Tag: externalities

  • Capitalism as a “Mental Technology”: From Bastos to Hartmut Rosa and the social capital theories

    One of the most intensive defenses of capitalism I have recently heard comes from Miguel Anxo Bastos. In several conferences and interviews, he presents capitalism not merely as an economic system, but as a kind of “mental technology”: a way of seeing the world rationally, systematically, and productively. In his account, capitalism emerges from habits…

  • Rational choice and spatial based solidarity problems

    “Strategies that are rational at the level of the individual can lead to unintended consequences or suboptimal outcomes at group or society level, thereby creating solidarity and inequality problems” Source @socioloxia This is The general definition of #marketfailure . Fascinating topic — Rafael H. M. Pereira 🚡 Urban Demographics (@UrbanDemog) January 21, 2016   @UrbDemogrphics…