travers les individus et de les faire adhérer à des
... See moreNicolas Duvoux • L'avenir confisqué: Inégalités de temps vécu, classes sociales et patrimoine (French Edition)
Since 2015, the richest 1 percent has owned more wealth than the rest of the planet owns.11 • Eight men own the same amount of wealth as do the poorest half of the world. • The incomes of the poorest 10 percent of people increased by less than three dollars a year between 1988 and 2011, while the incomes of the richest 1 percent increased 182 times
... See moreRobin DiAngelo • White Fragility: Why It's So Hard for White People to Talk About Racism
Hence, the attempt to achieve social justice through the redistribution of capital wealth is inherently contradictory. The more welfare policies and state regulations that prevent the exploitation of living labor, the more restricted are the possibilities of extracting surplus value, and the less “wealth” is available to distribute in the economy.
... See moreMartin Hägglund • This Life: Secular Faith and Spiritual Freedom
The gamble paid off. Despite Stanford’s success in persuading two institutions to withdraw their oral commitments to Benchmark’s fund, other investors stepped forward and the partners secured the $85 million in institutional capital that they had announced they would raise. At Bob Kagle’s urging, the partners started business by giving their
... See moreRandall E. Stross • eBoys: The First Inside Account of Venture Capitalists at Work
but it is the Government that has inherited the privileges of which families, corporations, and individuals have been deprived; the weakness of the whole community has therefore succeeded that influence of a small body of citizens, which, if it was sometimes oppressive, was often conservative.
Alexis de Tocqueville • Democracy in America, Volume I and II (Optimized for Kindle)
le jeune Marx expliquait comment « l’endettement de l’État était d’un intérêt direct pour la fraction de la bourgeoisie qui gouvernait et légiférait au moyen des Chambres » : C’était précisément le déficit de l’État, qui était l’objet même de ses spéculations et le poste principal de son enrichissement. À la fin de chaque année, nouveau déficit. Au
... See moreBenjamin Lemoine • La démocratie disciplinée par la dette (French Edition)
Sam Altman · March 16 • Moore's Law for Everything
Valuable new ideas have become quite scarce, and so the small number of people who hold the rights to new ideas—whether it be the useful Facebook or the more dubious forms of mortgage-backed securities—earned higher relative returns than in earlier periods. The “rise in income inequality” and the “slowdown in ideas production” are two ways of
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