Thursday, October 1

Tag: Competition

A BRIEF TOUR OF THE WORLD OF THE PHARAOHS
Analysis

A BRIEF TOUR OF THE WORLD OF THE PHARAOHS

Today the capitalists have become the modern version of the Pharaohs. They rule with impunity. They not only covet control over your capital, but they also aim to control your thoughts, behaviour and emotions. They are investing heavily in new technologies that are capable of doing all the above. Their nefarious plans are intended to enslave the whole of humanity. The elites in all the countries are working to implement these plans. However, I am a bit sceptic that they will succeed. I think that the human mind is too complex and if history teaches us anything about the human mind, it is that the human mind demands freedom and emancipation for optimal functioning. The capitalists want to curtail our God-given rights and freedoms. But, competition and freedom are essential for the human ...
CONFRONTING THE TRUTH ABOUT CAPITALISM: BOOK REVIEW OF “THE MYTH OF CAPITALISM” BY JONATHAN TEPPER
Business

CONFRONTING THE TRUTH ABOUT CAPITALISM: BOOK REVIEW OF “THE MYTH OF CAPITALISM” BY JONATHAN TEPPER

Western capitalism evidently has become rotten, repulsive and deplorable. The system we now have is not capitalism, at least not the healthy form of capitalism which exists at the beginning of the economic system’s cycle. What we now have is the decaying carcass of the system that once existed in the West. Today, the top 1% of the population owns more than 50% of the total global wealth. This evidently is beginning of the end of the economic system’s cycle and end of capitalism as we know it. Jonathan Tepper, the author of The Myth of Capitalism: Monopolies and the Death of Competition (Wiley, 2019) has rightly diagnosed the problem to be solely related to monopolies. The author exposes with evidence all that is wrong with the current system. He believes that monopolies are killin...