“Production is the sole end and purpose of all consumption.”
–Donald Trump (not in so many words)
“Production is the sole end and purpose of all consumption.”
–Donald Trump (not in so many words)
Recent
The problem of survival is never "solved," once and for all, with no further thought or motion required. More precisely, the problem of survival is solved, by recognizing that survival demands constant growth and creativeness.... Capitalism, by its nature, entails a...
"Nothing is more unpopular today than the free market economy, i.e., capitalism. Everything that is considered unsatisfactory in present-day conditions is charged to capitalism. The atheists make capitalism responsible for the survival of Christianity. But the papal...
Leaving aside the events that made the current monetary system possible, banknotes that are printed monopolistically (currency) by central banks have purchasing power and serve as a general medium of exchange (money) for billions of people around the world. Such...