53 Matching Annotations
  1. Last 7 days
    1. Unknown artist, "The Pyramid of Capitalist System", 1911, based on a Russian flyer circa 1900

      via Rabih Alameddine rabihalameddine.bsky.social at https://bsky.app/profile/rabihalameddine.bsky.social/post/3ld7mnwyvlc26

  2. Dec 2024
    1. we cannot create the so-called new without addressing the historical homes that have been created.

      for - example of - meme - we cannot know where we are going - unless we know where we are from - redressing colonial harm - in order to create a viable future - Post Capitalist Philanthropy - Alnoor Ladha - Lynn Murphy - 2023

    2. less than 5% of the world's population stewarding more than 80% of the world's biodiversity.

      for - stats - biodiversity stewardship - 5% of the world's population - stewarding 80% of the world's biodiversity - Post Capitalist Philanthropy - Alnoor Ladha - Lynn Murphy - 2023

    3. shift our ontological gaze

      for - meme - shift our ontological gaze - Post Capitalist Philanthropy - Alnoor Ladha - Lynn Murphy - 2023

    4. It's not a just a localist project. It's embedded within the guy intellectually, within this planetary. And by intellectually, what we mean is that Gaia herself as a living being, has her own will and her own agency, that through ontological shifts we can learn and practice to be in dialog with, to be in call and response with, to be in service to. And that requires a certain amount of humility and a move from materialism to animism, a move from rationalism to relational ism

      for - transition - from materialism to animism - from rationalism to relationalism - Post Capitalist Philanthropy - Alnoor Ladha - Lynn Murphy - 2023

    5. imagine that all these various biomes are feeding social ecologies in service to a different type of superstructure. The current superstructure we call neoliberalism or capitalist modernity, that thinking of it in a in a mycelial way, how do we create resilient bio, regional, sovereign communities that are not divided by artificial state lines,

      for - transition - from neoliberal divisions of nation states, provinces, states, cities - to bio-regional sovereignty not divided by artificial state lines - Post Capitalist Philanthropy - Alnoor Ladha - Lynn Murphy - 2023

    6. also what it requires is to recast the individual as a non individual

      for - adjacency - post Capitalist spiral - 5 Element Mandala - the individual as non-individual - Michael Levin's - Multi-Scale Competency Architecture - Post Capitalist Philanthropy - Alnoor Ladha - Lynn Murphy - 2023 - Stop Reset Go - Deep Humanity - Individual / Collective Gestalt

    7. I want to get into the Five Elements Mandala

      for - definition - spiral of the - 5 Elements Mandala - Post Capitalist Philanthropy Webinar 1 - Alnoor Ladha - Lynn Murphy - 2023 - need to move - from linear pyramid, neoliberal logic - to trends logic - multi-dimensional - reflexive - feedbacks - intertwingled - need to know what you stand for and - what you stand against ( the dominant neoliberal culture)

    8. a historical amnesi

      for - definition - ahistorical amnesia - plagues philanthropy - Post Capitalist Philanthropy Webinar 1 - Alnoor Ladha - Lynn Murphy - 2023

    9. I'm sitting here perceiving whether I'm a separate self from Al-Nour from this table, from this computer screen. Am I actually seeing this as a relational fabric or am I thing a find to assert my domination over in any given moment?

      for - application - Deep Humanity BEing Journey - onto shift - ontological shift - Post Capitalist Philanthropy Webinar 1 - Alnoor Ladha - Lynn Murphy - 2023

    10. what we set up is not a binary of here is one side of it and here is the other. But we call this a continuum of auto shifts continuum

      for - definition - continuum of onto shift - back and forth, iterative, non-binary - Post Capitalist Philanthropy - Alnoor Ladha - Lynn Murphy - 2023 - definition - thingify - Post Capitalist Philanthropy - Alnoor Ladha - Lynn Murphy - 2023 - adjacency - onto shift - example - perception - Deep Humanity - BEing journey - Post Capitalist Philanthropy - Alnoor Ladha - Lynn Murphy - 2023

      adjacency - onto shift - example - perception - Deep Humanity - BEing journey - Post Capitalist Philanthropy - Alnoor Ladha - Lynn Murphy - 2023 - These onto shifts would be an excellent exercise for Deep Humanity BEing journeys

    11. And for for someone like me who was born in this in the country of the US, who came into life as a white presenting woman, it is the work of my life to entirely and utterly work to dismantle oppressive systems simultaneously while I'm actually working to shift my consciousness about how I respond

      for - key insight - challenging ourselves for authentic, transformative change - inner and outer work to dismantle oppressive, entrenched systems - Post Capitalist Philanthropy Webinar 1 - Alnoor Ladha - Lynn Murphy - 2023

    12. this what Alnoor just put out was a graphical representation of what is it for us to go from these pyramid logics, this dominant system, and start to shift our gaze into what we will talk about as as spiral logic, as trans logic is other ways where we set first and foremost, not just saying that it's the work of philosophers and mystics and others to sit with these first principle questions, questions of ontology. But indeed, it's the responsibility of all of us who are taking full responsibility for what it means to be alive in these times, for how do we see how do we know what we know? How do we think about what we know that we know? How do we behave in accordance to what we see and what we know? And what is our set of ethics that goes along with that.

      for - ontological shift - from totalizing neoliberalism - to spiral logic - Post Capitalist Philanthropy Webinar 1 - Alnoor Ladha - Lynn Murphy - 2023 - adjacency - ontological shift - Deep Humanity - asking these fundamental questions - Post Capitalist Philanthropy Webinar 1 - Alnoor Ladha - Lynn Murphy - 2023

    13. it was so hard to get outside of the project of neoliberalism that we couldn't actually see what was possible in that Horizon three construct. So for us, we started to look at we need a just transition, plus an entire shift of ontology, ethical, epistemological, what we shorthand call auto shifts or ontological shifts

      for - definition - ontological shift - Post Capitalist Philanthropy Webinar 1 - Alnoor Ladha - Lynn Murphy - 2023 - adjacency - Deep Humanity - can provide new vocabulary and ideas to support - the horizon 3 - ontological shift - Post Capitalist Philanthropy Webinar 1 - Alnoor Ladha - Lynn Murphy - 2023

      adjacency - between - ontological shift to reach horizon 3 - Deep Humanity - adjacency relationship - Deep Humanity may offer a new language and vocabulary for this Horizon 3 shift ontology

    14. We also simultaneously started to notice that there was efforts going on in the way that we even talk about and perceive well itself. So how do we broaden our understanding of wealth? And we had a wonderful sets of conversations. But Todd James, who said that if we imagine that capital is like energy and it wants to flow like water, water will move to the lowest places that the capital wants to flow. And anything that is not flowing is a continuation of the colonial project.

      for - quote - Flow of wealth to the lowest place - Colonial project stops flow to the lowest place - Todd James - Post Capitalist Philanthropy Webinar 1 - Alnoor Ladha - Lynn Murphy - 2023

    15. we kept looking at the a couple of assumptions and it was assuming almost a linear journey of we're going to take the power and the money from the elites and we're going to put it in the hands of the community and the peoples and what we know throughout history is many different social movements over the past hundreds of years have endeavored to make that shift. But unless we actually get down into the deeper thought forms that underlie power and domination themselves, we're not actually in a cold, liberatory kind of framework

      for - quote / key insight - must interrogate the deeper thought patterns else - we risk repeating simplistic linear transition social movements that have failed over the past centuries - Post Capitalist Philanthropy Webinar 1 - Alnoor Ladha - Lynn Murphy - 2023

    16. Bill Sharp, and it's called the Three Horizon Framework

      for - definition - Three Horizon Framework - developed by Bill Sharp - Post Capitalist Philanthropy Webinar 1 - Alnoor Ladha - Lynn Murphy - 2023 - example - Three Horizon Framework

      example - Three Horizon Framework - horizon 1 - carbon credits - carbon capture - green new deal - green growth - reforming democracy - more humane capitalism - horizon 2 - equity and justice - decolonization - transition pathways to disrupt ideologies - formative stage - ontological - still operating in frame of modernity - still operating in material realm - horizon 3 - new ways of being, living seeing, worldviews - dearth of imagination

    17. there is a growing set of people, groups, endeavors that are really recognizing this neoliberal operating system that we're working within. And they have many different ways that they're going about this. It's a growing movement, and for our purposes here, we kind of refer to this as the just transition movement

      for - definition - just transition movement - Post Capitalist Philanthropy Webinar 1 - Alnoor Ladha - Lynn Murphy - 2023

    18. we just included some of the artwork from the book. This is by Patrick Cruz was a mexican artist, activist, organizer and he's just riffing on this term that we use in the book, which is re characterizing, you know, the Anthropocene or the color Yuga. This period we're in as the age of consequence.

      for - Mexican artist Patrick Cruz - redefining - anthropocene - to age of consequence - Post Capitalist Philanthropy Webinar 1 - Alnoor Ladha - Lynn Murphy

    19. There's not necessarily a process by which that communities decide who comes in or countries decide who comes in to work on these problems that have been decided outside.

      for - key insight - Philanthropies have decided on the outside, which communities and which problems need to be solved - Post Capitalist Philanthropy Webinar 1 - Alnoor Ladha - Lynn Murphy - 2023

      comment - So true! Who hasn't experienced the NGO coming into the community with a know-it-all attitude and already decided who will receive what funds for what project. It's all decided ahead of time then offered! - We don't want to fall into the same trap!

    20. as individuals, we're replicators of neoliberalism. Not just intellectually, cognitively, medically, but semantically our physical bodies. We have given somatic real estate to aspects of neoliberalism.

      for - key insight - as individuals, we promote neoliberalism - via entrenched and unconscious colonialism - Post Capitalist Philanthropy Webinar 1 - Alnoor Ladha - Lynn Murphy - 2023 - deep entrenchment and entrainment of neolieralism in our bodies - Post Capitalist Philanthropy Webinar 1 - Alnoor Ladha - Lynn Murphy - 2023

      comment - The depth of entrainment of neoliberalism in our bodies is very pronounced - This is why it is so difficult to make adhoc change because it faces so much opposition emerging from the unconscious

    21. Lynne and I interviewed a couple of people who had come into huge amounts of wealth, and we're just setting up their their philanthropy. And they would they would be very optimistic at first. They would have these huge sort of ranges of potential of what they believe they could achieve. And then we would talk to them six months later or a year later,

      for - key insight - severe limits of philanthropy - abiding by neoliberal logic severely constrains them - Post Capitalist Philanthropy Webinar 1 - Alnoor Ladha - Lynn Murphy - 2023

    22. these things are not externalities that the existing system can figure out, but they are the logical outcomes of the existing system. And so any lens we use to say, well, technology will save the day. Well, technology is an extension and an externality of neoliberal capitalism

      for - progress traps - science - technology - neoliberalism - Post Capitalist Philanthropy Webinar 1 - Alnoor Ladha - Lynn Murphy - 2023

      progress traps - science - technology - neoliberalism - Post Capitalist Philanthropy Webinar 1 - Alnoor Ladha - Lynn Murphy - 2023 - It is with progress that the modernity shaped by centuries of scaled-out industrial,scientific and technological innovation has created all our crisis. - It is absurd to say that science, technology and industrialization did not play a major role in the creation of all the crisis of modernity - If science, technology and industry inherently embed separation, how do we use it in a meaningful way that doesn't lead to another progress trap? - What are the motives of those who fund technology?

    23. neoliberalism and its predecessors of industrial capitalism and even proto capitalism were based on separation from the natural world. And and we can we call it sort of separation or dualism

      for - key insight - neoliberalism and industrial capitalism were based on Descarte and our separation from the natural world - Post Capitalist Philanthropy Webinar 1 - Alnoor Ladha - Lynn Murphy - 2023 - adjacency - materialism, science and neoliberalism - will technology save us? - Post Capitalist Philanthropy Webinar 1 - Alnoor Ladha - Lynn Murphy - 2023 - to - The Three Great Separations

      key insight / summary - neoliberalism and industrial capitalism were based on Descarte and our separation from the natural world - Post Capitalist Philanthropy Webinar 1 - Alnoor Ladha - Lynn Murphy - 2023 - FIrst, Descarte separated the mind from the body. We have the paradox of: - godlike mind housed in - animalistic bodies - (incidentally, this sets us up for the exageration of the existential crisis of the denial of death in modernity - Ernest Becker) - Then we impose separation of external vs internal world - Then, we have separate categories of mind and nature, and we begin othering of: - women - other (indigenous) cultures - What Alnoor and Lynn forgot to mention was that there is another separation that preceded the industrial revolution, the separation of people into distinct classes of: - producer - consumer - Then with the advance of Newtonian physics and the wild success of materialist theory applied to create a plethora of industrial technologies, a wedding occurred between: - dualism and - materialism - Materialism decomposes everything into subatomic particles that a rational mind can understand - To those who think science and technology can save us from the crisis it helped create - the deeper understanding reveals that science and technology are themselves agents of separation.

      to - See the three great separations - https://hyp.is/go?url=https%3A%2F%2Finthesetimes.com%2Farticle%2Findustrial-agricultural-revolution-planet-earth-david-korten&group=world

    24. when we analyzed the the dominant cultural operating system, because there's more than a political economy, it's a it's a, as we've said, a totalizing operating system. And we're going to call it neoliberalism

      for - definition - neoliberalism - as the name of the dominant, totalizing, cultural operating system of modernity - Post Capitalist Philanthropy Webinar 1 - Alnoor Ladha - Lynn Murphy - 2023 - summary - neoliberalism - as the name of the dominant, totalizing, cultural operating system of modernity - Post Capitalist Philanthropy Webinar 1 - Alnoor Ladha - Lynn Murphy - 2023 definition - neoliberalism - as the name of the dominant, totalizing, cultural operating system of modernity - Post Capitalist Philanthropy Webinar 1 - Alnoor Ladha - Lynn Murphy - 2023 - Neoliberalism is a totalizing, cultural operating system for modernity - It is all of these things: - a political philosophy - an economic practice - a cosmology - a wordview - an ontology - a theocracy - a religious worldview based on faith - Most of the dogmas of neoliberalism have been proven to be false, and yet it is still taught in most institutions of higher education summary - Some of the premises of neoliberalism are: - 1. humans are homo economicus - our chief concern is our selves and NOT others - Enlightenment theories - Scientism - Evolutionary theory - All our systems are designed on this false premise - 2. Hierarchy is inevitable and necessary for order. Without it, we would revert to beasts - The system embeds - Patriarchism - White Supremacy - Gender inequality - 3. The individual is the primary unit of power - together with 1) and 2), it creates inherent competition - 4. Material wealth and power is the measure of wellbeing - If you have money, you are considered a success, otherwise, you are considered a moral failure

    25. this webinar series is a is a space where we really want to be in this collective sense, making together at this critical crossroads.

      for - objective - of webinar - collective sensemaking - Post Capitalist Philanthropy Webinar 1 - Alnoor Ladha - Lynn Murphy - 2023

    26. we can't talk about social change unless we have a conversation about philanthropy, which is the upstream driver of who's doing what. Who's getting paid for social change work? How are they funded? Who's working for that organization, the efficacy of that organization, etc., etc..

      for - adjacency - philanthropy is the upstream driver of - social change - Post Capitalist Philanthropy Webinar 1 - Alnoor Ladha - Lynn Murphy - 2023

    27. philanthropy, if we take it as a sector or an industry or as a biome, as we say in the book, it's a massive, massive sector. It's about $2.2 trillion. So it's equivalent to the GDP of Canada, a G7 country. It would be one of the top ten, maybe top eight industries in the world. And it's completely excluded, very little transparency, labyrinth rules and systems, opaque and almost no public discourse about it.

      for - stats - philanthropy - possibly the world's 8th largest industry - with little transparency - Post Capitalist Philanthropy Webinar 1 - Alnoor Ladha - Lynn Murphy - 2023

    28. philanthropy is in some ways the the most symbolic externalization of neoliberal capitalism. Some people have amassed huge amounts of wealth through a rigged game of extraction and destruction of life. And then it's also presented back to us as an alternative to capitalism that somehow philanthropy can solve the problems that capital created in the first place. And in many ways, that is the fundamental paradox and the absurdity of modern philanthropy.

      for - paradox - of philanthropy - People who amass huge fortunes through a lifetime of extracting from nature, people and destroying the fabric of life - present philanthropy as a way to atone for their own sins - Post Capitalist Philanthropy Webinar 1 - Alnoor Ladha - Lynn Murphy - 2023

    29. we're really invoking a call for philanthropy to be in the liberation of capital in a way that can support transition pathways. What we refer to as transition pathways is other ways of being and knowing that are in co-creative relationship with life itself.

      for - key objective - of Post Capitalist Philanthropy - call for philanthropy to be in the liberation of capital in a way that supports transition pathways - to explore other ways of being and knowing that are in co-creative relationship with life itself - Post Capitalist Philanthropy Webinar 1 - Alnoor Ladha - Lynn Murphy - 2023

    30. there's a line in this in the book that says, if you do not have a critique of capitalist modernity, you are contextually irrelevant. But if all you have is a critique, you are spiritually incredibly impoverished.

      for - quote - from book - If you do not have a critique of capitalist modernity, you are contextually irrelevant - but if all you have is a critique, you are spiritually incredibly impoverished - Post Capitalist Philanthropy Webinar 1 - Alnoor Ladha - Lynn Murphy - 2023

    31. we're using post in the way postmodernists use post, which is it's informed by modernism, it's informed by capitalism without being able to transcend it necessarily because capitalism and it's the most recent incarnation of capitalism, which is neoliberalism, is like the oxygen that we breathe. It's all encompassing. It's totalitarian in its nature. And it's pervasive. And so in that sense, we say we have to be informed by the logic of the dominant system.

      for - key point - Post Capitalist - informed by the logic of the dominant system - but not necessarily try to transcend it because it is so ubiquitous - Post Capitalist Philanthropy - Alnoor Ladha - Lynn Murphy - 2023

      key point - Post Capitalist - informed by the logic of the dominant system - but not necessarily try to transcend it because it is so ubiquitous - Post Capitalist Philanthropy - Alnoor Ladha - Lynn Murphy - 2023 - It is so ubiquitous, like the air we breath - all encompassing - totalitarian - pervasive

    32. the onus is for many of us in the occidental mind and the Western tradition to find what it is to excavate what it is about capitalism that lives in our very minds and our bodies and our our ways of working. And to find another way that is possible.

      for - key points - excavate and replace engrained capitalist worldviews and behaviors and replace with healthier alternatives - Post Capitalist Philanthropy Webinar 1 - Alnoor Ladha - Lynn Murphy - 2023

      key points - excavate and replace engrained capitalist worldviews and behaviors and replace with healthier alternatives - Post Capitalist Philanthropy Webinar 1 - Alnoor Ladha - Lynn Murphy - 2023 - For those of western tradition, - find out what deeply engrained capitalist habits must we excavate in our - minds, - bodies, - worldviews, - behaviors, - hearts (feelings) and - ways of being - and replace them with healthier alternatives

    33. let's start with host capitalism and recognize that the way that we're using this is not as simple linearity of a transition out of an old system into a new system. We're using it in a way as a conceptual container to hold multiple values and ways of being and knowing that are rooted in reciprocity, solidarity, compassion, empathy, reverence for life.

      for - summary - explaining the paradox of Post Capitalist Philanthropy - a conceptual container - Post Capitalist Philanthropy Webinar 1 - Alnoor Ladha - Lynn Murphy - 2023

      summary - explaining the paradox of Post Capitalist Philanthropy - a conceptual container - Using this idea of Post Capitalist Philanthropy not as a simple linear vehicle for transition from old to new system - It is a conceptual container that holds multiple values and ways of being, including: - reciprocity - solidarity - compassion - reverence for life - Recognition of transitioning out of a system that is about: - extractionism - commodification of - humans - nature - our relationships - domination - exploitation - What does an alternative way of being look like?

    34. perhaps the ultimate paradox that this entire inquiry is the ground is the paradox of host capitalism and post-capitalist philanthropy itself

      for - second and ultimate paradox - Post Capitalist Philanthropy itself - paradoxes - Post Capitalist Philanthropy Webinar 1 - Alnoor Ladna - Lynn Murphy - 2023

    35. the first one is the paradox of pronouncement. And here we recognize that language is both incredibly useful for us and is evocative and helps us create and and see and be in this reciprocal exchange. And we also are trying to open to a non dual embodied cognition that is beyond the written word and beyond the hegemony of the written word, and indeed the hegemony of the English written word

      for - paradoxes - first one - pronouncement - the written word - evocative - but also hegemonic - especially the English language - there are other oral traditions - try to open nondual embodied cognition using English - Post Capitalist Philanthropy Webinar 1 - Alnoor Ladna - Lynn Murphy - 2023

    36. we are all still performers of the dominant culture

      for - quote - power of language - Alnoor Ladha - Lynn Murphy - Post Capitalist Philanthropy Webinar 1 - 2023

      quote - power of language - Alnoor Ladha - Lynn Murphy - Post Capitalist Philanthropy Webinar 1 - 2023 - (see below) - We are still performers of the dominant culture

    37. May this webinar serve the healing of all beings, including the fallen deity of money and its offspring, the shadow and alabi of philanthropy. May the colonized mind and body be liberated, including our own.

      for - quote - webinar prayer - Post Capitalist Philanthropy Webinar - Alnoor Ladha - Lynn Murphy - 2024

      quote - webinar prayer - Post Capitalist Philanthropy Webinar - Alnoor Ladha - Lynn Murphy - 2024 - May this webinar serve the healing of all beings, - including the - fallen deity of money and - its offspring, the shadow and alabi of philanthropy. - May the - colonized mind and - body - be liberated, including our own.

    38. for - youtube - Post Capitalist Philanthropy Webinar 1 - Alnoor Ladha - Culture Hack Labs - Lynn Murphy - 2023

      summary - to visit the annotated transcription of this video, please goto: - https://via.hypothes.is/https://www.youtube.com/watch?v=dk6F4IlEbAk - funding bottom-up, transition work in the polycrisis - Alnoor Ladha - Lynn Murphy

    39. capitalist philanthropy and the subtitle of Healing Wealth in Time of Collapse

      for - webinar - Capitalist Philanthropy - Healing Wealth in Time of Collapse - Alnoor Ladha - Lynn Murphy

      comment - perhaps Stop Reset Go project - Wealth2Wellth is aligned?

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  3. Aug 2024
  4. May 2024
  5. Oct 2023
    1. strikes and riots
    2. social structure was complicated.
    3. book printing, and popular works of entertainment were becoming more widespread.
    4. Golden Lotus, one of China's greatest novels, explores themes of greed and selfishness within elite family life

      self-awareness about capitalism and wealth suggests that it was a long-standing part of Chinese society

    5. vibrant cultural scene
  6. Aug 2023
    1. I’m going to start with the U.S.; technology in the U.S. is caught up in American late-stage (or financialized) capitalism where profitability isn’t the goal; perpetual return on investment is. Given this, the tools that we’re seeing developed by corporations reinforce capitalist agendas.
      • for: corporate power, technology - capitalism, capitalism - exploitation, Danah Boyd, progress trap
      • paraphrase
      • quote
        • technology in the U.S. is caught up in American late-stage (or financialized) capitalism
          • where profitability isn’t the goal;
          • perpetual return on investment is.
        • Given this, the tools that we’re seeing developed by corporations
        • reinforce capitalist agendas.
        • Innovation will require pushing past this capitalist infrastructure to achieve the social benefits and civic innovation that will work in the United States.
        • China is a whole other ball of wax.
        • If you want to go there, follow up with me. But pay attention to Taobao centers.
        • We haven’t hit peak awful yet.
        • I have every confidence that social and civic innovation can be beneficial in the long run
          • with a caveat that I think that climate change dynamics might ruin all of that
        • but no matter what, I don’t think we’re going to see significant positive change by 2030.
        • I think things are going to get much worse before they start to get better.
        • I should also note that I don’t think that many players have taken responsibility for what’s unfolding. -Yes, tech companies are starting to see that things might be a problem,
          • but that’s only on the surface. -News media does not at all acknowledge its role in amplifying discord,
          • or its financialized dynamics.
        • The major financiers of this economy don’t take any responsibility for what’s unfolding. Etc.
      • author: Dana Boyd
        • principal researcher, Microsoft Research
        • founder, Data & Society
  7. Nov 2022
    1. Samuel Bowles and Herbert Gintis intheir classic Schooling in Capitalist America

      Bowles and Gintis apparently make an argument in Schooling in Capitalist America that changes in education in the late 1800s/early 1900s served the ends of capitalists rather than the people.

  8. Feb 2022
    1. at the very outset a sense of how the elements or “moments” (as Marx prefers to call them) of the capitalist economic system, such as production, labour, wages, profit, consumption, exchange, realization and distribution

      At the onset, if possible - - it would be preferable to have a clear understanding of what and how Marx would define the following three terms: 1. What is capital? 2. What is capitalism? 3. What is a capitalist economic system?

      The list of eight (8) elements or "moments" combined with the phrase "totality of what capital is all about". appears to be somewhat confusing. Did you mean to say what "capitalism is all about"? Or, does "capital" consists of a list of "things" as well as (at least one) process?

      And, are these 8 items all part of one single process - - called "capital" which is then transformed into different elements or "moments" as it circulates? Or, are there 8 separate interrelated processes?

  9. Feb 2021
    1. 21st Century Economics (USA)

      Economic Theory of a Market Economy, Characteristics, Pros, and Cons

      Americans and the World believe or want to believe that the United States is built upon a Market Economy.

      Historical context validates a classic Market Economy theory as directed by our Founding Fathers and Constitution. We clearly do not have a pure Market Economy today (2021).

      • To Big to Fail - (Bailouts)
      • Farm Subsidies
      • Political Influence (money, lobbying, tenure)
      • Government Agencies
      • Military/Industrial Complex
      • Federal Reserve (Central Banking)
      • Social Security
      • Medicare
      • Other

      Most Americans lump (through education) the concept of economics and government together, into 3 basic categories; Capitalism, Socialism and Communism.

      The U.S. is a Capitalist Nation with a corresponding market economy.

      Is this statement Fact or Hypothesis ?

      Can we still rely on textbook economic models in the 21st Century?