The Crisis of Capitalism: Income in the Post-Employment Age

by Thomas Rodham Wells The material prosperity that capitalism has wrought is the product of technology as well as markets (and social norms and state institutions). Markets enhance the efficiency of allocation of resources, such as human labour, between competing projects, while technological innovations enhance the productivity of our use of those resources, the ability…

Ethical Warning Labels on Animal Products

by Thomas Wells Like cigarettes, meat and dairy packaging should include no nonsense factual warnings about the negative consequences of one’s consumption choices. Just as with cigarettes, there is a strong case that exercising one’s sovereign right to free choice on personal matters requires that people be adequately informed about the significant negative implications of…

Love in the time of robots

by Thomas Wells The robots are coming. Even if they don't actually think, they will behave enough like they do to take over most of the cognitive labour humans do, just as fossil-fuel powered machines displaced human muscle power in the 19th and 20th centuries. I've written elsewhere about the kind of changes this new…