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Is giving a gift more morally decent than contracting an exchange?

I ask this question in part because of my recent experience with crowd funding, the idea behind crowd funding is to support some ones idea, project, or invention by giving them some money. They may promise to give a gift in return but there is no contractual agreement to provide a product or service in return for the financial contribution. The …

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Why the rich get richer and the poor poorer

Luck determines the winners and losers of society, not merit or hard work. Those that start out with more get more, and those that start with little often fall through the gaps.   Inequality is not only caused by the human inventions of rent, profit and interest but also by a quirk of the economic system which means that if …

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Computers are taking our jobs – again

There’s been a lot of chatter in the media recently about AI (Artificial Intelligence), mechanisation, and driverless cars taking all our jobs. I’ve heard this before in the 80’s but it didn’t happen. Why?   There is new evidence everyday that human labour is just not necessary anymore. Adidas has created its first fully mechanised shoe factory in Germany. Driverless …