Nèdeem Elmahjoub's blog

David Lay Williams’s contribution “inverts the common conservative argument that arguing against economic inequality is somehow contrary to the thrust of classical Western thought. If anything, it’s the casual and lazy dismissal of concerns with economic inequality that constitute an intellectual deviation and decline from the norm.” Note how a universal topic like economic inequality does not include non-Western thinkers from China to India, from Latin America to the Middle East and Africa. Williams just restricted his research to Western European thinkers. The reviewer himself mentioned a couple of non-white intellectuals and activists, but not a single non-Westerner came to his mind.

Danny Katch: “Socialism is a society whose top priority is meeting all of its people’s needs, ranging from food, shelter, and health care, to art, culture, and companionship. In contrast, capitalism only cares about any of that basic human necessities stuff to the extent that money can be made of it.” Nathan J. Robinson: “ Because it’s not that capitalism never produces food—you can go to the grocery store—it’s not that capitalism never produces any kind of shelter—you can rent an apartment—it is that it provides it to the extent that money can be made off it, and the moment those human imperatives of the basic needs conflict with the money being made, the money will come above basic needs.” I do not think that is a full explanation; I think it is partially accurate because it forgets that capitalism also provides certain things and maintains others – erosion but not the dismantling of the welfare system, for example – to keep the social peace, and thus the system protects itself from ...

A review of the definition of wealth in the 2021 World Bank report

 The pandemic and the future of work