Big Business Economy

Capitalism vs Markets

They are, in fact, two different things: capitalism is a system of ownership; markets a method of exchange. Although the two have sometimes gone together, this need not be so. Crony capitalism in which a few monopolies or cartels run much of the economy gives us capitalism without markets. And market socialism would give us […]

Cycling

Cycling in 2015

I started 2015 having made a decision that I didn’t need the car anymore, but felt I needed to prove it. So, 12 months later, I’ve covered approximately 2,170 kilometres by bike to and from work, plus another 600 or so doing all those little trips to the shop, park, doctors and so on. Basically, […]