Minister supports murder

At Cheruti has a post about Union Labor Minister Oscar Fernandes’ statement on the lynching of LK Chaudhary, CEO of Graziano Trasmissioni. Chaudary was beaten to death by a group of dismissed employess inside the premises of his own company.
The minister said “This should serve as a warning for the managements. It is my appeal to the managements that [...]

Sustainability of Capitalism – Applied Philosophy – 4

In view of the fact that the United States political/economic system has turned into a mostly illiberal and highly regulated democracy, the question “Is capitalism inherently unsustainable?” deserves attention.
Politically, capitalism is a form of social organization based on the recognition of individual rights. Economically, it is a system where owners of capital exercise their property rights to trade [...]

Book Review: Practising The Power Of Now

I recently started reading the book “Practising The Power Of Now” by Eckhart Tolle. Here are a few excerpts from the first few pages.
The word enlightenment conjures up the idea of some superhuman accomplishment, and the ego likes to keep it that way, but it is simply your natural state of felt oneness with Being. It [...]

The end of Capitalism?

In the wake of the collapse of financial markets, a number of people are asking “Is this the end of capitalism?” But what is capitalism? Are the current political/economic systems really capitalist? Here is a dictionary definition of capitalism:
an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and [...]

Specialization – Applied Philosophy – 3

In an essay titled “Why Nerds are Unpopular?”, Paul Graham writes that life in elementary school is warped and savage because it is isolated from reality and identifies specialization as the reason for the isolation.
“Teenage kids used to have a more active role in society. In pre-industrial times, they were all apprentices of one sort or [...]

Announcement – The Undercurrent

The Undercurrent (TU) is an independent, student-run Objectivist newsletter distributed twice a year to college campuses across America. TU is currently looking for distributors and donors for its fall edition, and will stop taking orders on or about September 22, 2008.
If you would like to distribute, please visit http://the-undercurrent.com/subscribe/ and buy your copies of TU [...]

Property Rights and Philosophy – Applied Philosophy – 2

In an eminently readable article in The Objective Standard, Raymond Niles presents the history of the electric grid in America, the formation of state enforced monopolies and the unending stream of problems that has plagued the industry ever since. The thesis of his article is that the problems would not have arisen if the property [...]