Smart Links 16 July 2012

Commentary on how money makes you mean, the revival of Marxism, how Shakespeare prevented a bloodbath, and musing about the next speaker of the House in BC.

It seems money and empathy don’t match.

New York Magazine -- The Money-Empathy Gap
New research suggests that more money makes people act less human. Or at least less humane.

Marx 2.0. (ed’s note – capitalism is not the problem it’s what we let it do to us).

Guardian -- Why Marxism is on the rise again
Capitalism is in crisis across the globe – but what on earth is the alternative? Well, what about the musings of a certain 19th-century German philosopher? Yes, Karl Marx is going mainstream – and goodness knows where it will end.

Related.

New York Review of Books -- Who Was Milton Friedman?
The history of economic thought in the twentieth century is a bit like the history of Christianity in the sixteenth century.

Let us be sacrificers, but not butchers.

Financial Times -- To kill, or not to kill?
Many of us turn to Shakespeare’s plays and poems for pleasure. But for political prisoners in apartheid South Africa, his work served a more urgent purpose.

Planning the takeover.

Straight Arts -- Adrian Dix should avoid an easy choice for speaker and get his MLAs to appreciate the arts
With the B.C. Liberals disintegrating, it's time to cast eyes on the next B.C. NDP government.

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Twin Virtues: Inequality of Outcomes & Equality of Opportunity©

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Ultimately, the most successful societies find the balance between the twin virtues of inequality of outcomes and equality of opportunity.
 
The new politics must marry the twin virtues of unequal outcomes and equality of opportunity.
 
When too few get too much everybody ends up with less.
 
Can it be that striving for equality of opportunity however imperfect the process not only benefits the individual but also creates benefits for the society as a whole that are unintended but wonderful?
 
Economics must be a 'moral enterprise' as much as politics claims to be. Economic outcomes need to be framed in terms of right and wrong not just efficiency if only because these often align in surprising ways.
 
My vision of Canada is that any Canadian child from a family of limited circumstance can expect to have a chance at lifetime of unlimited opportunities.
 
Tax policy should be founded on the principle of generating steady tax revenues sufficient to maximise environmentally sustainable economic growth in order to fund fair government.
 
Public policy should be designed to decrease inequality before the law and increase equality of opportunity.
 
Capitalism is not the problem; the problem is what we do with capitalism.
 
Content is always more difficult to argue than conspiracy.
 
Let the state regulate and the market operate (most things).
 
Welfare strategies are best designed as a hand up not as a hand out.
 
Political debate should not be fact free fighting.
 
Explanation lasts longer than eloquence.
 
Always favour empowerment over dependency.
 
The most enduring public figures are embraced for the causes they fought for and not the concept of themselves they hoped others would remember them by.
 
Find your voice and don't be the echo of somebody else.