Archive for February, 2009
It has often been said, quite convincingly, that capitalism cannot survive without some sort of a “spirit” on top of it. But what kind of a spirit is this? You can see there in that video some business school kids getting some fairly effective doses of moral integration that will make their corporate fate more [...]
The initial hearing of Duch, the first out of five “senior Khmer Rouge leaders” to appear as defendants in front of the Extraordinary Chambers in the Courts of Cambodia (ECCC), started this week. To some, this is an occasion to ask a question of political arithmetics: why five only? And why should this one go [...]
Nassim Taleb and Nouriel Roubini (formerly economists, now financial sociologists, apparently) have set a Facebook group in order to call for a socialization of finance. Their motto on how bonuses are the crux of “a situation in which profits were privatized and losses were socialized” looks like it is coming straight from Olivier Godechot’s book. [...]