April 2012
8 posts
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WatchWe do not want to be all negative in this blog. Already some time ago we showed why the Facebook IPO is good capitalism. Here another idea of a community driven website for hydroponic window farms which now starts to build in a shop. One of the biggest advantages of capitalism is the direct reward an inventor can get for his idea or new approach. This drives innovations like RnD-I-Y. Great Idea!
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Anonymous asked: I see all these problems with capitalism and stuff you point out (good job by the way), and being frustrated, I want to know how you propose we deal with it. Incidentally, I'm thinking of doing law in university. Any way to deal with these problems from that perspective?
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WatchThe good thing about America, that there is a lively debate about the tax system. Even though it has to happen on the most un-american news network: Al Jazeera.
The fundamental question being asked:
Do we really want a tax system that exacerbates income inequality?
The US has a long history of inequality and what we can see that Amercans can live with that, as long as there is equality in...
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Children of the revolution?
In the current issue of The Economist J.A. Frascino from New Jersey wrote an interesting letter. He sees the cultural revolution in the 1960s as a contributing factor to income inequality and financial crisis.
A commitment to one’s job, living within one’s means and saving for future needs were all deemed passé in the bosom of post-war affluence, and those values eventually morphed into...
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