Tag Archives | exploitation

Collectivist Capitalism vs. Compassionate Capitalism

AdamSmithGary Clifford Gibson writes at Another Working Blog in the Submergent Plutonomy:

This is actually a fairly simple distinction. Capitalism that grows from an individual or family’s personal work building assets without exploiting other people is compassionate capitalism, while the impersonal stock investment, M.B.A. networking trans-national globalism business approach is collectivist. The collectivists are cold-blooded while the small time capitalist is compassionate and cares about his own work and building up of resources.

Adam Smith, the modern spiritual founder of capitalism, wrote largely in support of compassionate capitalism inclusive of trade. There weren’t the sort of large-scale networked corporations in existence in his day that built up huge global capital advantages and leveraging monetary sophistication. It is quite a stretch to transmogrify The Wealth of Nations into a support for absolute abstract modern business practices and monetary policy. One must be disingenuous to extend Smith’s Wealth of Nations so far as that.

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HuffPo Just Discovered ‘Real’ Vampires

In what must be a shock to some small percentage of people born after 1989, the Huffington Post offers this “shocking” report on a “real-life” vampire couple. Undead? Try unintentionally hilarious.

Benninghoff, 20, met Draven, 38, on a dating website this past February and, while both were into the gothic lifestyle, he wanted a more intimate relationship.

“When he explained that blood sharing would bring us closer together, I asked him to turn me,” Benninghoff said, according to the Daily Star. “Aro cut himself with a razor and offered me his blood. Then I cut myself and he drank from me too. Suddenly I felt the energy rushing through me. It was a magical experience –- much more intimate than sex.”

With a connection like that, it would be silly not to tie the knot so the couple is planning a wedding on Halloween, Hir24.hu reported.

But they haven’t yet told Benninghoff’s parents that her daughter has “converted” to vampirism.

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The Commercial Sexual Exploitation of Boys in the US

Picture: Khotan (CC)

Picture: Khotan (CC)

Cameron Conway posts at the Good Men Project:

On 30 March 2013, ECPAT-USA, a policy organization that fights against the commercial exploitation of children, released a groundbreaking and desperately important report titled “And Boys Too.” The entire report can be downloaded as a PDF directly from their website. Here are some take-home points:

(1) “Most significantly, responses from service providers clearly indicate that the scope of CSEB (commercial sexual exploitation of boys) is vastly under reported, that commercial sexual exploitation poses very significant risks to their health and their lives; that gay and transgenders are over-represented as a proportion of the sexually exploited boys; and that there is a shortage of services for these boys.”

(2) “The John Jay College and the Center for Court Innovation study The Commercial Sexual Exploitation of Children in New York City in 2008 estimated that as high as 50% of the commercially sexually exploited children in the U.S.

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Underground Sweatshop City Uncovered In Moscow

Russian police just raided a secret underground city beneath Moscow inhabited by hundreds of illegal immigrant workers employed making clothing at rows of sewing machines. The subterranean world, where the workers were allegedly kept by lock, had no natural light but did have a market, cafe, chicken coop, casino, and movie cinema. What a metaphor for our economic structure:
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