The frequent claim that inequality promotes accumulation and growth does not get much support from history. On the contrary, great economic inequality has always been correlated with extreme concentration of political power, and that power has always been used to widen the income gaps through rent-seeking and rent-keeping, forces that demonstrably retard economic growth.
citation: "Measuring Ancient Inequality" (a paper)
The frequent claim that inequality promotes accumulation and growth does not get much support from history. On the contrary, great economic inequality has always been correlated with extreme concentration of political power, and that power has always been used to widen the income gaps through rent-seeking and rent-keeping, forces that demonstrably retard economic growth.
citation: "Measuring Ancient Inequality" (a paper)
A key part of any Utopian project should be to discuss widely and think deeply about the human natures we want to have and the ones we do not want to have, and to devise the kinds of social arrangements that will support and reward those characteristics.
A key part of any Utopian project should be to discuss widely and think deeply about the human natures we want to have and the ones we do not want to have, and to devise the kinds of social arrangements that will support and reward those characteristics.
(verb) to give a false impression of / (verb) to present an appearance not in agreement with / (verb) to show (something) to be false or wrong / (verb) to run counter to; contradict / (verb) disguise
The notion that computers demonstrate capitalism's creativity is finally belied by the computer's history.
The notion that computers demonstrate capitalism's creativity is finally belied by the computer's history.