We are living in the times of the populist nationalist challenge to the liberal order. This challenge comes in many forms, including reactionary and progressive ones – from Marine Le Pen’s Front National in France to Jobbik in Hungary, to Manuel López Obrador’s MORENA in Mexico… Read More ›
Karl Polanyi
Update (21 November 2022)
In keeping with the theme of yesterday’s post, I am planning to work on a post that is related to the topic. The Subtantivist-Formalist Debate bears the promising implication that Economics cannot be understood without their political contexts. Certain economic… Read More ›
The Work-Standard in the “Substantivist-Formalist Debate”
Is there a universal logic to Economics, a discipline related to Political Science? Is the overarching purpose of Economics the study of how humans make rational choices on the consumption and distribution of scarce resources? Or is it the study… Read More ›
Update (20 November 2022)
I had to figure out whether I should be posting something today or not. This is because I am currently delving into another topic related to the Work-Standard. If the theme of last week’s posts were technological and pertained to… Read More ›
Intellectual Property and the Federalist Fortune Wheel
“Neither Violence nor Power of the Purse fashion the Universe / Ethical Action, Spiritual Force may reshape the World’s Course” -Hjalmar Schacht, Confessions of the Old Wizard, ca. 1956 There is a famous American phrase in the English language that… Read More ›
Ernst Jünger’s Der Arbeiter (Pt. IV of VII)
Technology continues to be the defining characteristic of the Arbeiter. It is what enables the Arbeiter to revolutionize the world. The other key trait is the arts, particularly how certain artforms are created and what can be considered an artform… Read More ›
Compendium: Kapital and its Subversion of Culture
Kapital is capable of distorting perceptions, value-judgments and decision-making processes. Its effects have been studied by psychologists, sociologists, political scientists, military-industrial and labor relations scholars, anthropologists, and other non-economic and non-financial fields. All of them can be influenced by the… Read More ›
Compendium: Theories of Value (Pt. I of II)
Is the Value of a good or service determined by the value-judgments and attitudes of the beholder? Or is the Value not informed by anyone in particular and can be measured objectively? Assuming if the Value can be judged intrinsically,… Read More ›