Confronting the Parasite Economy

Monday, July 18, 2016

The real economy delivers on the promise of capitalism.
The parasite economy relentlessly undermines it.
If, as many on the right are wont to do, we divide our nation into one of “makers” and “takers,” it’s not the working poor who deserve our derision, but the low-wage businesses that exploit them.

Nick Hanauer
May 16, 2016

http://prospect.org/article/confronting-parasite-economy

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I teach them all the good I can, and recommend them to others from whom I think they will get some moral benefit. And the treasures that the wise men of old have left us in their writings I open and explore with my friends. If we come on any good thing, we extract it, and we set much store on being useful to one another. - Socrates, Memorabilia
 
 
 
What we maintain is that in none of the problems of life can men afford to lose sight of the storehouse bequeathed to them by the ancients. In the complexus of everything which differentiates man from the brute creation, the voice of antiquity must be heard...

-H. Browne, quoted in "Classics and Citizenship" The Classical Quarterly, 1920