Search Results for: wealth

I’ve been reading John Stuart Mill’s “On Liberty” and am reminded of the quintessential liberal definition of the term: The only freedom which deserves the name, is that of pursuing our own good in our own way, so long as we do not attempt to deprive others of theirs, or impede their efforts to obtain […]

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oligarchs in the 19th century

Some people like to argue that more economic inequality is a good thing, because it is a “natural” byproduct of capitalism in a world of “makers and takers,” “winners and losers,” “wolves and sheep,” [insert your favorite Manichaean metaphor here]. However, too much inequality is deleterious for both economics and politics — for with oligarchy […]

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Dictatorships generally do not foster, or even tolerate, the kind of creative disruption of the status quo necessary to the existence of a dynamic free market. Plus, the economy of the Russian state can best be described as a mafia state, or kleptocracy. Thus Vladimir Putin needs to find other ways to shore up both […]

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There’s something those of us in marginalized groups know instinctively, having lived lives long in opposition to a dizzying continuum of Absurd Moral Authority: from outright violence, to secretive “technical” manipulations of statutes designed to erode or remove rights, to vague and carefully unstated “wink wink nudge nudge” moments from individuals of authority who had […]

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