Sebastian Leder Macek

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Gifted a $1 trillion tax windfall from Congress, US companies pledge $2 billion for workers

Donald Trump’s presidency has been marked by turmoil, and his approval ratings are low. But US CEOs seemed eager to show their support for his first major piece of legislation, the “Tax Cuts and Jobs Act” that cleared Congress on Wednesday (Dec. 20). A clutch of big US banks and telecoms pledged to …

10 Schools of Philosophy and Why You Should Know Them

There are many famous schools of thought that you have probably heard of, but did you hear the truth or just get a caricature of the idea? <br>Read More

British Philosophy

Money's Laws of Motion

Epicurus supposed that even in the midst of the void the atoms declined slightly from the straight line, and from this, he said, arose …

Marx’s Capital at 150: an invitation to history

‘Marx was the best hated and most calumniated man of his time,’ Engels remarked in his graveside oration, because he discovered two things that …

Economics

The truth about capitalism is out as Marx’s magic cap starts to slip

A century after the rise of the Bolsheviks, the young are reading Karl Marx again – and faith in the superstitious beliefs that underpin market economies is faltering<p>Wasn’t this supposed to be the party conference in which the Tories reminded everyone of the virtues of market capitalism? “Tories …

Karl Marx

The center has fallen, and white nationalism is filling the vacuum

Racism has the power to transform both right and left.<p>In 1992, a magnetic young Democrat swept aside twelve years of unbroken Republican rule by …

How Meme Culture Is Getting Teens into Marxism

On social media, youths are seizing the memes of production to prove that continental philosophy isn't just an academic abstraction.<p>During his final year of high school, Myles was voted "Comedian of the Year," an accolade he received for being an admin on his school's Facebook meme page. Under his …

Social Media

Debt levels are now back where they were when Jim Cramer had his prophetic TV meltdown 10 years ago

Almost a decade ago, former hedge fund manager Jim Cramer went on CNBC to talk about how the market had reacted to Bear Stearns' insistence that the investment bank was <i>not</i> in trouble.<p>Everyone who saw it remembers what happened next: One of the greatest TV meltdowns of all time.<p>In the moment, Cramer …

Economics

How to Build an Autocracy

The preconditions are present in the U.S. today. Here’s the playbook Donald Trump could use to set the country down a path toward illiberalism.<p>点击这里阅读中文版本<p>It’s 2021, and President Donald Trump will shortly be sworn in for his second term. The 45th president has visibly aged over the past four years. …

Donald Trump

What Steve Bannon really wants

What does Donald Trump want for America? His supporters don’t know. His party doesn’t know. Even he doesn’t know.<p>If there is a political vision underlying Trumpism, however, the person to ask is not Trump. It’s his éminence grise, Stephen K. Bannon, the chief strategist of the Trump …

Political Science

A top strategist explains who — if anyone — can threaten America's status as the global economic superpower

Viktor Shvets is Macquarie's head of global equity strategy and Asia-Pacific equity strategy.<p>We recently spoke with him about who, if anyone, can threaten the United States' status as the global economic superpower.<p>This is part three of a series. Part one was a discussion on the populism that's …

Economics

Theresa May and Trump: PM shows lengths she'll go to for Britain

She endured having her hand held by the US president but it could have been worse. She got out with some self-respect intact. Not much, but some<p>The body language could hardly have been more awkward as Theresa May and Donald Trump posed for their blind date in front of the bust of Winston Churchill …

Donald Trump

Marx on Financial Bubbles: Much Keener Insights Than Contemporary Economists

While paying homage to Marx for his profound understanding of “the laws of motion of the capitalist mode of production,” most contemporary economists …

Economics

Plutocrats make it clear: Capitalism trumps democracy — why some free-marketeers actually like dictators

Some business elites and libertarians openly admit that capitalism and democracy are inherently antagonistic<p>"Capitalism is a lot more important than democracy," Stephen Moore asserted.<p>"I’m not even a big believer in democracy," he added.<p>Moore, a former member of the editorial board of The Wall …

Political Science

How statistics lost their power – and why we should fear what comes next

In theory, statistics should help settle arguments. They ought to provide stable reference points that everyone – no matter what their politics – can agree on. Yet in recent years, divergent levels of trust in statistics has become one of the key schisms that have opened up in western liberal …

Computer Science

Donald Trump's Eternal Campaign

The new president’s first actions in office suggest his style from the trail isn’t going away soon.<p>Inaugurations are America’s modern equivalents of Roman triumphs. Flanked by military and police vehicles, clad in the pomp of tradition, presidents of the United States take their solemn oaths and …

Donald Trump

Welcome to dystopia – George Orwell experts on Donald Trump

Since Kellyanne Conway spoke of ‘alternative facts’, Nineteen Eighty-Four has hit the No 1 spot in Amazon’s book sales chart. So, is the age of Newspeak here?<p>Jean Seaton: The seeds were sown during the George W Bush era<p>Reading George Orwell’s Nineteen Eighty-Four again, now, hurts. And I’m not the …

Literature

355 Words About the Best Dunk Ever

Pain and gain, by way of Nietzsche.<p>"Who can attain to anything great," Nietzsche wrote, "if he does not feel in himself the force and will to inflict great pain?" In the case of Derek Harper, a 5' 11'' point guard for Division II school Clark Atlanta, the infliction of pain brought him the ability …

Friedrich Nietzsche

We dedicated a year to self-improvement: here’s what it taught us

From brain and body to money and sex, we optimised aspects of our lives to see if self-help culture works<p>On 1 January last year we began a new research project called “Optimised”. We had published a book called The Wellness Syndrome the year before, questioning the growing pressure to become …

Weightlifting

Which Premier League managers would beat Arsene Wenger in a fight?

Jose Mourinho once said that he’d break Arsene Wenger’s face. Who could actually break Arsene Wenger’s face?<p>It's been an unusually feisty Friday morning of Premier League nonsense, as England was rocked by the revelation that Jose Mourinho, back when he was managing Chelsea, got so annoyed with …

Soccer