The system we live in attributes a monetary value to the goods and services we produce. We are rewarded, being paid, for the goods we manufacture, the services we provide to other people. The value attributed to those goods and services is relative to and regulated to a certain extent by the supply and demand of those goods and services.
#Economy
Yanis Varoufakis, Global Financial Markets Forum, March 2016
It's time for change, real change
The race to the bottom in terms of economics is one for attaining the lowest cost, whilst retaining or increasing the highest margin of profit. Who is profiting from this race and at whose expense? Is it sustainable? What forces drive the race?
Are we able to re-think ourselves?
The global warming debate keeps on popping in and out of our news headlines. It involves us all, yet not all of us are involved. Why? Watch this UK Channel 4 documentary from 2007 for an alternate take on global warming.
Should we believe the hype or take issue with it?
Credit rating agency Standard and Poor's (S&P) has downgraded South Africa's rating to 'junk' status, as the country's currency continued to slide following a major cabinet reshuffle. Let's discuss the value and merits of being labeled 'junk'.
Privatizing the profits, socializing the losses
The added complexity of markets requires not only specialized skills but also fine-tuned morals from the people involved. When the profits are privatized and the losses are socialized, you should know something is wrong.