Capitalism Whack-A-Mole

There is no general framework of morality or justice that supports laissez-faire capitalism. This is a problem of course for those who wish to argue on behalf of it. When you talk to such people, a familiar argumentative pattern emerges that I have come to call Capitalism Whack-A-Mole. Someone playing Capitalism Whack-A-Mole moves seamlessly between… Continue reading Capitalism Whack-A-Mole

Does working reduce poverty?

Scenario 1: Work + No Pay Suppose I do work, but do not receive any compensation for the work. This can happen because an employer did not pay me what I was supposed to get paid. It can also happen because I do work that does not get paid, including things like caring for others… Continue reading Does working reduce poverty?