Angel ’s Reviews > 23 Things They Don't Tell You About Capitalism > Status Update

Angel
Angel is on page 124 of 286
Feb 19, 2011 10:26AM
23 Things They Don't Tell You About Capitalism

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Angel
Angel is on page 221 of 286
What do you know: "A well-designed welfare state can actually encourage people to take chances with their jobs and be more, not less, open to changes."
Feb 19, 2011 01:59PM
23 Things They Don't Tell You About Capitalism


Angel
Angel is on page 217 of 286
"Equality of opportunity is meaningless for those who do not have the capabilities to take advantage of it." So, the conservative mantra of make it on your own, pull yourself up is a load of crap if opportunities are actually unfair (hungry children, stagnant wages, so on--you know, problems they conveniently gloss over or flat out deny).
Feb 19, 2011 01:55PM
23 Things They Don't Tell You About Capitalism


Angel
Angel is on page 199 of 286
On regulation, which you need to have: "what matters is not the absolute amount of regulation, but the aims and contents of those regulations."
Feb 19, 2011 01:25PM
23 Things They Don't Tell You About Capitalism


Angel
Angel is on page 189 of 286
Guess what? Education by itself is not going to make a country richer. Sure, education is good, but thinking that education by itself will make a nation more productive by itself is just asking for failure. Time to rethink the higher education obsession (the "everybody has to go to college" syndrome).
Feb 19, 2011 01:01PM
23 Things They Don't Tell You About Capitalism


Angel
Angel is on page 165 of 286
Why microcredit/microfinance is not a panacea.
Feb 19, 2011 12:27PM
23 Things They Don't Tell You About Capitalism


Angel
Angel is on page 160 of 286
So when Americans say that poor nations lack entrepreneurs, they are full of shit. Poor countries have more entrepreneurs than rich nations. An American businessman, if he had to manage a small company in Maputo or Phnom Penh, would not last a week.
Feb 19, 2011 12:17PM
23 Things They Don't Tell You About Capitalism


Angel
Angel is on page 154 of 286
Guess what? Making rich people richer DOES NOT make the rest of us richer. A good explanation presented (as if current evidence was not enough). Now on to the fact that American CEO and top managers are overpaid (and mostly suck compared to others around the world).
Feb 19, 2011 11:56AM
23 Things They Don't Tell You About Capitalism


Angel
Angel is on page 137 of 286
Feb 19, 2011 11:16AM
23 Things They Don't Tell You About Capitalism


Angel
Angel is on page 109 of 286
Great line: "In other words, the higher purchasing power of average US income is bought at the price of lower income and inferior working conditions for many US citizens." And those citizens keep voting for the asshats who keep exploiting them too. Talk about a wrong picture.
Feb 18, 2011 02:09PM
23 Things They Don't Tell You About Capitalism


Angel
Angel is on page 108 of 286
What do you know? The U.S. does NOT have the highest standard of living in the world. This chapter is worth reading. So far, this is a very good book.
Feb 18, 2011 02:01PM
23 Things They Don't Tell You About Capitalism


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