capitalism

How Corporate Law Inhibits Social Responsibility

I realized that the many social ills created by corporations stem directly from corporate law. It dawned on me that the law, in its current form, actually inhibits executives and corporations from being socially responsible. So in June 2000 I quit my job and decided to devote the next phase of my life to making people aware of this problem. My goal is to build consensus to change the law so it encourages good corporate citizenship, rather than inhibiting it. // Section 716 dedicates the corporation to the pursuit of its own self-interest (and equates corporate self-interest with shareholder self-interest).

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Jacob Fugger - Wikipedia, the free encyclopedia

He was well-known throughout Europe, and used his eventual fortune to lend money to its rulers. Fugger often provided mercenary armies with monetary resources so they could wage war against one another.

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P2P Foundation » Blog Archive » There is no alternative but the alternatives: replacing anti-capitalism by post-capitalism

Post-capitalism though is different. It is already profoundly convinced that the system of capital is dying, because it knows that an infinite growth machine is a logical and physical impossibility in a finite worth that is now seriously subject to biospheric destruction. But it also knows that empty radical stances are powerless. And it knows from the record of history, that whenever new hyperproductive alternatives of value production occured, as it now does with peer production, governance and property, they were at first used by the previously dominant but dying core system, before replacing it. So, we essentially do not worry that forces of capital use open, participative, and commons oriented modalities to strengthen themselves, because by doing so they actually strengthen the post-capitalist alternatives.

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De l'Europe, de la crise grecque et des spéculateurs

"La réponse est simple : en économie libérale, ce sont les marchés qui ont toujours raison." " On s’intéressera toutefois à la lecture des prévisions de l’OCDE, pour laquelle la situation grecque n’est pas la pire envisageable pour l’avenir. En effet, si rien n’est fait sur le plan des dépenses et des recettes comme sur les retraites, les dettes atteindront des sommets himalayens d’ici à 2020. 300 % du PIB au Japon, 200 % en Grande-Bretagne et « seulement 150 % pour la Belgique, la Grèce, la France, l’Italie et les États-Unis »." // note: marches? qui les controle, selon quel dynamiques, suivant quels interets?

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Variant issue 37 | The Tyranny of Rent

As Shelter argue: we wouldn’t accept these price rises with anything else, so why accept them in housing? Eliot M. Trettter’s article ‘The Cultures of Capitalism: Glasgow and the Monopoly of Culture’ (Antipode: 2009) goes some way to answering how we got to this abject position.

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Social Innovation Network » The „Great Transformation“ to „Great Cooperation“. Commons, Market, Capital and the State

in his much cited article, Hardin did not treat commons, but open access-resources, whose use is not regulated at all. In doing this, he ignored – which is often referred to in the debate – that commons can never be treated in isolation from a specific community which is related to them. The use of commons is always regulated, members of corresponding communities never act according to the utility maximizing homo oeconomicus of neoclassical economic theory. // In fact, commons are in a contradictory relation to capital. While on the one hand, the enclosure of the commons, primarily of open fields, is a historical precondition of the capital relation, i.e. wage labor (Marx, „Capital“, Vol. 1), capital on the other hand equally depends on the reproduction of the resources on which its production is based in the form of commons and forms of commoning that do not function according to the logic of capital and its valorisation.

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OnTheCommons.org » Want to Buy a Bridge Cheap?

the long-term consequences are far more disturbing. As Wedel argues, deals like the one in Chicago go well beyond simple government contracting. Private interests are increasingly eating up not just public assets or functions, but also the public power that comes with those assets, power to make policy in a way that good government demands: with transparency, accountability and with the interest of the public front and center. With each lease signed, pieces of official government disappear, as does your right as a taxpaying citizen to control what should be part of the public sphere, now and well into the future. // In resisting a seemingly easy fix, they’ll preserve for future generations the power to chart their own course, and protect the public interest without the distorting incentives that come from private control.

See original: Del.icio.us OnTheCommons.org » Want to Buy a Bridge Cheap?