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On Capitalism

“What the advertiser needs to know is not what is right about the product but what is wrong about the buyer.” — Neil Postman Capitalism is an economic system based on private ownership of the means of production, wage labor, and the pursuit of profit, where the market regulates production and prices through the law […]

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On Capital

The word capital derives from the Latin capitālis (“relating to the head”), which in turn comes from caput (“head”). Its use dates back to Classical Antiquity and Prehistory, times when a person’s wealth was measured by the number of head of cattle they owned. Cattle were one of the first and most fundamental assets in

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Sobre Capital

A palavra capital deriva do latim capitālis (“relativo à cabeça”), que por sua vez provém de caput (“cabeça”). O seu uso remonta à Antiguidade Clássica e Pré-História, épocas em que a riqueza de uma pessoa era medida pelo número de cabeças de gado que possuía. O gado foi um dos primeiros e mais fundamentais ativos

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On Football

Half of the world’s population are football fans. However, there are countries where this statistic is hard to understand. The most popular sports in certain regions of the world are cricket, basketball, ice hockey, and rugby, or, if you happen to be American, Australian, or Irish, another type of football entirely. If you aren’t a

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Sobre Futebol

Metade da população mundial é fã de futebol. No entanto, há países em que esta estatística é difícil de digerir. Os desportos mais populares em certas regiões do mundo são o críquete, o basquetebol, o hóquei no gelo e o râguebi, ou, no caso de seres americano, australiano ou irlandês, outro tipo de futebol. Se

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On Property I

The most radical economic concept or theory I have ever read is set out in Pierre-Joseph Proudhon’s book, What is Property? Before explaining why I consider it to be so radical, I need to explore the concept of property in more depth. Property is the legal right that a person has to use, enjoy, dispose

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On Crime

“Not all psychopaths are in prison. Some are in the boardroom” — R. D. Hare When I was a child, I remember my father turning on the National Geographic channel on weekends. These programs allowed me to observe a reality I wasn’t used to. Beyond the moments of beauty and landscapes that only nature can

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