Sublime

Rawls explicitly stated that “welfare state capitalism” could never fully achieve his principles of justice.[71] Rather, we need to reimagine our economic model in a more fundamental way—embracing a more universal approach to meeting basic needs, developing a comprehensive agenda to increase earnings and share society’s wealth, and putting meaningf

The rise of the service sector has, in her view, made emotional work more systematized, standardized, and mass-produced, but its existence still capitalizes on the fact that, from childhood women, have been trained to have an instrumental relation to their emotions.20

John Stuart Mill, arch advocate of free people and free markets, once said that if widespread scarcity was a hallmark of capitalism, he would become a communist.)[26]

Before the wage earner could emerge as our society’s paradigmatic subject, the persona that we must all embody to survive, the condition of what historian Michael Denning calls “wagelessness” had to be imposed via the process of enclosure, after which peasants could no longer provide for themselves. “Capitalism begins not with the offer of work, bu

One of Adam Smith’s most intelligent and penetrating readers was the German economist Karl Marx. Marx agreed entirely with Smith’s analysis: specialization had indeed transformed the world and possessed a revolutionary power to enrich individuals and nations. But where he differed from Smith was in his assessment of how desirable this development m

The ‘science’ consists in the ‘laws of historical motion’ set out in Das Kapital and elsewhere, according to which economic development brings about successive changes in the economic infrastructure of society, enabling us to predict that private property will one day disappear.