Religion
Jesus' Teachings in the Four Gospels: Socialism vs. Capitalism
The Gospels present a consistent critique of wealth and a strong emphasis on caring for the poor, prioritizing human need and moral responsibility over accumulation.
capitalism
Sociology
Workers Don't Need Billionaires, But Billionaires Need Workers
Workers and non-billionaires build and sustain the economy. Billionaires usually gain wealth after success and rarely own entire companies. The workforce, not extreme wealth, is the true foundation of economic activity.
Sociology
Who Benefits in Downturns
When markets crash, the wealthy win. Billionaires buy assets at fire-sale prices while ordinary families cannot compete. Other folks' misfortune is their gain.
Sociology
We must always check power, and those who abuse it must face justice.
Unchecked power, in both capitalism and communism, leads to abuse. The solution is not an economic extreme, but a legal system in which no one is above the law, and all rulers face justice.
Sociology
The Real Adam Smith: Beyond "The Invisible Hand"
Adam Smith supported free markets but argued for government-funded education, progressive taxes, and regulation to protect the public from business conspiracies, a balanced vision often omitted.
society
Power and Class: How Ownership Shapes Control
This blog points out how wealth equals power by dividing society into three wealth-based classes. It also highlights how a small group controls work, rules, and opportunities.
Sociology
The Hidden Rule of Business: Why All Real Profit Comes from a "Monopoly"
Actual economic profit, which exceeds a normal return, stems from having some monopoly advantage. This could be a prime location, government protection, exclusive rights, or a strong brand. When profits persist, it usually indicates limited competition.
capitalism
Profitable Scarcity: How Capitalism Manufactures Shortages
Abstract Under capitalism, scarcity equals profit. Powerful companies use government to manufacture shortages, blocking competition to keep prices high and wages low. Why are medicines that people need to survive so expensive? Why don't more companies start selling them for less? And why is food so costly? A
capitalism
The Reserve Army of Labor and How Central Banks Shape the Job Market
How interest rates shape unemployment, worker power, and job security, and why Fed policy decisions affect families far beyond the banking system.
Life
Why Capitalism Rewards, Why Relationships Suffer
Our capitalist economy rewards five narcissistic traits that help people make money and gain status. But these same traits destroy intimate relationships and leave partners feeling alone.