
April 2007 Issue
Capitalism: Actually, it's Not Materialistic
Cullen Roberts '08Socialists often decry their capitalistic counterparts as materialistic. Nothing could make less sense. Communism, the big brother in the socialism family, is the fundamentally materialistic philosophy.
Read Capitalism: Actually, it's Not Materialistic
April 2005 Issue
Trading The Right To Pollute
Cullen Roberts '08and Jesse Roisin '05
The monolithic argument frequently proposed by environmental activists exalts the danger of possible climate change over the very real human consequences of economic collapse. In the radicals' eyes, any possible environmental benefits ensuing from Kyoto far outweigh the resultant economic hardship and social ills. If the United States and other developed countries hobble themselves on a productive level while giving a free ride to such developing countries as China and India, the already precarious trade dynamic will only become more imbalanced. An economic slowdown on such a scale would lead to rising unemployment, resulting in increased crime and general social unrest. Developing countries would fill the production gap, unencumbered by environmental standards.


