Tag: economics

  • Economized Spaces

    Economized Spaces

    I’ve spoken briefly about working on a theory of economized and non-economized spaces before. This is where I’m going to explain what I mean by all that. This article is going to be fairly abstract, largely because I have not found the kind of evidence that I really want yet. What I was hoping to…

  • The Joy and Duty of Expropriation

    The Joy and Duty of Expropriation

    “Expropriate” is one of my favorite words. It has a distinct communistic air about it, being used so frequently to described robberies as conducted by Stalin, and then to state seizures conducted by the Soviets and by the Chinese communists. It brings to mind horror and revolution; horror for the haves, revolution for the have-nots.…

  • What Is Capitalism?

    What Is Capitalism?

    What is the point of all this? The point is to be able to come to some sort of understanding of what capitalism means so we can understand the political implications and effects it has. We tend to be presented with capitalism as only partly political because it is so strongly associated with money. Because…

  • What Happens When a Country Defaults?

    What Happens When a Country Defaults?

    If a ruler wants to get something done, they need to give orders. Personally, there are four types of orders: suggestions, directions, requests, and purchases. On a society-wide mechanistic level, these become two types: decrees (orders without the expectation of repayment, which includes suggestions and directions) and requisitions (orders with the expectation of repayment, which…