Sep 21, 2016 Comments Off on Marginal productivity theory
This chapter of Credo, by Brian Davey, describes the “marginal revolution” of neoclassical economics. The idea of marginal productivity and payments to “factors of production” was developed for ideological reasons to counter thinkers like Marx and George. The theoretical framework learned by generations of students is contradicted by the evidence. The ideas of capital and land in neoclassical economics are incoherent.
Sep 06, 2016 Comments Off on Who are the parasites? The radical implications of classical economics
Aug 30, 2016 Comments Off on Ecocide for climate safety: Setting up a system to Keep It In The Ground
Aug 14, 2016 Comments Off on Fantasies of “Socialism with an iPad”?: Inventing the Future by Nick Srnicek and Alex Williams: Review
Jul 31, 2016 Comments Off on The centrality of externalities to economic thinking
Brian Davey argues in Credo that what economists call “externalities” are not unusual or a special case, they are ubiquitous. They are rooted in private property and the relationships of market society. The way in which non market societies protect bio-diversity through totem arrangements is described.
Jul 22, 2016 Comments Off on The “regulation” of unconventional gas
This presentation by Brian Davey, made in July 2016 on behalf of Frack Free Notts, outlines the problems with the regulatory structure for unconventional gasfield development in the UK. It discusses the problem of “regulatory capture” by the industry, deceptive PR, the selective recognition of ‘experts’ and siloing of different aspects of safety (such as the environment and health).
Jul 13, 2016 Comments Off on Designing an Intentional Currency
Jun 30, 2016 Comments Off on Economics in Darwinist mode – the competitive struggle for existence
Improved competitiveness is a major goal of virtually every nation and trading bloc in the world. Both sides in the Brexit debate claimed that Britain would become more competitive if they prevailed. But where does this glorification of competition come from? Does it reflect fundamentals of human nature, or does it stem from a quasi-religious dogma that goes largely unquestioned? Brian Davey explores the roots of the obsession with competitiveness, and its knock-on effects, in a chapter of his book Credo.
Jun 11, 2016 3 Comments
Brian Davey explores the decision of Ineos, one of the world's largest chemical companies, to promote fracking. The Ineos majority shareholder, Jim Ratcliffe, claims fracking could regenerate northern Britain despite evidence that the strategy is "a mirage that would lead to a mountain of debt and a mountain of garbage".
Jun 05, 2016 Comments Off on Tackling climate, poverty and inequality together: managing the share in CapGlobalCarbon on a global level
May 29, 2016 Comments Off on Consumerism, Collective Psychopathology, Waste
This chapter of Credo by Brian Davey discusses conspicuous consumption and the consumer society, branding and the manufacture of wants. The role of advertisers is explored as well as the way that attention grabbing has become an economic sector that affects the quality of life radically and for the worse.
May 20, 2016 Comments Off on CapGlobalCarbon, Keep It In The Ground and the divestment campaign
May 14, 2016 Comments Off on Labelling as a stepping stone to zero fossil fuels