Part 2 of a Discussion of Peter Foster’s Why We Bite the Invisible Hand Chapter 17 “Bill Gates and the Pitfalls of Philanthrocapitalism” Foster next turns to Bill Gates’ call for a “creative capitalism” that he saw as a new form that would merge the ideas of caring for others…
Tag: Corporate Social Responsibility
Why We Bite the Invisible Hand
Corporate Social Responsibility Is Irresponsible
Part 2 of a Discussion of Peter Foster’s Why We Bite the Invisible Hand Chapter 15 “Global Salvationism” Foster is flipping a popular narrative about the problem of big business on its head in this part of the chapter. Such fears have led to calls for Corporate Social Responsibility (CSR), but it…
Why We Bite the Invisible Hand
Beyond Good Intentions: We Need to Be Saved from the Saviors of Global Salvationism
Part 1 of a Discussion of Peter Foster’s Why We Bite the Invisible Hand Chapter 15 “Global Salvationism” In an earlier chapter, Foster refers to the work of economist David Henderson who developed the idea of DIYE, do-it-yourself-economics, which is a compilation of subconscious, erroneous ideas that many people hold…
Why We Bite the Invisible Hand
The Economic Denialism Built into Climate Change
A Discussion of Peter Foster’s Why We Bite the Invisible Hand Chapter 14 “Moral Climate” I find this chapter a fascinating explanation of the histrionics that surround the climate change topic. I don’t want to get into whether it is man-made or not, real or hoax, but I do want…