To „sinn“ or not to „sinn” – that is the question

Since the old Babylonians looked up to the stars, man has been thinking about the future, trying to read it from tea leaves, from the livers of sacrificial animals or derive it from the stars of the zodiac. Nowadays, we tend to be more modest: at most we ask what will happen in the next ten to twenty years – for example, how people will judge the Merkel era after her successor occupies her position. To „sinn“ or not to „sinn” – that is the question weiterlesen

Capitalism, Wealth, and Power

The current moaning about neo-liberalism, tends to obscure the fact that the last two hundred years have seen nothing less than the greatest progress in human history, provided, of course, that we are willing to define progress in a purely material way. Capitalism, Wealth, and Power weiterlesen

The Meaning of Economic Philosophy

In ‘The Open Society and its Enemies’, Karl Popper strongly defended the position that major interventions in the economy, especially when ideologically motivated, are usually disastrous and should therefore be avoided. The Meaning of Economic Philosophy weiterlesen

Electromobility – When the wish is the father to the thought …

„The car of the future has a problem: there is no tank, only a bulky battery, which weighs several hundred kilograms but delivers no more energy than a few petroleum bottles. The car of the future does not need a filler neck. It draws its food from a cable. And this process is about as fast as filling a canister with a doctor’s syringe“. Electromobility – When the wish is the father to the thought … weiterlesen

Good Governance: Let it be ecosocial!

To leave nature to our children and grandchildren undestroyed by the ever more weighty ecological footprint of present generations – within Europe, this demand meets with broad understanding. Nowadays there is little doubt that the steady increase in the consumption of resources wreaks havoc on the world’s natural resources, even as the residuals of industrial production tend to pollute air, water and soil to an ever-increasing worldwide scale. Good Governance: Let it be ecosocial! weiterlesen

Europe’s political madness

Wheat is still wheat, and pigs are pigs – that’s the difference with regard to computers, mobile phones or even cars, where every generation of products is subject to perpetual innovation. In essence, nature has created the pig (once this used to be God’s prerogative), since even the interferences of breeders are still rather limited. The so-called progress of agriculture is therefore almost exclusively due to the fact that pork, wheat, milk, and so on get cheaper. Europe’s political madness weiterlesen

Neoliberalism: Death of a pseudo-science

Ten logical objections and empirical arguments against persistently held dogmas in current economics

The principle of neoliberalism may be summarized in the following formula: The best way of guaranteeing a maximum performance for the economy is to keep government entirely out of its sphere. Its role should be confined to ensure the safety of personal property, which it does by using police and justice to this very purpose. Neoliberalism: Death of a pseudo-science weiterlesen

Wealth without growth – Why the current economic system is incompatible with sustainable development

Since 1972 when the Club of Rome first invoked the dramatic consequences of unlimited growth, global awareness as to the relationship between growth and environmental destruction has been considerably sharpened. Growth is no longer considered a boon pure and simple. Ecological minded people start to make a difference between positive and harmful growth. Of course, growth itself is no evil. Wealth without growth – Why the current economic system is incompatible with sustainable development weiterlesen