capitalism

The "Externality Machine"

I recently watched the documentary film The Corporation which stitches together an argument about the many ways the modern corporation is sociopathic. It condemns corporations for failing to be concerned with others, is amoral, etc. The operational principles of the corporation give it a highly anti-social “personality”: It is self-interested, inherently amoral, callous and deceitful; it breaches social and legal standards to get its way; it does not suffer from guilt, yet it can mimic the human qualities of empathy, caring and altruism.

Coase's Penguin and Crowdsourcing

A few weeks ago there was a reading group discussion at SI about a couple of articles on Cyberwork. I wasn’t able to attend, but I did read the articles and they got me thinking about the interrelations between work, education, and the internet. I started to discuss this in my last post on the ‘just give them more education’ canard that surrounds so much discussion about outsourcing and offshoring jobs.