We The People of the United States have come together with a defined set of six shared values: a more perfect union, justice, domestic tranquility, defense, welfare and liberty. (See Foundational Values: A More Perfect Union).
Our chosen economic system, Capitalism, must serve those values. Does it? Currently, no.
A common understanding of capitalism is that it will do exactly that if the “invisible hand” of the market is operating effectively. Given the assumption that people are created equal, in an effective market-based system, we should expect a natural distribution of wealth. Such as this:
How Are We doing?
Compare that ideal to reality. Here’s our current distribution of wealth:
- Definition of Intelligence
- The Primacy of Trust
- Finding The I in We
- Article: How Politics Makes Us Stupid
- Alan Turing, Transforming the System of Government
- The Opportunity & Danger of New Faith
- Human Dignity Requires Equality of Economic Opportunity
- Destroying Plato’s Theory of Forms
- Rilke On The Nature of Two Distinct Beings
- On Transcience by Sigmund Freud
- The Chosen Interlocutor
- We Hold Onto Each Other a Little Harder…
- The Value of Discontent
- Freedom OR Democracy?
- Honest Disagreement…
- A Must Read: A Plutocracy Ruled by Self-Centered Jerks
- A Book Tour: Foreign by Sonora Jha
- Dan Savage in Conversation with Andrew Sullivan
- The Costly Effects of Economic Inequality
- Makers, Takers, and the Future of American Economics
- Timothy on Makers, Takers, and the Future of American Economics
- Timothy on How To Interview Mitt Romney About Racism
- Timothy on On Satchels and Sexuality