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Rising Tides Sink All Cities
A rising tide lifts all boats… this is the collective bargain, the “social contract” so to speak, which justifies the world most of us live in today. That bargain is not only ending, but the very foundations on which it could be proposed are swiftly evaporating. A new report even questions whether humanity will survive…
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Letting Go of the Conquest of Nature- Why New Barons of Industry Won’t Save Us
How do you fix an economic crisis? It’s an interesting question. On its face, it seems like the thing we need to leave to seasoned economists, shrewd businesspeople and well-studied policymakers. Surely the advice of the IMF and the World Bank have guided many a country out of crisis, business-led decisionmaking has provided efficient outcomes,…
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State Functions and Taxation
The difference between a mafia state and a constructive state is what they do with taxes, whether collected in cash, kind, or labour. A mafia state uses their force to coerce the taxed populace into labour which enriches them further, with three main aims: The production of luxury goods The reproduction of elite sources of…