Day: October 5, 2011

One reason that radical capitalism has won the hearts of so many is that it is highly plausible; it sounds great. A world of abstract morality where the anonymous ‘market’ expertly and without pity, favoritism or error decides the ultimate value of goods and services and delivers those goods and services with maximum efficiency, the highest good. A world where shared ownership shifts corporate responsibility to a plebiscite to which the corporation answers; the interests of the shareholders will echo the interests of humanity. A world where capital flows continuously from the corporate class back to the entrepreneurial class, endlessly cycling value into new innovations that serve humanity. Continue reading “The Mythology of Radical Capitalism”