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Capital flow, the moving and swelling and shifting of value, is an emergent property of the interaction between humans and money. Wherever we find money, we find dynamics and properties of capital flow, or rather, how money moves. Where the concept of money is absent (as in historical pure-trade economies) there is no fundamental object of money to move, measure or analyze. So, while capital … Continue reading An Introduction to Capital Flow
Phishing—as defined by George A. Akerlof and Robert J. Shiller in their book Phishing for Phools: The Economics of Manipulation and Deception —happens when one economic participant, Party A, knowingly takes economic advantage of another participant, Party B, in a voluntary free market transaction that is specifically harmful to Party B’s financial best interest. Example: Party A sells cheap knockoffs at inflated prices online. Who … Continue reading Phishing for Phools
Simpletism can be defined as the conversion of complexity into more-rudimentary components so that a “simpler” version of parts may be understood in order to find fractured, partial understanding as representative of the greater whole. Simpletism is a largely unconscious activity which also crucially enables the less-intelligent among us to continue to “participate” in the conversation, since, quite seriously, the simple matter of contemporary existence … Continue reading About “Simpletism”
Let’s cut right to the chase: the reality of being an employee is not actually what it’s made out to seem like. Even the inclusion of the idea itself into any business model is the application of shackles to the company’s accounting and financial reporting, their distribution of earnings, the labor contributions from and benefits given to the employee, and the flexibility of the company … Continue reading Exploit-ees
Presented in the following section is a selection of qualities exhibited by the system of capitalism-as-usual. Since capital flow fundamentally emerges from human existence, it is only natural that its dynamics might express some life-like qualities, just as the observable effects of breathing express the presence of life in us. We breathe; our breathing permeates our internal systems and perpetuates our life; our continued life … Continue reading Capitalism’s Creature Compendium
LOPSIII 