Fossil Fuel Folly

What BP is really doing.

This is a cautionary post. It is not a cautionary tale, something made up to illustrate a point. Rather it is constructed out of information gleaned from public sources. Conventional wisdom holds that competition is the only and best way to provide abundance for all. Pursuit of profit results somehow […]

May 13th, 2010 | Category: Business in America, The American Empire, Twilight of Capitalism | Leave a comment

Aristotle vs. Wall Street

In his Introduction to a new translation of Aristotle’s Politics, published in 1912, William Ellis pointed out that:

The Greek doctrine that the essence of the state consists in community of purpose is the counterpart of the notion often held in modern times that the essence of the state is force. The existence of […]

May 2nd, 2010 | Category: The American Empire, Twilight of Capitalism | Leave a comment