Tag Archives: libertarians

Concentrated

  Amazon’s takeover of Whole Foods has raised alarms about economic concentration. No corporation epitomizes monopoly better than Amazon, who’s business model is predicated on losing money with their super-low prices in order to capture market share. Their dominant position then … Continue reading

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Class-Warfare

The free-market economic policy our leaders have chosen for us–neoliberalism–requires coercion to make people participate. Enforcing market obedience is something I’ve written about at CK before. It’s also one of the salient points made about early capitalism in Karl Polanyi’s masterpiece, The … Continue reading

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Blood On Their Hands

Republicans who voted to cut funding to Amtrak in the wake of the fatal crash have blood on their hands. These types of train crashes happen because cuts to funding translate into cuts to maintenance, leading to accidents that kill … Continue reading

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Hearts and Minds

At a party the other day a male relative repeated a familiar sentiment–“Government is the problem. We don’t need any government except the military.” Everyone around him kind of nodded and the party continued. Meanwhile, I wanted to bang my … Continue reading

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Externalities

Powerful US corporations socialize the costs of doing business and privatize the profits. In economic speak, this socialization of costs is described as an externality. If such things as exploitation of labor, income inequality, and environmental destruction were forced to be … Continue reading

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