Author: kokki_boys
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Financially Rational but Productively Irrational
How Unequal Credit Distorts Competitive Survival Banks and other financial institutions—indeed, lenders in general—lend cheaply to large capital and expensively to small capital. From the standpoint of finance, this is rational: large borrowers appear safer, small borrowers riskier. But once this financial logic enters production and competition, it produces outcomes that are irrational for productive…
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Marxist Philosophy -1
I. THE FUNDAMENTAL QUESTION OF PHILOSOPHY“The question of the relation of thinking to being, the relation of the spirit to nature” (lfecgp) is what Engels identifies as “the paramount question of the whole of philosophy” (lfecgp). This fundamental question divides all philosophers into two great camps, and the answer given determines the entire character of…
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Marxist Philosophy - 2
II. THE OLD METHODS OF THOUGHTA. IdealismIdealism asserts that spirit, thought, or the concept is the primary reality from which material existence derives. In its most developed form, idealism holds that “thinking and its thought-product, the idea, is here the primary, nature the derivative, which only exists at all by the condescension of the idea”…