Although entrepreneurial success is usually attributed to astute financial management in the growth of economic capital, entrepreneurs may also utilize additional sources of inner guidance, creating both tangible and intangible value. This article framed one such source as spiritual capitalism, the juxtaposition of personal spirituality and marketplace dynamics. The soul's currency, or love, is characterized as a manifestation of flow in the entrepreneurial start-up process, which elicits spiritual congruence, harmonious relationships and personal fulfilment. Personal experiences as a Wall Street investment (...) banker and entrepreneur are discussed in exploring methods of leveraging inner guidance and appropriately pursuing material abundance. Participants discussed the demarcation between traditional and spiritual entrepreneurship, and exercises demonstrated how to: identify and value spiritual assets, create spiritual capital, mitigate inhibitors to flow, and harness inner guidance. (shrink)

The last twenty years have been characterised by a significant shift inattitudes towards enterprise, entrepreneurship and small business.However though valued, entrepreneurs and small businesses are underincreasing pressure to be mindful of the social and moral implicationsof their activities. These developments have given the question ofbusiness ethics a central place in organisational research. Much of thisattention has been directed at the large organisation, despite the factthat the majority of businesses are small firms.A significant amount of the research in the area (...) of business ethicsis prescriptive in orientation with an underlying assumption thatenterprise and ethics are mutually exclusive, with a key aim being tobring them together. In looking at the question of ethics and enterprise(understood here as small business activity) this paper will argue thata prescriptive approach should be avoided and an alternative will beoutlined. With reference to the concept of Lebensfuhrung,translated in Weber''s The Protestant Ethic and the Spirit ofCapitalism as the "manner of leading one''s life", this paper willargue that rather than conceiving of enterprise as an activity whichneeds an infusion of ethics, enterprise is by its very nature ethical.It is ethical in the sense of advocating a particular way by which oneshould live one''s life or in the case of small business owners,presenting an account of how a small business should be owned, nurturedand developed. (shrink)

When we think of theories that attempt to root capitalism in nature, the one that comes most readily to mind is Social Darwinism. In this theory, nature - driven by Darwinian natural selection (the struggle for existence and the survival of the fittest) - is interpreted to imply, when applied to human activities, that extreme competition will allow the most "fit" competitors to rise to the top and to survive in this "struggle for existence," and this process of dog-eat-dog competition (...) leads to both material and social progress. Not only has this theory been shown to be seriously flawed, the putative social implications of Darwinian natural selection do not accord with the findings of contemporary neoDarwinists who maintain, for example, that the behavior of monkeys and apes reveals a blend of competition and cooperation and, generally, a close connection to human moral behavior. Adam Smith provides a more helpful view of the connection between nature and capitalism. He maintains that nature's wisdom, as seen in its harmony and balance, is displayed in economics and human nature. Competitive free enterprise, as a vehicle for exchange, functions within a cooperative context and exhibits virtues and values such as mutual help and benefit, trust, harmony, and friendship. I shall show that neoDarwinists agree with Smith's view that nature supports a connection between competition and cooperation, and they maintain that moral activity, rather than destructive dog-eat-dog competition, is necessary to achieve the goals of natural selection. (shrink)

Is capitalism morally justifiable? Is free enterprise compatible with social justice? Does government have a proper role in a free-enterprise system? This volume provides students with eighteen original answers to these and other compelling questions in business ethics. The contributors include philosophers, business educators, and industrial and labor leaders who together provide a basis for informed discussion of contemporary ethics and public policy issues.

In this paper I propose a framework to understand the transition in Foucault’s work from the disciplinary model to the governmentality model. Foucault’s work on power emerges within the general context of an expression of capitalist rationality and the nature of freedom and power within it. I argue that, thus understood, Foucault’s transition to the governmentality model can be seen simultaneously as a deepening recognition of what capitalism is and how it works, but also as a recognition of the (...) changing historical nature of the actually existing capitalisms and their specifically situated historical needs. I then argue that the disciplinary model should be understood as a contingent response to the demands of early capitalism, and argue that with the maturation of the capitalist enterprise many of those responses are no longer necessary. New realities require new responses; although this does not necessarily result in the abandonment of the earlier disciplinary model, it does require their reconfiguration according to the changed situation and the new imperatives following from it. (shrink)

Economic crises - such as the Great Recession of 2008 or the 2020 crisis triggered by the Covid-19 pandemic - have always represented an opportunity to address the relationship between macroeconomic variables and business and society’s reactions to them. Indeed, negative economic conjuncture, slump and stagnation, represent a challenge and may elicit the opportunity to rethink the role of business in tackling systemic global problems of the current system - such as persisting and raising inequalities and environmental unsustainability – by (...) focusing on Business Ethics both as a theory and a practice. Accordingly, the present work aims at shedding light on the link between the systematic production of inequality within the current economic system and the opportunities for entrepreneurs and managers to significantly reduce it by engaging in business ethics practices. For this purpose, the theoretical framework proposed rests on a step “back” to the discussion of the relation between economic sphere and society, particularly when addressing the issue of value creation/extraction and a step “forward” in the discussion on the purpose of the enterprise and the social role of the entrepreneur. In doing so, three main issues will be addressed: VALUE CREATION - the role of the enterprise in value creation between capital and labour; RESPONSIBILITY - responsible vs irresponsible capitalism; SOCIAL ACTOR - the conception of the enterprise as a social rather than only and economic actor. Bridging perspectives coming from economics, business studies and economic sociology, this paper depicts a robust theoretical and conceptual framework to be used for further empirical research. (shrink)

The necessary starting point in an analysis of Yugoslavia is the level of development of self-management. The 1973 law on collective work, the goal of which was to contain growing technocratic tendencies in the enterprises, has disciplined the powers of the “work units,” the democratic cells which are directed from below (in practice, they are something similar to department assemblies) and which were supposed to provide the most authentic foundation for self-management. These productive units can be compared to Western (...) class='Hi'>capitalist firms whose goal, as we know, it to strengthen control over production costs, increase economic efficiency, facilitate management and create a more congenial atmosphere for work. (shrink)

(2013). Distributed Capitalism: A Scientific Validation for “Going Local”. World Futures: Vol. 69, Reclaiming Free Enterprise: The Scientific and Human Story, pp. 450-478.

Incisive and engaging, The Free Market Existentialist proposes a new philosophy that is a synthesis of existentialism, amoralism, and libertarianism. Argues that Sartre’s existentialism fits better with capitalism than with Marxism Serves as a rallying cry for a new alternative, a minimal state funded by an equal tax Confronts the “final delusion” of metaphysical morality, and proposes that we have nothing to fear from an amoral world Begins an essential conversation for the 21st century for students, scholars, and armchair philosophers (...) alike with clear, accessible discussions of a range of topics across philosophy including atheism, evolutionary theory, and ethics. (shrink)

The current crisis is one outcome of the financialisation of contemporary capitalism. It arose in the USA because of the enormous expansion of mortgage-lending, including to the poorest layers of the working class. It became general because of the trading of debt by financial institutions. These phenomena are integral to financialisation. During the last three decades, large enterprises have turned to open markets to obtain finance, forcing banks to seek alternative sources of profit. One avenue has been provision of financial (...) services to individual workers. This trend has been facilitated by the retreat of public provision from housing, pensions, education, and so on. A further avenue has been to adopt investment-banking practices in open financial markets. The extraction of financial profits directly out of personal income constitutes financial expropriation. Combined with investment-banking, it has catalysed the current gigantic crisis. More broadly, financialisation has sustained the emergence of new layers of rentiers, defined primarily through their relation to the financial system rather than ownership of loanable capital. Finally, financialisation has posed important questions regarding finance-capital and imperialism. (shrink)

In this Article, I propose a novel law and economics explanation of a deeply puzzling aspect of business organization in market economies. Why are virtually all firms organized as capital-managed and -owned (capitalist) enterprises rather than as labor-managed and -owned cooperatives? Over 150 years ago, J.S. Mill predicted that efficiency and other advantages would eventually make worker cooperatives predominant over capitalist firms. Mill was right about the advantages but wrong about the results. The standard explanation is that (...) class='Hi'>capitalist enterprise is more efficient. Empirical research, however, overwhelmingly contradicts this. But employees almost never even attempt to organize worker cooperatives. I critique the explanations of the three leading analysts of the subject (N. Scott Arnold, Henry Hansmann, and Gregory Dow), all of whom offer are different transactions cost accounts, as logically defective and empirically inadequate. I then propose an explanation that has been oddly neglected in the literature, that the rarity of cooperatives is explained by the collective action problem identified by writers such as Mancur Olson. Labor management is a public good that generates the n-person prisoner’s dilemma which gives rational actors the incentive to create it in suboptimal (or no) amounts. I support this by reference to the empirical facts about the origin of existing cooperatives and show that this explanation requires no strong version of a questionable rational choice theory. This explanation is supplemented by the mere exposure or familiarity effect derived from social and cognitive psychology, which turns on the fact that labor managed firms are rare, in part because of the public goods problem, thus unfamiliar, which makes them less attractive and thus more likely to be rare. My account points advocates of labor management towards solutions such as institutional changes in incentives, which, however, themselves involve public goods issues. (shrink)

Stephen Miller attempts to confute the idea that capitalist accumulation characterised the agriculture of the Île-de-France prior to the Revolution. Instead he tries to assimilate the agriculture of the north into theAnnalesmodel of neo-Malthusian agricultural cycles and Chayanovian subsistence economy which is supposedly characteristic of the Midi. I argue instead that the notion of a northern capitalist agriculture is rooted not only in the extensive modern research of Moriceau but in the political-economic writings of Turgot and Marx which (...) have been largely ignored. Accumulation in the sense of the growth of fixed and variable capital and emerging technological progress characterised northern agriculture. The persistence of small producers which Miller sees as an index of unchanging stasis might better be investigated in terms of the evolution over time of a reservoir of wage labour for larger-scale enterprises as pointed out by Kautsky. (shrink)

Recent conceptualizations of sustainable global development have reflected societal concerns not only with environmental stewardship, but also with social amelioration. However, the tripartite goals of corporate profitability, environmental protection, and social responsiveness are unlikely to be achieved through conventional models of globalization. The emergent approach known as sustainable global enterprise provides a promising strategic alternate, but requires the development of “native capability” [Hart, S. L.: 2005, Capitalism at the Crossroads: The Unlimited Business Opportunities In Solving the World’s Most Difficult (...) Problems. (Pearson Education, Inc., Publishing as Wharton School Publishing, Upper Saddle River, NJ)] that comprises specific relational competencies not typically required by traditional transnational models. This article demonstrates the usefulness of an ethic of care for enhancing understanding of the competencies comprising native capability, and, provides practical insights from a care approach on the development of those skills. (shrink)

Weber in his early years had taken very seriously the idea that capitalism played an important, perhaps decisive, role in the life of ancient societies. Over time he came to understand the uniqueness of historical structures, and particularly of "rational capitalistic enterprises with fixed capital, free labor, the rational specialization and combination of functions, and the allocation of productive functions on the basis of capitalistic enterprises, bound together in a market economy," which characterizes the modern world. Non-market types of profit-making (...) occur in the ancient world but are not the heart of it. Weber's concept of "political capitalism" assists in explaining those acquisitive activities that possess capitalistic features without identifying the ancient forms with modern capitalism, avoiding the extremes of primitivism and anachronistic modernism. (shrink)

Edward W. Younkins's book, Capitalism and Commerce: Conceptual Inundations of Free Enterprise, develops a systematic case for a free enterprise model that restricts state activity to a few clearly enumerated functions. He sets out the ideas of individual rights and property ownership, moving from here to freedom of transaction under the rule of law. He considers entrepreneurship and progress. Finally he discusses the various opponents of free enterprise and responds, concluding with a meditation on the prospects of (...) bringing about the kind of society envisioned here. (shrink)

This article introduces the concept of corporate social responsibility in the seemingly oxymoronic context of Chinese “authoritarian capitalism.” Following an introduction to the emergence of authoritarian capitalism, the article considers the emergence of CSR in China using Matten and Moon’s framework of explaining CSR development in terms both of a business system’s historic institutions and of the impacts of new institutionalism on corporations arising from societal pressures in their global and national environments. We find two forms of CSR in China, (...) reflecting the “multiplexity” of its business system: one in the mainly family-owned small and medium-sized enterprise sector reflecting concern with local reputation, and another in the corporate, mainly state-owned enterprise sector, reflecting global and national societal expectations. We investigate the dynamics of CSR in China through the interplay of the global and national societal pressures and mediating and even leading roles played by the State and the Party. We consider the conceptual integrity and practical prospects for “state-led society-driven” CSR and future research opportunities, including those opened up by the three contributing articles to this special issue. (shrink)

While it is true, as Paul Craig Roberts and Karen Lafollete maintain in The Capitalist Revolution in Latin America, that Latin America has begun to break away from its statist tradition, the basic culture of mercantilism, corporatism, and interventionism remains, underpinned by the positivist tradition that has made public policy and legislation a substitute for the rule of law, as reflected in a schema of essential rights. The confusion between a private‐enterprise economy and a free economy is at (...) the heart of the failure of Latin America to create a truly competitive, privilege‐free, and institutionally adequate economic environment, while the divorce of market economics from the rule of law has led to an authoritarianism that has undermined the transition from a state‐led to a private‐enterprise economy. (shrink)

The institutional guarantees of modern labour law, that provide the keystone of progressive liberalism, are often only reactionary to the entrenched concepts of socialist law. Adoption of institutions of “workers rights”, and employment protection based upon contract, inevitably nullify the ideological promise of the inalienable “right to work”. China, among the last bastions of theoretical Marxist socialism, and among the first socialist countries ready to accept that it has been in desperate need of reforming uneconomical state enterprises, seems willing to (...) sacrifice ideological purity for economic development. Yet, if economic turnaround requires enterprise rationalisation in a market economy, it is understandable that Chinese labour requires the same kinds of protection against unbridled capitalism as progressive labour movements elsewhere. Doubtless, for those who have enjoyed no such institutional guarantees in the past, official commitment to improvement of labour conditions is better than no acknowledgment of need for reform of social policy whatever. Yet, the real question for students of social change is “Are these legislated reforms effective policy guides for local administration and the courts?”“|Or are they merely regulations for licensing compliance – primarily for foreign invested enterprises?”. In brief, “... to what extent are the new ‘workers’ rights’ realistically attainable sources of judicial remedies for individual workers?”. (shrink)

The neoliberal-inspired “shock therapy” policies were designed to allow efficiency considerations to shape the new capitalist economies. Most experts theorized that these policies would enable postcommunist countries to close the gap with the West. After more than a decade, this prediction has been falsified. Fieldwork in 25 Russian firms demonstrates that the neoliberal prescription of mass privatization creates shocks that make successful enterprise restructuring almost impossible. Instead, most firms lower their technological level of production and retreat to nonmarket (...) activity to survive. The result is a poorer economy with less growth potential and thus increased divergence with the West. (shrink)

The paper is devoted to the issue of surveillance in capitalism (surveillance capitalism), a phenomenon which has spread in that socio-economic system since the beginning of the 21st century. We attempt to point out the harmfulness of information technologies developing in the wrong direction, carrying the ideas of dataism and post-truth, which increasingly colonize human living space. It turns out that the information (traces) that people leave while operating on the Internet is a source of predicting human behavior in the (...) future (behavioral futures markets). Thus, for the most developed Internet enterprises in the world, they become a motive for violating what seem to be basic political rights, mainly freedom, property and security. As a result, under the influence of the disinformation often present on the Internet, people’s behavior may take the most socially undesirable forms, but desirable in the virtual world. The considerations in the paper are primarily theoretical. The descriptive method was used with elements of the conceptual analysis of surveillance capitalism in the context of dataism and post-truth. (shrink)

This study uses panel data to investigate the different roles of the Chinese government in influencing companies’ decision making about corporate environmental reporting (CER) via a two-stage process. The results show that the Chinese government appears to mainly influence the decision whether to disclose or not, but has limited influence on how much firms disclose. The results also show that the traditional model of authoritarian capitalism (under which state-owned enterprises [SOEs] are the major governance arrangement) is transforming into a new (...) model. In the new model of authoritarian capitalism, the Chinese government uses newer, more sophisticated tools to manage both state-owned and non–state-owned companies. In addition, these new governance arrangements appear to be more efficient than the traditional model. The findings of this study have implications for both the Chinese government and for Chinese companies, as well as making important contributions to the literature and knowledge of CER in China. (shrink)

It was in the days when European society was in the throes of expanding industrial capitalism that Abraham Kuyper formulated his basic ideas about the pitfalls of the free enterprise system and the need for a structural make-over of society. Already two decades before his mature address of 1891 on the social question, he urged the church to concern herself seriously with the plight of the working classes. In 1874 he railed against “fictitious trade” and mere “paper assets.” In (...) an extensive commentary on his political party’s program he repeated his fundamental objection to the “fictitious expansion of capital”, calling for legislation to curb such excesses and to create a better balance in incomes between the different classes making up society. He argued for equity and justice rather than charity and philanthropy, and for wages and salaries proportional to effort, skill and education. Yet while the gap between rich and poor cried out to heaven, the first step toward solving the social question, according to the youthful Kuyper, was not to focus on the poor but to provide employment opportunities so that the able and willing working man could earn a living wage. He proposed raising import duties and protective tariffs, replacing taxes on necessaries with taxes on luxuries, abolishing government-run lotteries, and lifting the ban on organizing trade-unions. To achieve these reforms, it was essential that the lower classes be given greater representation in parliament and that selfish greed make way for neighbourly love and mutual solidarity. (shrink)

A comparative historical perspective shows how globalization and the specificities of China’s rapid growth era limit its hegemonic potential in the twenty-first century global economy. Although state capitalism and openness to foreign capital facilitated China’s economic transformation, interactions among three forms of capital—state, private, and foreign—have produced developmental dynamics that constrain China’s capacity to assume the position of the world’s economic hegemon. These include the compromised competitiveness of China’s corporate sector due to the domination of state-owned enterprises, limits on the (...) ability of Chinese firms to develop leading transnational corporations, and early openness to and continued dependence on foreign capital. Moreover, the party-state’s efforts to ameliorate these constraints arouse external suspicion rather than support a Chinese-led hegemonic order based on consent and shared interests. These historically conditioned realities should temper expectations that China is converging teleologically toward a familiar hegemonic role in the international economy. (shrink)

This collection of 18 papers, most of which were originally presented at a 1976 University of Kansas Symposium, is intended to meet the growing demand for "serious analysis" of a host of "micro-moral" issues, such as corporate bribes to foreign officials, abuses in advertising, conflicts of interest, etc., as well as the "macro-moral" issue of the compatibility of "free enterprise" and "social justice." Six of the 19 authors teach philosophy and they are joined by academic colleagues in business-oriented disciplines, (...) lawyers with government experience, a labor leader, and a social critic. The opener by DeGeorge effectively introduces the remaining topics and attacks the position that ethics is irrelevant to business affairs. His co-editor then sounds a triumphant theme we hear again in the strident pieces of Irving Kristol and John Hospers--viz., that American Capitalism is hale and hearty, under attack by well-meaning but unrealistic critics who fail to see the justice of the Invisible Hand. Michael Harrington, the lone socialist represented gently suggests an alternative to "corporate collectivism" and tries to unmask the myth of a free enterprise society. (shrink)

In organizational psychology the positive effects of democratically structured enterprises on their employees are well documented. However, the longstanding viability as well as economic success of democratic enterprises in a capitalistic market environment has long been contested. For instance, this has given rise to widespread endorsement of the “degeneration thesis” and the so-called “iron law of oligarchy”. By reviewing 77 qualitative studies that examined 83 democratic enterprises within the last 50 years, the present systematic review provides evidence that such enterprises (...) are able to economically survive and prosper. The majority of studied enterprises either resisted pressures toward degeneration or subsequently regenerated after undergoing degenerative processes. Only 9.5% fully degenerated in accordance with the degeneration thesis and the “iron law of oligarchy”, while 27.0% of the democratic enterprises showed diverse and mixed forms of degeneration tendencies, indicating that the notion of an “iron law” needs to be revised. Within the nine investigated cases of Mondragon not one single enterprise or group fully degenerated. Three cases showed degenerative tendencies, another three one degeneration tendencies and simultaneously regeneration, one case fully resisted degeneration tendencies and two cases regenerated. Further, this systematic review provides an overview of organizational and external conditions, non-/democratic or non-/participative practices and psychological phenomena that contribute to the degeneration, regeneration, or resistance to degeneration. The described examples of such practices may help practitioners to implement and maintain democratic structures and processes in contemporary organizations. (shrink)

We consider two reasons why firms should be owned and run democratically by their workers. The first concerns accountability : Because the employment relationship involves the exercise of power, its governance should on democratic grounds be accountable to those most directly affected. The second concerns efficiency : The democratic firm uses a lower level of inputs per unit of output than the analogous capitalist firm.

The Invention of Enterprise: Entrepreneurship from Ancient Mesopotamia to Modern Times, David S. Landes, Joel Mokyr, and William J. Baumol, eds., Princeton University Press, 2010, is a dense anthology that provides an “orbital view” of the history of trade and commerce. The essays encompass several theoretic frameworks while following three themes: the creation of enterprises; the distinctions between creative and corrosive capitalism; and the societies that engender those different modes.

The Global Economic Ethic Manifesto (" Manifesto") is a moral framework/code of conduct which is both interactive and interdependent with the economic function of the main institutions of the economic system: markets, governments, civil society, and supranational organizations, which lays out a common fundamental vision of what is legitimate, just, and fair in economic activities. The Manifesto includes five universally accepted principles and values: the principle of humanity; the basic values of non-violence and respect for life; the basic values of (...) justice and humanity; the basic values of honesty and tolerance; and the basic values of mutual esteem and partnership. We posit that the Manifesto provides an ethical foundation for explicitly assisting multinational enterprise's (" MNE") executive management and boards of directors to meet the moral failures criticisms associated with the expansion of global capitalism, and similarly how the U. N. Global Compact (" Compact") is focused on addressing complimentary market and institutional failures. In this article, we argue how the Compact and the Manifesto complement each other, explaining how the policies and guidelines of the Compact can now be implemented at the organizational/individual level through a comprehensive human resource management (HRM) plan supporting the ethical framework of the Manifesto. Finally, we have described how the Manifesto completes a comprehensive managerial framework (consisting of both the Compact and the Manifesto) for what we term an "MNE Moral Values-Based Corporate Governance Model." Ultimately, further research is needed in understanding how much impact external and internal influences make on creating a sustainable ethical culture in MNEs. (shrink)

Rising global food prices have driven 44 million additional people into extreme poverty—and malnutrition—in developing countries since June 2010. Partners in Food Solutions , a nonprofit social enterprise affiliated with General Mills, is proposed as the conduit for food industry managers, engineers, and scientists to initially advise small‐ and medium‐sized African mills and food processors—and later other developing countries—on improving supply chain management by addressing manufacturing problems, developing products, improving packaging, extending product shelf, and finding new product markets. In (...) this article, the “creative capitalism” model of sustainability and social and environmental responsibility is applied to the food manufacturing industry's efforts supporting PFS. Furthermore, the evolution of the sustainable business model developed by PFS is thoroughly described, explained, and analyzed as a generic model of social enterprise to be “scaled up” by the global food manufacturing industry. A summary of salient points conclude the article. (shrink)

What is the source of the antipathy of Catholic intellectuals toward free markets? That is the issue addressed in the present paper. We see the antecedents of this viewpoint of theirs in terms of secular humanism, Marxism and mistaken views of morality and economics. One of the explanations for this phenomenon are the teachings of St Augustine. He greatly distrusted the City of Man, seeing it as anarchic and chaotic. In contrast, his City of God is more orderly, but far (...) removed from the hurly burly of free enterprise. Another source of the rejection of capitalism on the part of Catholic intellectuals is liberation theology, which is Marxism minus the atheism of that doctrine. Both economic and cultural Marxism have played a role in the alienation of such intellectuals from the tenets of laissez faire capitalism. Are there any counter currents? Yes, the School of Salamanca, which has been all but forgotten in this community. (shrink)

The essays in this book are meant to serve as an introduction to those ideas of Ayn Rand, which are of particular relevance to business people. Rand was known as a spirited defender of the laissez-faire free enterprise system. It is less commonly known that Rand was also deeply committed to the centrality of the enterprise of philosophy for both public and private life. The essays in this book try to bridge the gap between these two aspects of (...) Rand’s thought. The results of the review of the book are mostly positive. The review attempts to separate the different themes in the book such as the importance of philosophy in general, the importance of philosophy for business, the philosophical defense of the free enterprise system and then to evaluate the evidence and arguments presented by the essayists for each claim. (shrink)

… surely there would be men enough, willing and glad to contribute to the regeneration of the poor outcasts of the city. It is no longer an experiment since the Children's Aid has removed of this class, in thirteen years, eleven thousand two hundred and seventy two! Who would not rejoice to aid in such an enterprise…? Money only is wanting. Shall that be an insurmountable obstacle in the way of accomplishing such an unspeakable blessing? New York Children's Aid (...) Society, 1866 Annual Report. (shrink)

Insofar as John Stuart Mill can be accurately described as a socialist, his is a socialism that a classical liberal ought to be able to live with, if not to love. Mill's view is that capitalist economies should at some point undergo a `spontaneous' and incremental process of socialization, involving the formation of worker-controlled `socialistic' enterprises through either the transformation of `capitalistic' enterprises or creation de novo. This process would entail few violations of core libertarian principles. It would proceed (...) by way of a series of voluntary transactions. Capitalists' property rights would be respected throughout. The process would take place within a national system of laws that permits private ownership of productive property and competition, and would not result in that system's overthrow. And, if we accept some basic tenets of Mill's social philosophy, the outcome at which we should expect the process to arrive is a `patchwork' economy in which capitalistic and socialistic enterprises exist side by side. Key Words: Ludwig von Mises • John Stuart Mill • socialism • capitalism • worker control. (shrink)

We can think of the club not as a small business, but as a would‐be “anarchist‐syndicalist commune.” Anarcho‐syndicalism is a kind of anarchism based in labor unions, where workers take control of the economy not through a top‐down government bureaucracy but through revolutionary labor associations called “syndicates. The club resembles just such a syndicate: it's hierarchical, but, unlike capitalist enterprises, it is a democratically governed hierarchy. The state is essentially an instrument of class struggle and will gradually “wither away,” (...) as both the “anarchy” of capitalist markets and the centralized command economy are replaced with socialist anarchism. This chapter portrays the difference between Marxists and classical anarchists such as the French Pierre‐Joseph Proudhon and the Russian Peter Kropotkin, for whom the state should immediately be abolished. SAMCRO seems anarchistic in its principal economic relations, too, with decisions about production, distribution, and labor made by members of the MC collectively. (shrink)

In this paper we begin with a reference to the work of Hernando de Soto The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else, and his characterization of the Western institution of formal property. We note the linkages that he sees between the institution and successful capitalist enterprise. Therefore, given the appropriateness of his analysis, it would appear to be worthwhile for developing and less developed countries to adjust their systems of ownership to (...) conform more closely to the Western system of formal property. However, we go on to point out that property relationships within the Western system have become subject to redefinition through the expansion of Intellectual Property rights in ways that ultimately work to the disadvantage of the developing and less developed countries. We point out that this restructuring has been given global application through the implementation of the TRIPS agreement by the WTO. In the final section of the paper I suggest ways in which IP rights and relevant institutions can be reformed in order to avoid the disadvantages to the developing and less developed countries. (shrink)

In recent years, a growing number of scholars have accused Arendt of anti-Black racism. Some of these criticisms can be traced to certain passages in her essay On Violence about black radicals making what she believed to be unreasonable curriculum demands, namely the establishment of Black Studies programs. The purpose of this paper is to contextualize these controversial passages within her deeply anti-modern thinking about the role of higher education in society. While her arguments remain troubling, when read along with (...) the critical perspectives of Max Weber and Karl Jaspers, it becomes clear that her essential criticism had mostly to do with the transformation of the university into a capitalist enterprise, where students had become customers essentially seeking glorified vocational degrees. For Arendt, the university should not be a means of employment or another branch of the US military, as it had so become. It was a space where one could escape the public realm and discover a kind of freedom, the life of the mind. (shrink)

Operational distinction : it is capitalism as a totalitary system that must be fought and not capitalist enterprise as such or merchant exchange in general. Theoretical unification : the three major problems - environment, women and youth - must be analysed in the light of this totalitarian capitalist concept.

In lieu of an abstract, here is a brief excerpt of the content:Lenore Davidoff 1923–2014 Lenore Davidoff, a pioneering historian of British women, died October 19, 2014, from Hodgkins’ lymphoma. We have lost a generous and influential leader in gender studies and an early supporter of Feminist Studies. Born in the United States, Davidoff left in 1953 to study sociology at the London School of Economics. Her first book, The Best Circles: Society, Etiquette and the Season (1973), led her to (...) a subject she made her own: the paid and unpaid work of women, not only of wives and mothers, but also of servants. In 1979 she published an article in Feminist Studies on the secret cross-class love between a master and servant, “Class and Gender in Victorian England: The Diaries of Arthur J. Munby and Hannah Cullwick.” It remains one of Feminist Studies’s most frequently cited publications. Davidoff went on to publish numerous books and articles, including the influential Family Fortunes: Men and Women of the English Middle Class, 1780-1850 (1987), co-authored with Catherine Hall, which argued that the formation of separate spheres—men for business, women for home—was an integral part of the early capitalist enterprise. Davidoff played a key role in building a community of fellow scholars in the 1970s and 1980s. She was instrumental in starting the Feminist History Group in London and the Women ’s Research and Resources Centre, now the Feminist Library. She served as the founding editor of the international journal Gender and History from 1987 until 1994 and remained active on its board till her death. Davidoff inspired countless feminists with her writings, mentorship, and friendship. She was invariably encouraging with younger scholars, offering incisive suggestions that could turn an early, inchoate idea into an exciting project. She will be sorely missed. —Martha Vicinus I n M e m o r y o f... (shrink)

Unquenched desire, the dividing up of the drives, repetition, and symptom are the keywords for the effects that the unconscious, as deciphered by Freud, has on the body. Harmony is not on the agenda, but rather the discordance, unlinking, and arrogance of cynical jouissances. It seems that the discourse of capitalism is today increasing their deleterious consequences - with all of these demonstrative suicides, but also suicides as diverse as those of terrorists, Tibetan monks, those beleaguered by the capitalist (...) enterprise, and all the hopeless of our time. Hence the question that Lacan posed concerning the possible "humanisation" of this denatured animal, about whom Freud did not hesitate to say that he is a wolf to man, even though he has always made community. What will the psychoanalyst say about possible solutions, he whose act excludes the call to norms of any kind? Humanisation? is the 2013-2014 volume of the annual seminar held by the author at the Clinical College of the Lacanian Field in Paris. (shrink)

In _The Immaterial_,_ _French social philosopher André Gorz argues, in his finely-tuned and polemical style, that the economic boom that accelerated in the 1990s and crashed so spectacularly in 2008 was based largely on an immaterial consumption of symbols and ideas, as capitalism tried to overcome the crisis of the formally industrial regime by throwing itself into a new, so-called knowledge economy. In this, the last full-length theoretical work Gorz completed before his death, he argues instead for the creation of (...) a true knowledge economy. This economy would be based on zero-cost exchange and pooled resources, and knowledge would be treated as humanity’s common property. Currently, in order to exploit knowledge and turn it into capital, the capitalist enterprise privatizes specialized knowledge and claims ownership through private licenses and copyright. But as Gorz shows, the traditional foundations of such capitalist economics have begun to crumble because of the immaterial nature of this new form of product, which makes it almost impossible to measure in monetary terms. The knowledge economy, Gorz declares, _is_ the crisis of capitalism. Thought-provoking and divisive, _The Immaterial _is the perfect book for our time, as we begin to reimagine the structures of our economic system in order to rebuild and move forward. “It is to Gorz... that readers should turn for a compelling combination of sharp analysis, well-wrought polemic, and suggestions for the future.”—_Red Pepper_ “A great figure of the intellectual Left.”—Nicolas Sarkozy “Gorz’s intelligence strikes you at the very first glance: it is one of the nimblest, acutest intelligences I know.”—Jean-Paul Sartre. (shrink)

This study interrogates the Gap campaign from a political economic perspective to determine whether it goes beyond merely touting the virtuous line of social responsibility. Critics cite the irony of capitalist-based solutions that perpetuate the inequities they are trying to address. Others suggest the aid generated is problematic in and of itself because it keeps Africa from becoming self-sufficient. This research contends the purpose of the Gap’s participation is genuine, going beyond window dressing and the surface level benefit of (...) capitalistic enterprise, and is in fact linked to a higher motive of propagating ethical trade which ultimately offers African beneficiaries a path to financial independence. However, because the message of the current Gap advertising campaign does convey a false sense of doing good, another advertising approach is warranted. (shrink)

Although Disney films are sometimes denigrated as popular or “low” art forms, this article argues that they often engage deeply with, and thereby communicate, significant moral truths. The capitalistic enterprise of contemporary modern cinema demands that cinematic moral pedagogy be sublimated into non-partisan forms, often by substituting secular proxies for otherwise divine or spiritual components. By adapting Søren Kierkegaard’s tripartite existential anthropology of the self, I analyze the subjective experiences of the protagonists in three recent animated fairy tales—Disney’s Frozen, (...) Moana, and Tangled—to demonstrate how these princess movies bridge the imaginative gap between the mundane and the divine. (shrink)

In the first thirty years after World War II, the US economy performed very well. The rate of growth averaged 4—5%, the rate of unemployment was seldom above 5%, inflation was almost non-existent, and the living standards of workers improved steadily. These were the ‘good old days'. However, this long period of expansion and prosperity ended in the 1970s. Since then, both the rate of unemployment and the rate of inflation have been much higher than before, and the average real (...) wages of workers have declined some 20%. Productivity growth has also slowed down and the debt burden of both capitalist enterprises and the Federal government has increased dramatically. It is in this sense that we may refer to the ‘economic crisis’ of the US economy over the last two decades. This crisis has certainly not been as severe as the Great Depression of the 1930s, but the economic performance has been significantly worse than in the early post-war period. (shrink)

ABSTRACT In characterizing his second studio album, good kid, m.A.A.d city, as a “short film” Kendrick Lamar offers something of a public declaration: We, the listening audience, are not hearing another hip-hop album, just another “autobiography” or slice of one person's life, but, rather, something else; we are hearing a mixture of social, cultural, and personal narrative truth in what will be termed “autoethnography.” In doing so, Lamar offers us a new way of thinking about hip-hop as a whole, not (...) simply as a capitalistic enterprise or as a “black news” channel but as a distinct method for collecting data and understanding the experiences and existence of black people. While autoethnography is not a new method for research, it has been underutilized in philosophy as an approach to reading “texts” of all sorts, in particular Africana texts. This article analyzes Kendrick Lamar's second album to demonstrate why autoethnography is important as both a way of understanding reality and an expression of reality and also why it is centrally important for “doing” Africana philosophy. (shrink)