Sublime

corporate power steers legislation toward the aggrandizement of its own profits.

But as the dream of inevitable progress by doing good failed to materialize in most of the world, the political tenor has decidedly shifted away from the 20th century heydays of liberalism, inclusive globalism, and cosmopolitan network culture toward a balkanization of the political and cultural map.

Monopoly Lies

It is somewhat concerning to us that people seemed, and still seem, to be lining up to both defend and attack “capitalism,” when the object of discussion could hardly be further from any worthwhile meaning of the word but is rather better described as: To boost aimless consumption, primarily with uncollateralized debt, by destroying the price signa

David Stasavage calls “early democracy,” resembling the councils and assemblies of hereditary chiefdoms.

The dominant regime of political economy in the West since 1971, and particularly acute since 2009, has been built on a set of related economic fallacies: There are no adverse consequences to manipulating the price and supply of money; economic well-being can be measured by increases in flows of revenue rather than the growth rate of profit over ca

The west had “won” the Cold War and now a global consensus had halted the march of historical change as everyone settled into a unified global liberal economic, political, and social order.

In a world of scarce resources, globalization without new technology is unsustainable.