[...] Peter Buffett (Warren's son) recently published a New York Times op-ed in which he explained Philanthropic Colonialism:
Inside any important philanthropy meeting, you witness heads of state meeting with investment managers and corporate leaders. All are searching for answers with their…
[...] Today's global capitalism brings the relationship of debtor/creditor to its extreme and simultaneously undermines it: debt becomes an openly ridiculous excess. We thus enter the domain of obscenity: when a credit is accorded, the debtor is not even expected to return it--debt is directly trea…
In this way, the ultimate triumph of capitalism comes about when each worker becomes his or her own capitalist, the 'entrepreneur-of-the-self' who decides how much to invest in his or her own future (education, health and so forth), paying for these investments by becoming indebted. What were forma…
[...] the capitalist system is ready to make considerable concessions to the workers and the poor only if there is a serious threat of an alternative, of a different mode of production which promises workers their rights. To retain its legitimacy, capitalism has to demonstrate how it works better e…