Verily I Say Unto Thee... archive
Tag : capitalism

Wealth And Income Inequality: What Are We Really Talking About?

Wealth inequality in Europe and the U.S., 1810-2010 (Source — .pdf, 1.2MB) The more I learn about wealth and income inequality, the more I realize I didn’t know — and still don’t know — and the more it’s obvious that many other people don’t know. Rampant confusion reigns. In my observation, most laypersons don’t understand[…]

Rethinking ‘Redistribution Of Wealth’

Money (Copyright © 2006 by Wil C. Fry.) We see the phrase “redistribution of wealth” tossed into the political discourse. We’re supposed to assume it’s a bad thing. A few years ago, I began to wonder why. Here, I attempt to define it. All links to definitions are from the Oxford English Dictionary (U.S. version).

How I Lost Faith In The Free Market (short version)

(This is the short version. Click here to read the long version, complete with illustrations, dozens of links, and a lot more words.) Though I grew up believing in free market capitalism, I’m not such a big fan now. Though the “supply and demand” principle is difficult to refute, the market itself doesn’t always have[…]

How I Lost Faith In The Free Market (long version)

(This is the long version. Click here to read the short version.) Money (Copyright © 2005 by Wil C. Fry.) Probably like many youngsters in the U.S., I grew up hearing adults extol the virtues of the “free market” and “capitalism” — I’m now convinced this was in reaction to our sworn enemies, the Communists.[…]

Book Review: 23 Things They Don’t Tell You About Capitalism (Chang, 2010)

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Published on: 2013.12.18

Title: 23 Things They Don’t Tell You About Capitalism Author: Ha-Joon Chang Year: 2010 Publisher: Bloomsbury Press ISBN 9781608193387 View it on Amazon View it on Google Books Wikipedia article on Ha-Joon Chang Author Ha-Joon Chang (ranked as one of the world’s Top Thinkers by Prospect Magazine), perhaps more well known for his 2002 book[…]

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