Author: petersoc

Is Zeus poor?

The voice of Poverty, in Aristophanes’ Plutus (408 BC): Look at the orators in our republics; as long as they are poor, both state and people can only praise their uprightness; but once they are fattened on the public funds, they conceive a hatred for justice, plan intrigues against the people and attack the democracy.…

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Debt

The Jubilee Debt Campaign offers an interactive view of global debt: When talking about a country’s ‘debt’, newspapers refer to just the debt owed by its government. But this includes debts which are owed to citizens of that country (not necessarily a problem). And it ignores the debt owed by private companies and banks (which…

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Plus ça change

At the Internet Archive, an 1828 ‘Stranger’s Guide’ written by ‘Two Citizens of the World’ advises on how to avoid being swindled in London: Swindling, when performed on a large scale, obtains the title of speculation. We need merely mention one word to remind our readers of the affinity between speculation and swindling – that…

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