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Second, there is plenty of room for our morality, including our political morality, to be strict and based in the notion of rules and rights. We should subject ourselves to the constraint of respecting human rights, noting that only semi-absolute human rights will be strong enough to place any constraint on pursuing the benefits of a higher rate of
... See moreTyler Cowen • Stubborn Attachments: A Vision for a Society of Free, Prosperous, and Responsible Individuals
The accumulation of wealth by experts, combined with the decreasing efficiency of technocracy, is creating this third institutional crisis.
George Friedman • The Storm Before the Calm: America's discord, the coming crisis of the 2020s, and the triumph beyond
The institutional crisis is rooted in two things. First, the governing class, and the technocrats, accumulate power and wealth, and they begin to shape the institutions to protect their interests. The second problem is that the expertise that won World War II and built the postwar world is now encountering its own problem of inefficiency—diffusion.
George Friedman • The Storm Before the Calm: America's Discord, the Coming Crisis of the 2020s, and the Triumph Beyond
Donald Trump and Sanae Takaichi promise ‘golden age’ for US-Japan alliance
ft.com
As we’ll see in chapter 6, 40% of companies successful enough to become publicly traded lost effectively all of their value over time. The Forbes 400 list of richest Americans has, on average, roughly 20% turnover per decade for causes that don’t have to do with death or transferring money to another family member.17
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
Yancey Strickler • The Ownership Crisis
Here the Scottish philosopher Alasdair MacIntyre perceives a shift from communal ethics to a world order in which the individual has apparently become the norm. In his magnum opus After Virtue, MacIntyre explodes, among other things, the myth of modern moral freedom. Yes, we have been liberated from priests and the morality they imposed on us; but,
... See morePaul Verhaeghe • What About Me?: The Struggle for Identity in a Market-Based Society
The corporate hierarchy that has corrupted higher education is on public display at Berkeley. The wealthiest of the elite schools, such as Yale and Stanford, assign dormitories by lottery. They treat their students with a careful egalitarianism, expecting all to enter the elite. Berkeley and many other public universities, however, assign rooms
... See moreChris Hedges • Empire of Illusion: The End of Literacy and the Triumph of Spectacle
At the close of the twentieth century it appeared that the great ideological battles between fascism, communism, and liberalism had resulted in the overwhelming victory of liberalism. Democratic politics, human rights, and free-market capitalism seemed destined to conquer the entire world. But as usual, history took an unexpected turn, and after
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