J.R.’s Zaphne Blog News for 05-12-2018

Compassionate Capitalism – by Sanjiv Mehta at the #India2022Exchange

Sage launches Sage Foundation to lead social philanthropy

Sage’s 2+2+2 community model sets benchmark for FTSE 100 companies. Sage today launches the Sage Foundation which sets the standard for Corporate Compassionate Capitalism around the world. Each of Sage’s 14,000 employees will be able to contribute five days per year in work time to volunteer with any non-profit organization they elect to support. The Sage Foundation will also give grants to create entrepreneurial opportunities for the young and disadvantaged within communities, as well as grants to match employee charitable donations and fundraising. The Sage Foundation has created a model of ‘2+2+2’: donating 2% of employee time each year, 2% of free cash flow* and 2 of Sage’s smart technology products for any charity, social enterprise or non-profit organization. 

This model demonstrates Sage’s commitment to philanthropic leadership in the FTSE 100. Driven by Sage’s ambition to connect its customers, colleagues and communities within an integrated model, the Sage Foundation will be open for business globally from 1st October 2015. With tens of thousands of non-profit organizations as existing Sage customers, the Sage Foundation will enhance Sage’s relationship with charity and social enterprise. Non-profit organizations will be able to apply for donated Sage One, Sage Life or X3 products, through the newly created Donation program. The Sage Foundation will benefit from Sage revenues from the non-profit sector; notionally ‘2%’ of free cash flow is equivalent to revenue gained from non-profit sector in FY2014. 

Sage has reimagined business and brings energy, experience and technology to inspire our customers to fulfil their dreams. Sage is a FTSE 100 company with 14,000 employees in 24 countries. 

Keywords: [“Sage”,”community”,”organization”]
Source: http://www.sage.com/company/news-and-events/2015/06/02/sage-launches-sage-foundation-to-lead-social-philanthropy

Compassionate Capitalism

Whenever Jan Stravers came home from the mission field, she brought crafts made by the Philipino women she worked with to sell to the churches she visited. The crafts were from family businesses that the Christian Reformed Church missionary and her husband had helped to start, and her supporting churches were among their main clients. In the 10 years that the Straverses worked as missionaries in the Philippines, they saw how small businesses can provide food, education, clothing, and a hope for the future to the poor in developing countries. After retiring from the mission field 10 years ago, Jan Stravers jumped at the chance to run International Arts and Gifts, a South Holland, Illinois, store selling handmade products made by artisans in the developing world. Slowly, the idea has been catching on among Christians that fair trade is a unique way of supporting missions and providing jobs to the world’s poor. 

Fair trade is a rapidly growing industry where companies like the Mennonite-run Ten Thousand Villages work directly with artisans in the developing world, offering better prices for handmade arts, crafts, and clothing. To be certified by the Fair Trade Federation, workers must earn enough to support their families, pay for education, and food. Fair-trade products must also be environmentally friendly and created under safe conditions, and the Western stores must commit to building long-term relationships with the workers. 

Keywords: [“work”,”Church”,”made”]
Source: https://www.christianitytoday.com/ct/2003/novemberweb-only/11-10-31.0.html

How Individuals and Corporations Participate 02/15 by Karen Rands

Karen Rands, founder of the Compassionate Capitalist Movement for Angel Investors, talks with author Mark Faust, trusted advisor to Corporate Executive Teams and author of Growth or Bust and High Growth Levers, about how individuals and corporations use Compassionate Capitalism to create wealth and grow their business. As a nationally recognized expert on Angel Investing, Karen has written the best selling book Inside Secrets to Angel Investing as a step by step guide for learning how to invest in private companies to bring innovation to the market, create jobs and create wealth for all those involved – Compassionate Capitalism. She believes busy executives can effectively diversify their portfolio to invest in entrepreneurs as a wealth creation strategy, and enjoy the passion and excitment of an entrepreneurial endeavor without incurring all the risk and challenges of being an entrepreneur. Mark’s company, Echelon Management International, works with both leaders of successfully growing companies who want to raise the bar as well as with companies in turnaround. Mark has worked with and interviewed many Fortune 500 CEO’s, hundreds of number one sales performers, and thousands of his client’s top customers. 

From this experience and insight, he discovered a corporate version of Compassionate Capitalism that is part of the pattern for success for those companies and executives. 

Keywords: [“company”,”invest”,”Compassionate”]
Source: http://www.blogtalkradio.com/karen-rands/2018/02/15/compassionate-capitalism–how-individuals-and-corporations-participate

I am a “compassionate capitalist.”

The business teaches poor/middle class how to file taxes. It’s meant as a check against corporations and rich folks getting all the breaks. It’s to level the playing field to the common person. Other capitalists who’ve seen this business model are entering the market. It works! 

In year two, we get enough customers to keep the business afloat. We level the playing field against corporations! Success! Now, any labor simply must come from overseas, paying as close to nothing as I can manage. The tax code change is good sort of! 

I don’t need new customers; the new tax code means they all have to come back for re-education! So, it works! People buy just enough to pay lobbyists, pay new accountants, keep website running, expand. I’ve made the world a better place, no doubt! The playing field between common folk & corporations is more leveled than before, surely! 

Until the next year. My business is gone, so money I paid to lobbyists to keep tax code frozen has dried up. Similar services offering tax education also dry up. Corporations pay a vastly smaller percentage of taxes than common folk. 

Keywords: [“business”,”pay”,”tax”]
Source: https://medium.com/@RickPaulas/i-am-a-compassionate-capitalist-6b80e1d643c4

J.R.’s Zaphne Blog News for 05-03-2018

Brat’s spiritual life has long been as central to his identity, even though it has also been difficult to pigeonhole. He currently attends a Catholic church, but he also identifies as a Calvinist, and he lists four churches as affiliations on his resume: St. Michael’s Catholic, Christ Church Episcopal, Third Presbyterian, and Shady Grove Methodist. He earned his bachelors from Hope College, a Christian liberal arts college in Holland, Mich., which is historically affiliated with the Reformed Church in America, a Protestant denomination that sprouted during the 17th century. Through all of that, one aspect of his faith has been constant: Brat takes the Protestant work ethic seriously. 

Like many of his Tea Party colleagues, Brat is an Ayn Rand enthusiast, and coauthored a paper assessing the moral foundations of her writings in 2010. Like many Protestants in the classic Calvinist tradition, he believes Christ is the transformer of culture, and that capitalism is the key to this world transformation. His core argument is that capitalism and Christianity should merge. He believes their union is so important that making disciples of capitalism is Brat’s own version of Jesus’ Great Commission. If you preach the gospel and make people good, he argues, then you make the markets good. 

Individuals are morally responsible to work hard and advance themselves in society, so his theory goes, and then ultimately the capitalist system should help people advance and pull themselves up by their own bootstraps. That message puts Brat at odds with the global leader of the church he attends, Pope Francis, who holds a view on the other end of the spectrum-the Pope’s recent messages have warned that capitalism often exploits the poor, and must be moderated. The consequences of not pursuing this radical capitalist agenda are drastic: if the church does not respond to the reality of capitalism, he writes, society could potentially face a downfall like Nazi Germany. 

Keywords: [“capitalism”,”church”,”Jesus”]
Source: http://time.com/2860967/david-brats-biblical-views-shape-his-tea-party…

The Benefits Of Conscious Capitalism

Some of you may be familiar with the term Corporate Social Responsibility, popularised in the 1960’s, which is a set of initiatives a company can implement alongside their existing business practices. Corporate social responsibility strategies encourage the company to make a positive impact on the environment and stakeholders including consumers, employees, investors, communities, and others. Conscious Capitalism is simply an advancement of the concept of Corporate Social Responsibility but it evolved to a more holistic way of thinking about the term. As Corporate Social Responsibility would be an aspect of your organisation, possibly siloed in its efforts and thought of as a cost centre, Conscious Capitalism is reflected in who you are and how you behave across your entire organisation. The report found compelling statistics that support the conscious capitalism ideology – from a consumer’s standpoint. 96% have a more positive image of a conscious company than one without socially responsible practices. 92% would buy a product with a social and/or environmental benefit if given the opportunity, and 67% have done so in the past 12 months. 

Raj, who has consulted with and taught programs for enterprises like AT&T, LG, Sprint, Volvo, IBM, Walmart and McDonalds, truly believes in harnessing the power of capitalism for good. To Raj, the conscious aspect of conscious capitalism enhances everything about the capitalism model. Through rigorous research of companies like Southwest Airline, Starbucks and Whole Foods, Raj found that over a 15-year period, conscious capitalist companies had investment returns of 1646%, whereas the S&P 500 companies did 157% over the same time frame. Like many business decisions, choosing a conscious capitalist path is both an investment and a risk, but with the right strategies and supports, Raj says it’s well worth it. In his many years of experience, Raj has witnessed the business benefits of a conscious capitalist time and time again. 

Keywords: [“Social”,”Conscious”,”Raj”]
Source: https://minutehack.com/opinions/the-benefits-of-conscious-capitalism

Health Matters: ‘Compassionate capitalism’ brings affordable health care to world’s poor – The Mercury News

Social entrepreneur David Green envisions a time when poor people worldwide will have access to medical care and technology that is both affordable and sustainable. Aurolab sells affordably priced intraocular lenses and other ophthalmic products to developing countries. Green is an Ashoka Fellow and vice president with Ashoka, a MacArthur Fellow, and he is involved in numerous social enterprise initiatives, including a partnership with the Silicon Valley Community Foundation to develop sustainable eye care programs. Green has a BA and a master’s in public health degree from the University of Michigan, and lives in El Cerrito. The entity I helped set up in South India, Aurolab, does this by providing intraocular lenses for cataract surgery at a very affordable price. 

If the Googles of the world can have $25 million in initial investment and go public – and be worth $66 billion in short order or whatever it is – social enterprises need to figure out how to do that. Today Aurolab has 8 percent of the global market share for intraocular lenses, sells close to 1.5 million a year, and has helped over nine million people see. I would love to convince a large corporation to use their core competencies and assets to do a differentiated product line at a much lower price to make that affordable to lower-income people. I’ve been successful at reducing pricing because the issue really isn’t cost – it’s price. If you look at how a product is supplied and the different margin eaters in the food chain – and how you can cut some of them out – that can lead greatly to making things affordable. 

If you think about antiretroviral therapy for AIDS patients, the Clinton Foundation and others have done a marvelous job of getting Indian generic companies to make antiretrovirals for about $100-$150 per patient – but I bet it costs them no more than $10 per patient per year. Those are the kind of things that need to be brought to global health. 

Keywords: [“cost”,”How”,”price”]
Source: https://www.mercurynews.com/2010/01/20/health-matters…

J.R.’s Zaphne Blog News for 04-24-2018

LSE Business Review – Compassionate capitalism: Lessons from medieval Cambridge

Using recently discovered documents on medieval Cambridge we have investigated how money was made through property speculation and how the profits of successful speculation were spent. Property markets developed in medieval England when burgage plots were laid out in new or expanding towns by local landowners, with the king’s permission. Property was a desirable asset in medieval Cambridge, much as it is today! Medieval speculators invested in a variety of properties. Property hot-spots with high-rents can be identified in three parts of medieval Cambridge: at the road junction by the Hospital; west of the market; and near the river just south of the Hospital. 

Map of medieval Cambridge showing property hotspots. Cambridge was home to several families who had acquired property through the military service of their Norman ancestors, including the Dunning family who owned 12 plots in 1279. Profits from the property market were recycled back into the community through donations to religious houses, hospitals and churches. Compassionate capitalism involved high levels of charitable giving to hospitals, monasteries, churches and colleges which helped disseminate the economic benefits of the ‘winners’ of the commercial revolution. The post gives the views of its authors, not the position of LSE Business Review or the London School of Economics. 

She is a medieval historian by training and her publications include a co-authored book with Mark Casson on The Entrepreneur in History: From Medieval Merchant to Modern Business Leader – Basingstoke: Palgrave Macmillan – and articles in Urban History, Business History and the Economic History Review. John Lee is a Research Associate at the Centre for Medieval Studies at the University of York. Katie Phillips is an Arts and Humanities Research Council-funded PhD student in Medieval Studies at the University of Reading. 

Keywords: [“property”,”medieval”,”Hospital”]
Source: http://blogs.lse.ac.uk/businessreview/2017/06/05/compassionate-capitalism…

Capitalism, Corporatism, Free Markets

At some point, a collective decision was made that the unions should be given such expanded powers that they could destroy the company if they wanted. The union doesn’t profit from increasing profits and building a healthy company, it profits from building an overstaffed company that exists to benefit its employees. The union would have been better served if it divvied up the right to collect a union payout from GM among the workers of the time and let them sell the claims. What would have been much more honest and worked better would have been outright nationalization of GM when the rules were set up that the UAW could destroy the company. The toxin in this case may be a lot of things but it is an abomination to a free market, and it has destroyed the American auto industry. 

Far from vanishing, many of GM’s assets would be quickly purchased by competent foreign automakers eager to expand their capacity in what is the world’s largest auto market. Happily, the list of well-run car companies, from Toyota to Nissan to Porsche, is long. If GM is going to get federal money, it should go toward buyouts of long-term employees, and then let the market work to redeploy its assets toward more useful purposes than maintaining an expensive company-town welfare state, that makes cars on the side. Matt Welch says to the barricades to defend free markets. As Jonah says, markets are more than this information delivery system. 

Liberty demands property rights which demand free markets. In the fifties he tried door-to-door in Lansing after moving to Michigan with his upper Midwest bride, but when he got an offer at A.C. Spark Plug in her home town he took it, and settled into a middle-class lifestyle, during the best years of the company, in which he raised his family. 

Keywords: [“company”,”market”,”right”]
Source: http://www.transterrestrial.com/archives/2008/11/capitalism_corp.html

Get Ready: Pope’s Arrival Will Commence a Week of Trashing Capitalism

RUSH: The pope, Pope Francis, took off from Cuba within the last, what was it, half hour. What’s really remarkable is that Obama and Moochelle are going to be there to greet the pope as he descends the stairs. Thomas Sowell has a column today about the pope and his arrival, but primary it’s about the pope’s message. Of course the pope believes that we’ve all done a rotten, horrible job of it, and that governments need to get bigger and they need to become populated with more and more compassionate people to find ways to get rid of poverty. The message of this pope and every other leftist in the world is that prosperity is causing poverty. 

That’s why we need a great compassionate person like Obama or the pope to make sure that the pieces of the pie are not extraordinarily large for the undeserving and microscopically small for the truly deserving. He does not hold a single belief when it comes to such things as contraception, abortion, you name it, with the Catholic Church or with the pope. We’ve already read that Obama plans to hide the advancement of his agenda behind the pope. In the process make it look like this pope is abandoning his own church in favor of the liberal church. If the pope comes along and all of a sudden supports amnesty, which the pope is going to do. 

I’ll just tell you, I read that the church needs – it might have been the Washington Post or it might have been the New York Times, I forget the news publication it was, but it said that the church, the pope is interested in immigration and amnesty and immigrants because they need to fill the pews, just like the Democrats need voters. The reason the Catholic Church, the pope is supporting our amnesty, immigration, is a desire to restock, if you will, the pews. 

Keywords: [“pope”,”That's”,”Church”]
Source: https://www.rushlimbaugh.com/daily/2015/09/22/get_ready_pope_s…

J.R.’s Zaphne Blog News for 03-09-2018

Weber: “A Shell as Hard as Steel”

Weber explores the emergence of economic rationalism as one of the most important aspects of the evolving modern society, and does so by tracing rationalism to the Protestant ethic, which later began to disintegrate as time progressed, and involuntarily resulted in being the foundation of capitalism. Ultimately, the Protestant ethic caused asceticism, rational behavior, and disenchantment of the world, which then became the spirit of capitalism. Through the religious roots of Protestantism and asceticism, the spirit of capitalism emerged and created the foundation of today. The modern implications of economic rationalism was that the future of the modern world was not going to experience compassion like the religious roots of our history, but was going to experience a future promising a ceaseless global struggle over material resources and alternative modes of life. A religious value was placed on ceaseless, constant, systematic labor in a secular calling as the very highest ascetic path and proof of genuine faith, but this is not seen in today’s economic system. If Weber was living today, I believe that he would be disgusted and scared for the future of the world – exactly what he had feared had happened. People today are now alienated from their jobs and do it as a means to an end; it is not mentally satisfying and there is no spiritual connection to be found.

Keywords: [“Capitalism”,”religious”,”modern”]
Source: https://michellebkim.wordpress.com/2012/10/13/weber

Compassion Church of Charlotte – Pastor Ann

Those who will help: It is clear that we are now waiting for the person or people who are going to work on the physical aspects of this church. Please contact me if God has called you and together we will move forward. Why me and why this church: I wanted to make a positive change for the Lord. I will pastor this church with the understanding that as a leader, I am held to a higher standard and will be judged more severely should I fail the family of God. There are many reasons that this is true, including: a mistrust of religious leaders, a lack of response of churches to a changing society, a culture of greed, hostility toward others, a lack of information about God and his son Jesus, discomfort with church attendance, a lack of a feeling of belonging. Compassion Church is not designed to give people religion but to light the path to God through Christ Jesus. The Compassion Church is beginning as a blog site in an effort to be clear about purpose, respond to questions, and provide a place to find answers and begin to establish a sense of belonging. This is the groundwork for the place to meet and for the people who seek God and not religion. This church believes that God is our father/creator and that he gave us his son Jesus who died as a sacrifice for us and was resurrected. Each gathering of God’s people requires some planning and determination.

Keywords: [“God”,”church”,”people”]
Source: https://compassionchurchofcharlotte.wordpress.com

The Real Thief of Holiday Cheer: Capitalism

There is only one victim to blame for this: holiday shopping. In order to understand the issue involved with society’s holiday shopping obsession, it is first imperative to understand civilization’s goal of happiness. By giving up time that could be used to celebrate holidays together, and instead participating in the holiday shopping craze, families and friends are allowing capitalism to steal their chances at true happiness. Aristotle is not the only philosopher to consider this; Karl Marx’s focus on the familial unit conveys that holiday shopping is not worth abandoning time that could be shared amongst family members. In addition to Aristotle and Marx, Pope Leo XIII would also advocate for the elimination of high-strung holiday shopping because of its unfair requirements of workers. In order to supply enough support for holiday shopping, capitalism is acting as a thief that steals employees away from their families. Again, holiday shopping goes directly against a valued leader and ruins the chances of families’ holiday cheer. Today their arguments are overlooked by thousands of crazed holiday shoppers. People today are increasingly being drawn to material items, instead of holiday cheer, and focusing on gifts over relationships. Capitalism has officially become the new Grinch that stole America’s holiday spirit and happiness.

Keywords: [“holiday”,”family”,”happiness”]
Source: https://bearmarketreview.wordpress.com/2014/12/09/the-real-thief…

How Capitalism Obliterated the Constitution and Destroyed America – the truth with no restriction

The sad truth is that adjusted for the cost of living, millions of their employees make less money than they did ten years ago. The truth is that capitalism has failed the majority of Americans. During the great recession of 2008, as the working class was devastated, the profits of corporations actually increased as offshore banking accounts became overstuffed with cash. If a fascist such as Donald Trump ever becomes our president, capitalists will flourish and then crash as a second American revolution crushes the government and removes corporations from their control over our nation. No one need look any farther to see the failure of capitalism than the economic disparity in America today. More families are living at or near the poverty level than at any time in history since the great depression of 1929. There is no excuse for one American living in poverty or forced to become homeless when our nation allows such a huge number of men and women to live lives of privilege. The American people now live under the control of an oligarchy which is quickly moving towards a plutocracy. Your vote no longer counts; our elected officials seek office for their own advancement, not to serve the American people. If you doubt my words, think about how special interests control every decision made by our government thanks to lobbyists.

Keywords: [“capitalism”,”live”,”more”]
Source: https://thetruthwithnorestriction.wordpress.com/2016/07/02/how…

J.R.’s Zaphne Blog News for 02-24-2018


Firstly, the postulation that aspects of socialist theory to a certain extent chime in harmony with biblical teaching and aligns with the way we often picture the New Testament church. Secondly, a question – why does the conservative, evangelical church tend to lean towards those promoting a capitalist agenda? Coming onto the second point, the conservative evangelical church does tend towards capitalism, despite that fact that it has many, many serious flaws. Conservative Christians, have always seen the great threat to stable society posed by liberal morality and have reacted against it, often perhaps without noticing that the underlying principles of left-of-centre politics are more compassionate and aligned with biblical teaching. Equally, in focusing on the morally conservative politics that have often gone hand in hand with capitalist economic policy, it is easy to ignore the great problems that capitalism brings, making the poor poorer, the rich richer and concentrating power in the hands of an elite few who are only concerned about themselves – think of Jesus’s teaching about the rich fool. I’ve suggested positives of socialist theory and negatives of capitalism. To be fair, this is not to say that socialist theory does not have major problems or capitalism benefits. You are causing the rest of the church a great deal of harm. In the hands of evil men, socialism is evil, in the hands of evil men, capitalism is also evil. Should we bury our heads in the sand, hide behind our closed church doors and avoid the ballot box? Certainly not.

Keywords: [“church”,”Capitalism”,”socialist”]
Source: https://jpschristianworldview.wordpress.com/tag/capitalism

Compassionate Capitalism

The other day Russian President Vladimir Putin who is the longest ruling person in Russia after Ivan the Great and Stalin called America “a parasite of world economy.” Well, all communists say so but we have to ask China if they really believe it at heart or they wouldn’t have had the rapid growth they are having for last few years. Capitalism which is based on free enterprise system in America has been the reason behind the great success achieved by America since its birth. My personal experience with free enterprise system goes back to over 5 years ago when I got involved in a business opportunity where I could create an unlimited income with my sweat equity. To tell you the truth, the first year I failed miserably. This is what free enterprise system of America means to me where anybody from any background can work hard, create opportunity and determine their own destiny. People come to America looking for an opportunity like the one I just mentioned. That’s why, in America we say “No more Cheesecrackers.” A little better than capitalism is “Compassionate Capitalism,” a phrase recently coined which is not about “Money getting” but about “Serving people” because law of success is service and biggest businesses are now realizing it more now than ever. Many analysts still consider America to be in a recession period but few businesses seem to be sky rocketing even in this market. The basic motto of free enterprise system is that law of success is service and greatest server is the greatest leader.

Keywords: [“America”,”own”,”year”]
Source: http://thenewyorkcitypost.com/compassionate-capitalism

Anti-capitalism vs Post-capitalism

Capitalism, like all words that evoke emotions, has as many definitions as there are proponents or discontents. The Market Libertarian definition, to which we can also count the Objectivist definition, is that capitalism is productive human action, free individuals that agree on whether they want to buy or sell products and services on a free market. Capitalism in short is individuals making free decisions. The Marxist definition is that capitalism is a specific system of production, based around a hierarchical concentration of wealth and power. What separates Capitalism from Feudalism is that while Feudalism is centered around Land, Capitalism is centered around Capital – the concentration of possessions. Capitalism will eventually, according to Marx and Engels, have so many contradictions that it will lead to an inevitable worker’s revolution and a system based on the dictatorship of the proletariat, which will develop into a classless society where all the means of production are owned collectively by the people. The Cosmology of the EOS. What is Capitalism, according to the EOS? What we can say for certain is that Capitalism will be replaced within the next two centuries, and that there are three possible scenarios for how it can evolve into something else. Post-capitalism is whatever system of production and distribution that succeeds Capitalism. We don’t owe Capitalism to let it continue to exist only because it allowed an unprecedented standard of life in the western world during the 20th century.

Keywords: [“Capitalism”,”system”,”society”]
Source: https://eoshorizon.wordpress.com/2014/10/30/anti-capitalism-vs…

Neoliberal Capitalism, Emotion and Morality – States, Power, Emotion

Neoliberalism does not however, as some have claimed, have its own moral framework. For sure, the advancement of a neoliberal political economic agenda relies on an illusion of moral unity in fabricating claims about the ‘public good’, ‘fairness’, and ‘justice’. Neoliberalism is not a moral project, but an emotional project. Acknowledging the role of culture is not the same as implying neoliberalism has a supporting moral order despite the likes of Thatcher and others attempting to persuade us that it does. Neoliberalism ‘has morals’ to the extent that it has moral interests – but this is a contradiction-in-terms or a misnomer. Such as morality is not imposed from on high: it is deliberative and relatively spontaneous; it is a debated morality not simple moralizing. For Durkheim ideas that promoted particular group interests at the expense of others are not moral but were merely interests with associated habits and ways of seeing and doing that jeopardized collective solidarity, compassion and understanding. So if the powerful do not govern on a moral basis what do they govern on? Of course, they share ‘worldview’s’, cultural outlooks and norms and values. It’s important to say these were deeply immoral acts of state and any wider support for such action speaks not so much to moral affinities between powerful and powerless groups as much as it does to emotional inflammations engineered by governments that sustain popular fears, hopes and anxieties. Capitalism is more a love [and hate] story than a moral one.

Keywords: [“moral”,”morality”,”interest”]
Source: https://emotionalstates.wordpress.com/2016/07/07/neoliberal…

J.R.’s Zaphne Blog News for 02-02-2018

How to achieve a more compassionate capitalism: look back to medieval Cambridge

Legal advances created a lively property market; cutting-edge technologies improved water management and bridge-building; commodity trade expanded; and towns grew dramatically, both in number and size. Its focus was on local infrastructure and local wellbeing. City churches were financed by local people to meet the needs of local people. Their legacy remains with us today: the most valuable real estate in a modern city is often occupied by medieval churches and hospitals. Using recently discovered documents and novel statistical techniques, we have analysed the histories of over one thousand properties in medieval Cambridge over this period. Using evidence from the so-called ‘Second Domesday’ – the Hundred Rolls of 1279 – we show how wealth accumulated by successful businesses was recycled back into the community through support for local churches and hospitals and for itinerant preachers based in the town. Town government was devolved by the king and queen to the mayor and bailiffs, and they encouraged the development of guilds, which promoted cooperation. The business centre of Cambridge shifted south as the town expanded. ‘New wealth’ replaced ‘old wealth’ as a local commercial class replaced Norman aristocrats. Local pride and religious devotion – expressed through high levels of charitable giving – helped spread the economic benefits throughout the town community. This self-sustaining system was broken in the 1340s by the Black Death, the outbreak of the Hundred Years War and the punitive levels of taxation imposed on towns thereafter. When prosperity returned in the Tudor period, a more ruthless form of capitalism took root, and it is this ruthless form of capitalism whose legacy remains with us today.

Keywords: [“local”,”town”,”capitalism”]
Source: https://ehsthelongrun.net/2017/03/27/how-to-achieve-a-more…

Compassionate Capitalism

Whenever Jan Stravers came home from the mission field, she brought crafts made by the Philipino women she worked with to sell to the churches she visited. The crafts were from family businesses that the Christian Reformed Church missionary and her husband had helped to start, and her supporting churches were among their main clients. “When we would go on home service and speak to churches, I would bring baskets and wall hangings and knit things that the ladies made,” she says. “I did really well at selling because I told them I know the people who made this-and it’s keeping their families alive.” In the 10 years that the Straverses worked as missionaries in the Philippines, they saw how small businesses can provide food, education, clothing, and a hope for the future to the poor in developing countries. After retiring from the mission field 10 years ago, Jan Stravers jumped at the chance to run International Arts and Gifts, a South Holland, Illinois, store selling handmade products made by artisans in the developing world. Slowly, the idea has been catching on among Christians that fair trade is a unique way of supporting missions and providing jobs to the world’s poor. Fair trade is a rapidly growing industry where companies like the Mennonite-run Ten Thousand Villages work directly with artisans in the developing world, offering better prices for handmade arts, crafts, and clothing. To be certified by the Fair Trade Federation, workers must earn enough to support their families, pay for education, and food. Fair-trade products must also be environmentally friendly and created under safe conditions, and the Western stores must commit to building long-term relationships with the workers.

Keywords: [“work”,”made”,”Church”]
Source: http://www.christianitytoday.com/ct/2003/novemberweb-only/11-10-31.0.html

Could Capitalism Actually Breed Compassion?

We benefit from the compassion of capitalism and we must help others achieve the same blessings. Google defines compassion as “Sympathetic pity and concern for the sufferings or misfortunes of others.” How selfish soever man may be supposed, there are evidently some principles in his nature, which interest him in the fortune of others, and render their happiness necessary to him, though he derives nothing from it except the pleasure of seeing it. As we have no immediate experience of what other men feel, we can form no idea of the manner in which they are affected, but by conceiving what we ourselves should feel in the like situation. We must be able to have sympathy for and identify with the sufferings of others in order to solve problems and serve others. Sympathy and concern for others form the bedrock of free-market exchange. Entrepreneurs play a vital role in identifying the misfortunes of others, putting themselves in others’ shoes, to really experience what they are going through. In a free society, men like Henry Turkel can take their natural sympathies toward others and aid them in their misfortune. Through his profession, he had many occasions to understand the needs of infants and others who are incapacitated and cannot feed themselves. If not for Dr. Turkel’s sympathy, understanding of suffering, and the incentives to do something about it, my Bailey Grace may not be where she is today. This type of innovation, Turkel’s invention, is encouraged when one lives in a capitalist system, which can breed compassion even among the greedy and selfish. It does encourage ordinary people to unleash their God-given creativity to identify the sufferings of others and eliminate them.

Keywords: [“other”,”Turkel”,”suffering”]
Source: https://tifwe.org/could-capitalism-actually-breed-compassion

J.R.’s Zaphne Blog News for 02-01-2018

Conscious Capitalism

“The true purpose of business is to improve our lives and create value for all stakeholders – customers, employees, suppliers, investors, and society at large,” say John Mackey and Raj Sisodia, the co-authors of a new book called Conscious Capitalism. They were among the major speakers at the ground-breaking conference I recently attended called Conscious Capitalism: Elevating Humanity through Conscious Business. I’ve been writing about the movement to bring spiritual values into business since 1998, but I was initially skeptical about this new Conscious Capitalism movement as Mackey made some bizarre political statements recently that drew a lot of criticism. I found the philosophy and the examples presented by the Conscious Capitalism conference and his book both intriguing and inspiring-as well as brilliant marketing for Mackey’s company. As Casey Sheahan, CEO of Patagonia, the popular outdoor clothing company said at the conference, “Leadership is an inside job.” By becoming more conscious, capitalism can create more community, more mutuality, and paradoxically, more profit because it engages all the stakeholders in the system in a mutually beneficial way. Conscious businesses are growing today in the real world and a representative sample has outperformed the overall stock market by a ratio of over 10 to 1 from 1996 to 2011 according to Conscious Capitalism. “Our success didn’t come from focusing on money,” Fedele Bauccio reported at the Conscious Capitalism conference. Mackey and Sisodia outline four keys in their Conscious Capitalism book for long-term success: having a higher purpose, stakeholder integration, conscious leadership, and conscious culture and management. These 100 Best Companies outperformed the market between 1997 and 2011, according to Conscious Capitalism. Suppliers are also key stakeholders in Conscious Capitalism. Financial stakeholders who are guided by values and connected with their higher purpose are essential to Conscious Capitalism, according to Mackey and Sisodia. If this Conscious Capitalism movement continues to prove the business case for applying consciousness principles, and the profits of companies applying them grow more rapidly than others-this might actually help change the world!

Keywords: [“Conscious”,”business”,”Capitalism”]
Source: http://www.visionarylead.org/conscious-capitalism.html

Is Pope Francis a Socialist?

Soon the sense of shock subsided as his successor, the first Latin American pope – Papa Francis – charmed the world. By taking the name Francis – after Francis of Assisi, the 13th century saint – the new pope made a declaration of intent one that no previous pope had dared make: He renounced the fortune and status he was born into, to live humbly among the poor. “They were used to an almost weekly attack against Benedict XVI. “Now, the mood has changed completely. The pope is so popular, a spokesman for CBS says his network runs an item on the pope every few days.” Before they join in the songs of praise for the pope they need to know which side the pope is on. Of course, the notion that Pope Francis is a true socialist is absurd. Nothing Pope Francis has said or done would suggest for a moment that he is a dangerous radical or even that he secretly harbors socialist thoughts. Pope Francis leans out to touch a child’s head as he arrives in Saint Peter’s Square for his inaugural mass at the Vatican, March 19, 2013. Pope Francis celebrates his inaugural mass on Tuesday among political and religious leaders from around the world and amid a wave of hope for a renewal of the scandal-plagued Roman Catholic Church. Pope Francis is silhouetted against window light at the end of a meeting with Equatorial Guinea’s President Teodoro Obiang Nguema Mbasogo at the Vatican October 25, 2013. Vallely, who investigated the incident for his book, Pope Francis: Untying the Knots, found witnesses in Argentina who claimed that a remorseful Bergoglio worked tirelessly behind the scenes to free the two priests. Including Vallely, read huge significance in the pope’s meeting last summer with Gustavo Gutierrez, the Peruvian founder of Liberation Theology: Francis was bringing in from the cold the radical, egalitarian activist that Polish and German popes, raised in the shadow of Soviet communism, had flatly rejected. The argument about Pope Francis is not confined to economics; it goes to the very heart of Catholic teaching: What is the church for? Are its priests glorified social workers who assist the vulnerable and marginalized? Or are they spiritual guides who, through liturgy and rituals, promote individual salvation?

Keywords: [“pope”,”Francis”,”church”]
Source: http://www.newsweek.com/2013/12/13/pope-francis-socialist-244916.html

A Publication of the Erb Institute for Global Sustainable Enterprise at the University of Michigan

On two beautiful crisp fall days this October in the warm familiarity of Gladwin’s Barn, 65 Erb/CEMP alums and some 30 members of the greater Erb community gathered to reunite, share their stories and experiences, and rediscover the warm bonds of community that time and distance can sometimes make you forget. After a warm introduction by Erb Returns chair Tony Gross ’08, the official program began with a Job Crafting Exercise, facilitated by Janet Max of the POS Group, designed to help people identify opportunities to make their jobs more engaging and fulfilling. New Erb student Neesha Modi ’12 gave a quick talk on Erb “Resource Groups,” an initiative born in the last few years that seeks to put our collective knowledge of different sustainability areas on the web. The final session of the day was an update from Erb SAB co-presidents Nate Springer ’11 & Katie O’Hare ’11, and Institute jefe Rick Bunch on the state of the Institute. A main point was that it is US – the alumni – that keep Erb ahead of the other programs through the “Cutting-edge stuff we are doing in fields.” He wants everyone to know that this is a watershed year – we have 100 students enrolled in the Erb program and 200 alumni. He went on to say that Erb graduates should not shy away from any position centered around sustainability because we are without question the most qualified for it. The next day, after folks staggered in following a night partying at the Cottage Inn with fellow alumni and current Erb students, we began with a second round of breakout sessions: “Renewable Energy” led by Ian Black ’08, “Green Building & Development” led by Rich Bole ’06, and “Clean-tech Start-ups”, led by Jeff LeBrun ’09. The breakout sessions were followed by a great new idea – Erb TED talks! Seven-minute stories about life, work, and sustainability. We need your input to continue to improve Erb Returns! If one theme emerged from Erb Returns it was this: while life may bring constant change, one thing that does not seem to change is the quality of Erbers/CEMPers from past through present. So next time Erb Returns returns, give getting here the ol’ college try. On a final note, Fred Erb has fallen ill and is currently in the hospital.

Keywords: [“Erb”,”work”,”sustainability”]
Source: https://erbsustainability.wordpress.com

J.R.’s Zaphne Blog News for 01-30-2018

Kiran Mazumdar-Shaw | Compassionate capitalism

The Ben & Jerry’s of Medieval Times

As trendy as this seems, the idea that business could have a social conscience actually has deep historical roots. In a recent paper, researchers in England found that medieval entrepreneurs used large portions of their profits to help their communities-embodying what the paper called “Compassionate capitalism.” Ilana Strauss: Compared to today, how did business owners in the Middle Ages use their profits differently? I used to work in a history department, and now I work in a business school, and people in business schools think that’s a really new thing, as though social responsibility just suddenly started yesterday. Actually, if you look back to the Middle Ages, what’s interesting is that philanthropy was just part and parcel of doing business. Medieval property speculators saw their business activities and their philanthropic activities as intermeshed. It’s not like today, where there’s this idea that a business has to tag on a strand of social responsibility. In the Middle Ages, it was seen as quite a positive thing to both be a success in your business and also a success in helping your community as a whole. As you get interested in making money from serving the monarchy, you want to spend your money and your profits from your wealth to build bigger houses and get grand estates. Casson: In the Middle Ages, the expectation was really that, if you were a successful trader and you made money, you should be willing to help others and put your time back into helping other people make money. In doing so, you keep your own business doing well because your business benefits if the whole town is doing well. The medieval economy was probably a more collaborative one than what we’re used to today.

Keywords: [“business”,”money”,”entrepreneurs”]
Source: https://www.theatlantic.com/business/archive/2017/08/compassionate-capitalism/536199/

Compassionate Capitalism

Whenever Jan Stravers came home from the mission field, she brought crafts made by the Philipino women she worked with to sell to the churches she visited. The crafts were from family businesses that the Christian Reformed Church missionary and her husband had helped to start, and her supporting churches were among their main clients. “When we would go on home service and speak to churches, I would bring baskets and wall hangings and knit things that the ladies made,” she says. “I did really well at selling because I told them I know the people who made this-and it’s keeping their families alive.” In the 10 years that the Straverses worked as missionaries in the Philippines, they saw how small businesses can provide food, education, clothing, and a hope for the future to the poor in developing countries. After retiring from the mission field 10 years ago, Jan Stravers jumped at the chance to run International Arts and Gifts, a South Holland, Illinois, store selling handmade products made by artisans in the developing world. Slowly, the idea has been catching on among Christians that fair trade is a unique way of supporting missions and providing jobs to the world’s poor. Fair trade is a rapidly growing industry where companies like the Mennonite-run Ten Thousand Villages work directly with artisans in the developing world, offering better prices for handmade arts, crafts, and clothing. To be certified by the Fair Trade Federation, workers must earn enough to support their families, pay for education, and food. Fair-trade products must also be environmentally friendly and created under safe conditions, and the Western stores must commit to building long-term relationships with the workers.

Keywords: [“work”,”made”,”Church”]
Source: http://www.christianitytoday.com/ct/2003/novemberweb-only/11-10-31.0.html

Compassionate Capitalism with Stephanie Tobor

My organization, Green Apple Supply, has truly been a labor of love. The organization is a 501(c)(3) nonprofit and operates on narrow margins to make eco-products more competitive in the mainstream marketplace. We have also created Partner eStores, which offers nonprofit and for-profit organizations an additional mission-aligned revenue stream. Green Apple Supply is part of a larger movement toward “Compassionate Capitalism,” a model for both nonprofit and for-profit entities that prioritizes passion over profits in order to make a more just, socially-responsible economy the norm, rather than the alternative. I’m striving to make Green Apple Supply a case study for how the healthiest, most environmentally friendly products on the market can also be the most economical. Straddling the fence as both a funder and a nonprofit executive has increased my awareness of the gap between a nonprofit’s needs and the desires and expectations of the funding community. Communication and effective reporting are key to overcoming these differences, and both sides need to ask the tough questions that will ultimately make nonprofits better at what they do. I hope to use this experience to help nonprofits develop sound, sustainable business approaches and work with donors on strategic programming and funding opportunities. As I’ve grown Green Apple Supply, I’ve been profoundly inspired by the power of women’s networks. Stephanie Tobor has been a member of Rachel’s Network since 2013. She is the founder of Green Apple Supply, an executive advisor to the Plastic Pollution Coalition, and an avid supporter of Mission Blue, an ocean conservation initiative. Stephanie and her family live naturally in Evergreen, Colorado.

Keywords: [“nonprofit”,”Supply”,”Apple”]
Source: https://rachelsnetwork.org/compassionate-capitalism/

JR Test Site News for 01-26-2018


Smith was the Scottish philosopher who became famous for his book, “The Wealth of Nations” written in 1776, which had a profound influence on modern economics and concepts of individual freedom. In 1751, Smith was appointed professor of logic at Glasgow university, transferring in 1752 to the chair of moral philosophy. Smith moved to London in 1776, where he published An Inquiry into the Nature and Causes of the Wealth of Nations, which examined in detail the consequences of economic freedom. “Wealth of Nations” established economics as an autonomous subject and launched the economic doctrine of free enterprise. Smith laid the intellectual framework that explained the free market and still holds true today. To underscore his laissez-faire convictions, Smith argued that state and personal efforts, to promote social good are ineffectual compared to unbridled market forces. At the end it was discovered that Smith had devoted a considerable part of his income to numerous secret acts of charity. The Wealth of Nations, first published in 1776, is Smith’s classic treaties on economic liberalism. Purchase this hardcover edition of Essential Adam Smith. The United States founding fathers, particularly Alexander Hamilton, James Madison, and Benjamin Franklin, turned to the ideas of Adam Smith to create an economic system for America with both immediate and long-sustained results. Purchase this hardcover edition of Adam Smith and the Origins of American Enterprise. A great little primer on Adam Smith’s philosophy and thinking for students of Smith or basic ecomomics.

Keywords: [“Smith”,”Nations”,”Wealth”]
Source: http://www.lucidcafe.com/library/96jun/smith.html

Download] ebooks a force for good how enlightened finance…capitalism pdf A FORCE FOR GOOD HOW ENLIGHTENED FINANCE…CAPITALISM A force for good how enlightened finance…capitalism – , etc. How To Download A Force For Good How Enlightened Finance…capitalism For Free? ca pi ta lis m No wonder you activities are, reading will be always needed. Reading a force for good how enlightened finance…capitalism is also a way as one of the collective books that gives many advantages. Fin an ce … If you really want to know the ways of getting this book, you can follow to read this sales letter. In this case, a force for good how enlightened finance…capitalism is one of the products that we present. There are still lots of books from many countries, hundreds of authors with remarkable tiles. En lig ht en ed We present the book is based on the reasons that will influence you to live better. Even you have already the reading book; you can also enrich the knowledge by getting them form a force for good how enlightened finance…capitalism. A fo rc ef or go od ho w Many people may have different reason to read some books. What kind of reason of you to read this remarkable a force for good how enlightened finance…capitalism? It will depend on how you stare and think about it. Just get this book now and be one of the amazing readers of this book. A force for good how enlightened finance…capitalism ebooks Page : 1 ..

Keywords: [“how”,”book”,”finance…capitalism”]
Source: http://vidno.de/…/a_force_for_good_how_enlightened_finance…capitalism.pdf

How did the Reformation Contribute to the Shaping of the Modern World

Like the Renaissance, the Reformation drew its inspiration from the ancient world. Renaissance humanists and artists sought to imitate and revive classical art and literary forms; Reformation thinkers aspired to restore the spiritual purity of early Christianity, before the growth of a powerful clergy and a dogmatic theology. They used the Gospels in order to undermine the authority of the Church. By dividing Christendom into Catholic and Protestant, the Reformation destroyed the religious unity of Europe. The distinguishing feature of the Middle Ages, and weakened the Church, the chief institution of medieval society. By strengthening monarchs at the expense of church bodies, the Reformation furthered the growth of the modern secular and centralized state. While absolute monarchy was the immediate beneficiary of the Reformation, indirectly Protestantism contributed to the growth of political liberty another feature of the modern West. Protestantism accomplished this by providing religious justification for revolution against tyrannical rule. There was a spiritual equality of all believers: all were equally Christian; all were equally priests. The Reformation contributed to the creation of an individualistic ethic. Piety was not determined by the Church, but by the autonomous individual, whose conscience, illuminated by God, was the source of judgment and authority. The Reformations stress on individual conscience may have contributed to the development of the capitalist spirit, which underlies modern economic life.

Keywords: [“Reformation”,”Church”,”spiritual”]
Source: http://personal-pages.lvc.edu/robbins/ReformationandModernity.htm


JOHN LOCKE. John Locke was one of the most important and influential philosophers ever. John Locke was born in 1632 into a well-to-do Somerset family. In 1666, John Locke met Anthony Ashley Cooper Locke treated Shaftesbury for an abscess in the liver, joined his household, and the two men became good friends. In 1667, John Locke wrote an Essay On Toleration in which he argued that Protestant Dissenters who objected to some aspects of Anglican worship should have full civil rights. Charles II agreed with Shaftesbury and Locke on the advantages of tolerating Protestant Dissent, but he was also wiling to excuse the Roman Catholic sympathies of his brother, James. The Whigs failed to prevent James’ accession, and first Shaftesbury and then Locke were forced to flee to the Netherlands. Locke devoted much of his time to writing on philosophy and political thought. John Locke rejected Filmer’s equation of paternal and political power. In their natural state, Locke insisted, all adults were equal; each individual was subject to no one but God. The Glorious Revolution was welcomed in England, and John Locke’s Two Treatises were frequently reprinted. Locke extended certain general rights of property to all people, although property in land and other major assets was restricted to a minority. Locke did not believe that the state should redistribute property to the poor.

Keywords: [“Locke”,”property”,”people”]
Source: https://faculty.history.wisc.edu/sommerville/367/john_locke.htm

JR Test Site News for 01-24-2018

Late Stage Capitalism, Part 2

The 2008 crisis allowed large companies to become leaner and more productive, shedding excess labor and other costs, but many of the jobs lost have not returned despite record high profits, stock prices, and earnings. Pre-2008 capitalism favored entrepreneurship; now investment-whether in stocks, bitcoin, or real estate-is more lucrative. Capitalism has gotten much smarter and choosier, so instead of capital taking risks in small business like it did in a pre-2008 era, capital is chasing a very small pool of already very large and successful companies. This is not necessarily due to risk aversion, but rather due to large companies growing as fast, but much more consistently, as the small ones. Why invest in a tiny start-up that will grow slower than Facebook, when one can invest in Uber, Tesla, or Facebook, which are much better and already have huge growth and market dominance, instead of wasting money on a start-up that will almost certainly fail. The market only cares about companies that have the potential to become the next Tesla, Facebook, Amazon, etc. In a post-2008 world, only very few companies and sectors do well, and the out-performance of maybe a couple dozen companies is enough to lift the entire stock market and economy higher. Such companies include the ones I have been recommending on this blog for years: Amazon, Facebook, Google, etc. Nearly a decade later, no one has been able create a viable competitor to these companies and likely never will. The common argument that start-ups offer a high expected value to compensate investors for the high rate of failures, although sound in aggregate, does not necessarily yield superior total returns to investing in existing large and successful tech companies. Facebook stock is up 300% since 2012-way, way better than the vast majority of venture capital funds. Facebook was already a $100+ billion company when it went IPO, which was already huge, but now it’s $400+billion, and I predict it will be be a trillion-dollar company soon, along with Google and Amazon.

Keywords: [“company”,”Facebook”,”capitalism”]
Source: http://greyenlightenment.com/late-stage-capitalism-part-2

The Enlightenment and Belief in God

Prior to the Enlightenment, believing in God in the West was like believing in the sunrise; the answer to all the big questions of life was God. The findings of science had profound effects on people’s thinking about God and their religion during the Enlightenment. All of this – the findings of science and exploration and the new experimental way of thinking, along with doubts about the validity and significance of Church teaching – took its toll on belief in God. God was withdrawn more and more “As nature came to be understood … as governed by God through secondary causes.” He didn’t disappear; He just adopted a new mode of operation. One writer said that, “As late as the sixteenth century, disbelief in God was literally a cultural impossibility.” One couldn’t explain the world without God. With science now able to explain how the world worked doubts about God began to rise. Belief in His existence now rested more on the idea of Providence, the beneficial acts of God on our behalf. While there was obviously no wholesale abandonment of belief in God, the foundations for belief seemed to be eroding. God was “a kind of highest common denominator of the revealed religions.” In fact, some thought all the major religions worship the same God! Natural religion was the religion of all mankind. Like the Quakers, believed that belief in God eluded rationality. “On the contrary, the rationalizers insisted, belief in God was entirely reasonable and plausible,” says Turner. Turner tells us, “These believers … had come to terms with modernity and had refitted belief to sail in its waters. With much of the incomprehensibility and mysterious taken out of it, belief in God was now based more solidly in morality and rationality; that is, in tangible human experience and demonstrable human knowledge. Confusion and uncertainty, apologists might rationally hope, would now give way to a new confidence in reasonable and moral religion.”

Keywords: [“God”,”new”,”church”]
Source: https://probe.org/the-enlightenment-and-belief-in-god


One of the most frequently asked questions about capitalization is whether or not to capitalize people’s job titles or the names of political or quasi-political entities. When a title appears as part of a person’s name, usually before the name, it is capitalized: Professor Farbman, Mayor Perez, U.S. Secretary of State Colin Powell. On the other hand, when the title appears after the name, it is not capitalized: Herschel Farbman, professor of history; Eddie Perez, mayor of the city of Hartford; Juan Carlos, king of Spain. Although we don’t capitalize “Professor of history” after the individual’s name, we would capitalize department and program names when they are used in full*: “He worked in the Department of Behavioral Sciences before he started to teach physics.” On the other hand, if I were writing for a newspaper outside these institutions, I would not capitalize those words. “We don’t capitalize words such as city, state, federal, national, etc. when those words are used as modifiers”There are federal regulations about the relationship of city and state governments. Even as nouns, these words do not need to be capitalized: “The city of New York is in the state of New York”. Commonly accepted designations for geographical areas can be capitalized: the Near East, the American South, the North End, Boston’s Back Bay, the Wild West. Directions are not capitalized unless they become part of the more or less official title of a geographical entity: “He moved from south Texas to South Africa.” For some reason, some writers feel that e-mail should duplicate the look and feel of ancient telegraph messages, and their capitals go the way of the windmill or they go to the opposite extreme and capitalize EVERYTHING. That’s nonsense. There is considerable debate, still, about how to capitalize words associated with the Internet. Most dictionaries are capitalizing Internet, Web, and associated words such as World Wide Web, Web page, Web site, etc.

Keywords: [“capitalize”,”city”,”word”]
Source: http://grammar.ccc.commnet.edu/grammar/capitals.htm