Sunday, August 10, 2008

random points

  • real purpose of socialism = overcome and advance beyond the
    predatory phase of human development (Albert Einstein)
  • free market = an excellent mechanism for balancing supply against demand. If it’s too cheap, it gets wasted, scarcity occurs and prices rise until a balance is reached.
    Similarly if it’s too expensive, no one buys so prices come down (suppliers must sell to
    stay in business) until people start buying again. A balance is reached. (Peter Wallace)
  • economic anarchy of capitalist society = as it exists today is the real source of the evil
    (Albert Einstein)

DS 112 recorded speech (alternative theories and approaches)

Present a recorded 3-minute speech about your assigned topic. Situate it in the context of the Global South. Provide an appropriate title. P...