Questions tagged [economics]
The economics tag has no usage guidance.
53
questions
9
votes
5
answers
1k
views
How does wealth corrupt someone?
The findings overall led to the conclusion that wealthier people are
less likely to act generously (and more likely to act selfishly and
unethically) when given a chance. Other studies seemed to ...
user67675
-1
votes
3
answers
144
views
Is american libertarianism a religion?
It seems to fit definition of religion
a cause, principle, or system of beliefs held to with ardor and faith
Which would make it like idol worship, the idol being the market.
One could dispute that ...
user67699
1
vote
1
answer
74
views
Is there a consensus that cultural, erotic, social capital exists and can be bought with each other and economic capital?
Is there a consensus that cultural, erotic, social capital exists and can be bought with each other and economic capital?
This was the basis of the great British class survey, and
differing ...
user67521
3
votes
2
answers
233
views
Is human nature a problem for Marxists?
Is human nature a problem for Marxists?
So I am very broadly speaking familiar with the idea that before the scientific phase of Marx's work he was more humanist, argued that human nature was being ...
user67155
1
vote
3
answers
82
views
Looking for Marxist or Frankfurt-style critiques of advertising
There is undoubtedly a great deal of cultural criticism of advertising, but I'm looking for a certain angle on the topic. For Marx, the commodity is the primary "atom" of capitalist society ...
- 13.3k
2
votes
2
answers
132
views
What is meant by Georg Simmel’s philosophy of money?
I am reading a book about how money works that contains a brief summary of Georg Simmel’s Philosophy of Money:
“Published in 1900, German sociologist Georg Simmel's book The Philosophy of Money looked ...
- 275
0
votes
4
answers
304
views
Help understanding Marxist critique of capitalism
According to the Wikipedia page on Marxist economics, one criticism Marx had of capitalism is that the capitalist model of employment creates a difference between the value the workers create and the ...
- 478
2
votes
8
answers
304
views
Is the extraction of surplus value sufficient for the necessity of revolution?
Is the extraction of surplus value sufficient for the necessity of revolution?
As I understand it, the extraction of surplus value is: the essential component of the "immiseration" of the ...
user56770
0
votes
0
answers
101
views
Understanding Inflation at philosophical level?
I came across this sentence at random "The Manhattan Project began modestly in 1939, but grew to employ more than 130,000 people and cost nearly US$2 billion (equivalent to about $23 billion in ...
2
votes
5
answers
379
views
Isn't socialism a form of democracy?
When looking at the opposites of socialism, it was pointed out that democracy is an opposite.
If socialism is a system advocating that the means of production and distribution be owned or regulated by ...
- 289
-2
votes
1
answer
71
views
Is socialism only one half of a dichotomy? [closed]
If it is only one half of a dichotomy, you could say the other half is capitalism. But is there a midway between the two? Or are there part socialist, part capitalist philosophies?
- 289
5
votes
8
answers
2k
views
What determines the value of money?
The value of money can be defined as the cost to produce it. It costs, say, 1, to produce 10 000 000 coins or notes, while digital money costs virtually nothing. Of course, it can also be that it ...
user52804
-1
votes
3
answers
152
views
Is society deliberately limiting opportunities for a segment of the population to provide workers? [closed]
Whether deliberate or not, given that society needs people to do unpleasant jobs, there must be a way to induce people to take such jobs. People who do such jobs do not make enough money to educate ...
- 145
5
votes
1
answer
107
views
Was John Locke an intellectual father of "economic growth" as a social goal?
I am researching on the origin of the "economic growth imperative". In this book it says:
A central theme of Locke's political teachings is growth; a theme which will not only be central to ...
- 880
1
vote
1
answer
56
views
What is production [closed]
In ecological economics production means "process of transformation energy/matter into another energy/matter".
So What is production in philosophy ?
- 13
0
votes
5
answers
190
views
Is Economy people's lives?
If we see Economy as a system of making and trading things of value (goods/services), can we correctly affirm that it is human life?
I can see that, making/trading those values depend on human life, ...
- 461
0
votes
1
answer
167
views
Epistemology, Scientific Method and Formal Theory, Economics
Why is Economics considered not to apply the scientific method in its pure form, nor develop scientific theories and how so?
Trade and Government policies(For political economics/positive political ...
- 430
5
votes
5
answers
4k
views
Philosophers on alternatives to capitalism and communism
Philosopher Karl Marx envisioned an economic system called communism to fight the abuses suffered by working class people during the industrial era. The exploitation of man by man
and the excessive ...
user22051
3
votes
2
answers
106
views
Might Marx's argument in Das Kapital be less about justice and exploitation than it is about disenfranchisment?
Might Marx's argument in Das Kapital be less about justice and exploitation than it is about disenfranchisment? I specifically mean his analysis of work, the falling rate of profit, and movement of '...
user38026
2
votes
0
answers
67
views
What is the strongest link made in the philosophical literature between privacy and civil liberties?
What is the strongest link made in the philosophical literature between privacy and civil liberties? In particular, an analysis which eschews 'democracy', or separates out democracy from 'civil ...
user38026
3
votes
4
answers
260
views
Can the affirmation "All taxes are theft" be considered an a priori truth?
Hans Hermann Hoppe is a popular Economist from the Austrian School whose central ideas seem fundamentally right. However, I see him as having very poor argumentation skills and more than once I read ...
- 455
2
votes
4
answers
564
views
Marxism - primary contradiction of capitalism
After writing a long post, i decided to keep only the summary :
I understand that in the marxist framework a mode of production is constituted by :
the relations of production
the productive forces
...
2
votes
1
answer
70
views
A universal game [closed]
In this question by "metagame" I mean a game which functions to create the rules of a sub-game.
Is there a universal metagame that would allow to create any game (including itself). Such game would ...
- 247
2
votes
1
answer
55
views
Which philosopher first claimed that social impatience is ethically indefensible
Partha Dasgupta's book Economics: A Very Short Introduction (Oxford University Press, 2007) contains a chapter on sustainable economic development. Dasgupta here writes that,
Philosophers have ...
- 387
3
votes
1
answer
280
views
Did 20th-century Marxists acknowledge that the "social science" predictions of Marxism were wrong?
In this video, starting at 5:36, Stephen Hicks claims that there are three central "social science" Marxist predictions, which I would sum up as follows:
Over time, in any capitalist society,
The ...
- 133
3
votes
1
answer
2k
views
Who Are the Most Prominent Modern Socialist Thinkers?
Who Are The Ten Most Prominent Modern Socialist Thinkers? (Big Tent: Social Democrats, Socialists, Communists, etc. are all acceptable).
3
votes
1
answer
75
views
Source for history of thoughts with their historical and economical context
I recently took an introductory history course and there we visited a lot of modern philosophers and thinkers and briefly studied their influence on the society and the influence of their life ...
- 141
2
votes
3
answers
591
views
Laissez-faire capitalism does not work ... so why do some "philosophers" ascribe to it [closed]
On topics such as ethics and how a society should be structured, many "philosophers" (Objectivists, etc) propose a laissez-faire system with little to no government intervention and a largely free-...
- 37
1
vote
1
answer
69
views
It is posible a Resourced Based Economy? [closed]
When I refer to a resource-based economy, I refer to the proposal of the groups of The Zeitgeist Movement and The Venus Project
https://www.thevenusproject.com/resource-based-economy/
- 133
3
votes
5
answers
1k
views
Would an universal basic income eliminate exploitation (a la Marx) in capitalism?
Marx's argument in the theory of exploitation is that capitalists do not need to sell their labour power in the market in order to live, whereas workers need to do so. As such, workers are not really "...
- 880
5
votes
3
answers
274
views
Ownership of the commons
A recent article from The Guardian explores the ambitions of the Luxembourg government in developing commercial space activity in the country. This move was partly enfranchised in the law. As the ...
- 880
1
vote
0
answers
70
views
Time dynamics of probability (from a game theoretic point of view)
Many commenters on this question about a property of a random 2x2 matrix seem to assume that there is no such thing as a random 2x2 matrix. We are talking here about a matrix with integer or rational ...
- 3,919
2
votes
2
answers
481
views
Authors who think Capitalism encourage psychopathic behaviour? [closed]
When morality and ethics is a problem to a great deal of people is it safe to assume that capitalism rewards those individuals with no empathy or remorse who are good at emulating to have them?
e.g....
user22051
0
votes
6
answers
2k
views
What is Money, (not money)?
Money plays a major role in our experience and I find that very few people explore the idea of what it is. This question concerns Form.
Money is any item or verifiable record that is generally ...
- 637
4
votes
2
answers
285
views
Ethical problems related to trading for profit
Let us for the sake of clarity define making of a profit as being the trade of that which is given being of lower value than that which is demanded and received.
In general, and not withstanding ...
- 459
3
votes
5
answers
725
views
How does Marx show that capitalism is a kind of slavery?
indirect slavery, the slavery of proletariat
Letter from Marx to Pavel Vasilyevich Annenkov,
All official and liberal science defends wage-slavery, whereas Marxism
has declared relentless war on ...
user6917
6
votes
7
answers
3k
views
Does capitalism have an end goal?
Occasionally I find that things such as "incentives" in a capitalist economy are as if they would be directed to a certain outcome or certain outcomes. E.g. that profit incentives matter only in so ...
- 2,872
12
votes
10
answers
6k
views
Is it unfair for the rich to pay more total taxes ( not by percentage ) than the poor? [closed]
Is there a compelling ethical argument why the rich ought to pay more in income taxes than the poor? For the purposes of this discussion let's assume "the rich" legally earned their wealth through ...
- 265
2
votes
4
answers
130
views
What should the value of a private sector company tell us?
This question bridges both philosophy and economics. Please see original question on the economics website, it includes extra comments and discussion. Looking for critique and reading suggestions:
...
- 155
1
vote
2
answers
266
views
Are there philosophical arguments for moral risk avoidance?
It is observed that often, people tend to dislike risk (economists say that people tend to be "risk-averse"). For example, consider two Gambles X and Y. Gamble X involves a prize of $1 with ...
user8677
5
votes
1
answer
269
views
Libertarian "thought experiment" about planned economy
I once stumbled upon a text from a libertarian (I believe it was a philosopher) setting out a thought experiment to show that even a planned economy run by "omniscient bureaucrats" would produce ...
- 303
3
votes
1
answer
1k
views
Philosophy of Chankya/Kautilya [closed]
I have heard and also read a little that in 500 B.C. an Indian genius Chankya, caused the fall of Magdha empire, and made a street guy The king named Chandragupta. He was an exceptional strategist and ...
1
vote
3
answers
268
views
Why does the concept of the division of labour put forth by Adam Smith continue to be analytically significant?
Is it because the modernity is defined through the extent of division of labour?
Also, how tightly has this concept integrated with our current society and how is it affecting it? What measures can be ...
- 11
0
votes
3
answers
179
views
The culture industry and division of labour
The division of labour is the specialisation of cooperating
individuals who perform specific tasks and roles.
It is thought of as perhaps supremely alienating by Marxists, though I never found out ...
user6917
6
votes
5
answers
3k
views
What is an example of human labour being the exclusive source of surplus value
Marx's labour theory seems to define surplus value as being produced exclusively from human labour. One discussion of this concept stated:
Machinery, and tools of production do not create surplus ...
- 163
5
votes
4
answers
246
views
How to approach the study of PPE for the non-academic layman?
I'm a non-academic type (I left school at 16) who is also dyslexic with attention deficit problems. I've recently become interested in the study of philosophy, politics and economics (To answer ...
- 153
4
votes
5
answers
2k
views
Why is taxation opposed by libertarians?
I have recently learnt that taxation is opposed by libertarians and that they the cite the principle of self - possession to justify this, an interesting argument along these lines equated taxation to ...
- 141
3
votes
3
answers
214
views
Economics, State and Violence
I think it was the continental sociologist Weber who defined a State as that organ of a nation that has a monopoly of violence.
Economics, at least what minute fraction I know, appears to ignore ...
5
votes
1
answer
127
views
The mass surveillance of price and the invisible hand?
In Hayeks Road to Serfdom, he distinguishes between central planning & decentralised planning. And states that decentralised planning makes the most sense, since the available information is too ...
6
votes
6
answers
2k
views
Whats the difference between fixed and constant capital?
Rosa Luxembourg in The Accumulation of Capital describes & investigates the constant and fixed capital of Marx & Smith respectively.
With Marx, she says Constant capital is the value ...