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Peer2Politics
on peer-to-peer dynamics in the field of politics, economics and institutions
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Synopsis | Beyond Market And Government: Influence Of Ethical Factors On Economy

BOOK REVIEW OF YOUR FAVORITE BOOK =--- Where to buy this book? ISBN: 9783662442531 Book Review of Beyond Market and Government: Influence of Ethical Fact...
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The Inequality Trap Distracts from the Real Issue of Freedom

The Inequality Trap Distracts from the Real Issue of Freedom | Peer2Politics | Scoop.it
A new book by French economist Thomas Piketty on "Capital in the Twenty-First Century" has recently caused a major stir on the opinion pages of newspapers and magazines. Piketty has resurrected from the ash heap of history Karl Marx's claim that capitalism inescapably leads to a worsening unequal distribution of wealth with dangerous consequences for human society.
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Want a Fair Society? Keep Tech Out of the Free Market - Wired

Want a Fair Society? Keep Tech Out of the Free Market - Wired | Peer2Politics | Scoop.it

The free market model for society has its roots in 18th-century notions of natural law: the idea that humans are self-interested and self-commanded and that they relentlessly seek to gain from the exchange of goods, assistance, and favors in all social transactions. Open competition for such theoretical individuals is a natural way of life, and if all the costs (e.g., pollution, waste) are taken into account, then the dynamics of open competition can result in an efficient society. As Adam Smithexplained:

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The market is failing public services. What’s the alternative? | Compass

The market is failing public services. What’s the alternative? | Compass | Peer2Politics | Scoop.it

A new NEF working paper, out today, sets out an alternative to the market that looks beyond top-down control: shifting power away from private companies, towards citizens and frontline staff. These are the people who are most likely to care about securing high quality services, delivered on the basis of fairness and equality. What’s more, when you work in or use services, day in, day out, you get a real sense of what’s working and what needs to change.

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Uber's Algorithmic Monopoly: “We are not setting the price. The market is setting the price. We have algorithms to determine what that market is.”

Uber's Algorithmic Monopoly: “We are not setting the price. The market is setting the price. We have algorithms to determine what that market is.” | Peer2Politics | Scoop.it

Uber of course is a cab service that lets you order a cab from your smartphone via an App. It’s really neat, you get to watch the cab approach on a map, the payment is automatically applied so you don’t have to even deal with the transaction itself. The company is now taking its approach to logistics, and moving to ‘disrupt’ the delivery industry as well, competing with courier services, UPS, Fedex, and the Post Office. It’ll be interesting to see what happens there.

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Michael J. Sandel: Markets and Morals (Complete)

Michael J. Sandel: Markets and Morals (Complete) | Peer2Politics | Scoop.it
Political philosopher Michael J. Sandel gives a talk based on his recent book "What Money Can't Buy: The Moral Limits of Markets," following introductory remarks by Bunty Chand and Homi Bhabha.
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