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How will a carbon price build a network of electric-vehicle, fast-charging stations? Tesla only builds them in cherry-picked areas where it can rely on profits. Like a private bus company or an internet provider, Elon Musk won’t provide a service where that doesn’t make money. The market leaves the…

What is profitable is not always useful, and what is useful is not always profitable. Worse still, many things that undermine human flourishing or even threaten our existence remain profitable, and, without regulatory intervention, companies will continue to produce them.

This — the market’s pro…

The achievement of the market consensus was to produce a mental world in which alternatives to capitalism did not seem conceivable - much less attainable. The key, it seems, was to make the principle of rapacity and plunder into a new catechism for economic policymaking, and then to watch our cultu…

Criticism bearing our abrasive tone and uncompromising stance is sometimes derided as lowdown or (worse yet) easy. But the truth is, this kind of criticism is the hardest thing in the world to produce if you happen to live in a culture ruled by the dicta of positive thinking and dread of the existe…

[...] capital manipulates the immigration question. For if capital is no longer concerned with securing an immigration flow, it has every reason to exploit immigration as a source of division within the working class. It is not hypocrisy for Donald Trump to both provoke anti-immigrant sentiment whi…