J.R.’s Zaphne Blog News for 07-13-2018

Capitalism and Free Markets are One Gigantic Lie

Distributive Justice Principles

For Other Distributive Justice Approaches Altruism is being unselfishly devoted to the welfare of others. Communist distributive justice is when each person contributes according to ability and each person receives according to need. Democratic socialist, also known as welfare democracy, distributive justice has a system of social insurance to help people who are disadvantaged. It incorporates free-market principles in producing goods and services with general principles about compassion and concern for others. Egalitarian pluralism distributive justice is when everyone has a say in decisions and no person feels they will be injured by choices made by the group. 

The writings of John Rawls, A Theory of Justice discusses this approach to distributive justice. Laissez-faire capitalist distributive justice is when people, businesses, and corporations act based on their individual self-interest for their own benefit. Libertarian distributive justice is where each person is responsible for their own future no matter what happens. State or national capitalist distributive justice is when government operates the nation’s industries to maximize profits. State socialist distributive justice is a system where the government or a central authority controls the production of goods and services. 

Examples: The corporate buyouts of the 1990s in the United States. Utopian socialist distributive justice is when members of a community put the means of production in collective decision making structure. 

Keywords: [“Justice”,”Distributive”,”Examples”]
Source: https://oregonstate.edu/instruct/anth484/wpdjp.html

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Eugene Victor Debs is one of the most famous(perhaps even the most) Socialist in America. He was a union leader and a founding member of both the International Labor Union and the Industrial Workers of the World. He helped to found the American Railway Union, the largest union of it’s time. His beliefs turned to Socialism after he read the work’s of Karl Marx. Victor Berger was the man who gave him a copy of Marx’s works. 

He influenced the American Socialist Party greatly and won the nomination of it five times. This lead him to protest against the American involvement in WW1. Eugene Debs was born on November 5, 1855, in Terre Haute, Indiana to parents Jean Daniel and Marguerite Marie Bettrich Debs, who both immigrated to the United States from Colmar, Alsace, France. He dropped out of High School at the age of 14 to work as a painter. Debs became involved in the Pullman Strike in 1894, which grew out of a compensation dispute by the workers who constructed the train cars made by the Pullman Palace Car Company. 

The workers, many of whom were already members of the American Railway Union, appealed to the Union at its convention in Chicago, Illinois for support. Not many of those schooled in old-party politics have any adequate conception of the true import of the labor movement. They utterly fail or refuse to see the connection between labor and politics, and are woefully ignorant of the political significance of the labor movement of the present day. 

Keywords: [“union”,”Labor”,”work”]
Source: http://socialism.wikia.com/wiki/Eugene_V_Debs

Management advice from LinkedIn CEO Jeff Weiner

Justin Sullivan/Getty Mike Gamson is one of LinkedIn’s top executives. As the SVP of Global Solutions, Gamson is in charge of the global talent, marketing, sales, and learning teams, making him responsible for about half of LinkedIn’s roughly 10,000 employees. It was the end of 2008, and LinkedIn founder and chairman Reid Hoffman had replaced his chief executive Dan Nye with Weiner, who had been an EVP at Yahoo. Nye was a close friend, mentor, and former boss to Gamson, and had recruited him to the professional social network company a year earlier. On top of that, Gamson was dealing with the stress of a new baby at home coupled with constant cross-country travel. 

After a warm greeting, Weiner asked him what type of leader he aspired to be. That’s when Weiner told a parable told by the Dalai Lama. While that may sound like a stereotypical Silicon Valley CEO move, the ensuing two-hour conversation fundamentally changed the way Gamson would go on to manage. This isn’t all about feelings, Gamson explained – it’s also just good business. The two executives met to discuss how they should negotiate the deal, and Gamson asked how they could get the most out of it. 

Gamson would not reveal the client’s name but noted the relationship is healthy and still exists. That day he met Weiner – the day he initially approached uneasily – changed Gamson’s career. 

Keywords: [“Gamson”,”Weiner”,”deal”]
Source: http://www.businessinsider.com/management-advice-linkedin-jeff-weiner-2017-3

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Source: http://cscout.de/compassionate/capitalism/compassionate_capitalism…

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