27 June, 2016
Futures Markets and the Absurdity of Capitalism
Capitalism is often celebrated by its supporters as the only economic system that can really deliver the goods, the only way of arranging our economic activity that has or that can lift mankind out of its supposedly otherwise inevitable poverty. And it is the case, one must admit, that capitalism does act as a remarkable spur to the manufacture of stuff, all kinds of stuff, sometimes useful, but just as equally useless or even harmful - anything, in fact, that the producer thinks can be marketed. But production of goods, even useless goods, is not the hallmark of capitalism. Rather capitalism, understood as the separation of ownership and work, has as its unique attribute not production, but selling, even, as we are about to see, selling of things that really do not exist.
16 June, 2016
01 June, 2016
Apologies for the absence of new articles
This has been a rough year so far. Once one thing has passed, another has risen in its place.
I am working to get back on track and start publishing articles as soon as I can.
As always, thank you for your support and for sharing Distributism with others.
David W. Cooney
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