Wednesday, October 7, 2015

David F. Ruccio — Class and the Goldilocks principle


The elite prefer a smaller pie they control instead of a bigger pie that makes all better off.

Another reason that capitalism is antithetical to democracy.

Occasional Links & Commentary
Class and the Goldilocks principle
David F. Ruccio | Professor of Economics ,University of Notre Dame

5 comments:

Random said...

Wait wait I thought we lefties are in "The Politics of Envy." We hear this all the time in the UK.

Tom Hickey said...

Actually, the elite desire to create a politics of envy. The greater the envy, the more they feel successful and therefore superior.

There are two cardinal sins that all others can be reduced to — self-interest and self-importance.

This determines the level of individual consciousness and also the collective level of consciousness as evidences in culture and institutions, including governance.

In the final analysis the sole solution is raising the level of collective consciousness by raising the general level of individual consciousness.

Some world leaders actually get this, at least to some degree, and they are considered enemies by the US owing to it since the US as the bastion of immature liberalism is based on self-interest and self-importance.

Random said...

"The greater the envy, the more they feel successful and therefore superior."
Wouldn't it be better to have everyone admire you? The population and yourself would be a lot happier. "The elite" are a bit nuts IMV.

Tom Hickey said...

Under capitalism, the hero is the great accumulator. In Native American culture the hero is the great distributor.

Matt Franko said...

"distributor" > issue

"accumulator" > redeem

And some can see both ends (and dont forget the in between too....)