Morning Jolt: How the Socialists and the Protectionists Understand Each Other

[Capitalism] encourages and requires fierce individualism, self-interested disregard for the other, and resentment of arrangements into which one deposits more than he or she withdraws. As a business-savvy friend once remarked: Nobody gets rich off of bilateral transactions where everybody knows what they're doing. Capitalism is an ideology that is far more encompassing than it admits, and one that turns every relationship into a calculable exchange. Bodies, time, energy, creativity, love — all become commodities to be priced and sold.

That's Elizabeth Breunig, writing in a newspaper owned by the richest man in the world, Jeff Bezos.

Really? "Nobody gets rich off of bilateral transactions where everybody knows what they're doing?" What exactly is Amazon, then? Is it somehow exploitative when you send money to Amazon and they send you things you want? Who's being exploited?

Is the corner store more or less ...

March 08 2018

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How the Socialists and the Protectionists Understand Each Other

Jim Geraghty

[Capitalism] encourages and requires fierce individualism, self-interested disregard for the other, and resentment of arrangements into which one deposits more than he or she withdraws. As a business-savvy friend once remarked: Nobody gets rich off of bilateral transactions where everybody knows what they're doing. Capitalism is an ideology that is far more encompassing than it admits, and one that turns every relationship into a calculable exchange. Bodies, time, energy, creativity, love — all become commodities to be priced and sold.

That's Elizabeth Breunig, writing in a newspaper owned by the richest man in the world, Jeff Bezos.

Really? "Nobody gets rich off of bilateral transactions where everybody knows what they're doing?" What exactly is Amazon, then? Is it somehow exploitative when you send money to Amazon and they send you things you want? Who's being exploited?

Is the corner store more or less ... Read More

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