Why is a focus on the bottom line literally a race to the bottom?

The race to the bottom is a socio-economic phrase which is used to describe government deregulation of the business environment or taxes in order to attract or retain economic activity in their jurisdictions. An outcome of globalization and free trade, the phenomenon may occur when competition increases between geographic areas over a particular sector of… Read More

Is CORRUPTION the invisible hand of the free market?

In my search for understanding of why life-capital at the planetary and social levels of life organisation are being spoiled and deprived while money-capital in terms of the money indices like the global GDP and stock markets continue to increase over time, I am beginning to believe that we have a global corrupt system in which public… Read More

Expanding our Public Health System to include Collective Life-Capital Health

“Natural capital’ is an understandable attempt to put a value on our living planet and all the services it provides for us, writes John McMurtry. But it fails by measuring nature in dollars and cents. We need to develop a new concept of ‘life capital’ that must be preserved from exploitation and degradation no matter… Read More

Taking stock of our life capital and life goods and their decouplings

https://ohhaitrish.files.wordpress.com/2012/02/study.png In Professor John McMurtry’s article entitled, ‘The “Cancer Stage of Capitalism”: The Ten-Point Global Paradigm Revolution‘, life capital is explained as follows: “…The moving line of the war of liberation begins with what we are able to control, our own lives. Here we can recognise that every value we enjoy, lose or gain has a bottom… Read More