Democracy is a Form of Government Where Power Originates With the Citizens Fact
Democracy is a form of government where power originates with the citizens, the citizens then either rule directly or delegate power to representatives.
Competition
Competition is the concept of competing. Humans are social creatures, thriving on competition and cooperation, from sports, to games, to markets, to mating, to viruses, to the animal kingdom, to systems in entropy striving to conserve energy, the universe is a system of competition and collaboration.
Factoids tagged with "Competition"
People Tend to Act Out of Perceived Self Interest Fact
It isn’t true that everyone acts out of self interest, but generally people tend to act in accord with their perceived self interest and “moral sentiments.”
The United States Has a Two-Party System Myth
Despite two parties dominating politics due to a majority being needed to win elections, the United States doesn’t officially have a two-party system. Parties aren’t even mentioned in the Constitution.
All Action is Human Action Fact
As Mises said, “all action is human action”. In other words, although we form groups that can indirectly act through consensus, groups themselves aren’t physical entities (and thus they can’t act directly).
Collectives are Comprised of Individuals, and Individuals Comprise Collectives Fact
All collectives are comprised of individuals, and all individuals comprise collectives; thus we can never fully consider collectives without considering individuals, or vice versa.
Liberty and Equality are Mutually Dependent Fact
We present an essay on the purpose of the laws and government to better understand how liberty, rights, equality, and justice are inseparable in nature and in civil society.
The Dutch East India Company Was the First Publicly Traded Company Fact
In 1602, the Dutch East India Company (VOC) became the first publicly traded company when it sold shares on its own Amsterdam Stock Exchange (the first stock market).
Game Theory is the Study of Games Myth
Game theory involves games, but it isn’t the study of games. It is the study of mathematical models of conflict and cooperation regarding decision making.
The Issue is Always the Government or the Market Fact
For a given market, the choice always boils down to state intervention vs. the free-market, there is no third option (unless you count mixed-markets).
The Robber Barons Gave Most of Their Fortunes to Charity Fact
Andrew Carnegie, John D. Rockefeller, and other Barons of Industry freely gave away most of their fortunes to charitable and philanthropic causes.
Edison and Tesla Were Enemies Myth
Nicola Tesla and Thomas Edison were rivals, not enemies. Tesla and Edison butted heads publicly, but generally respected each other.
Adam Smith is the Father of Modern Economics Fact
Adam Smith can be considered the father of modern economics due to his influential works which explore the mechanics of morality, markets, and capitalism in an industrialized society.
Collective Intelligence is the Intelligence of a Group Fact
Collective intelligence is the wisdom of crowds, or the intelligence of groups, the intelligence that arises from cooperation, competition, and other group dynamics.
A Person Can be a “Lone Genius” Myth
A person can be a “lone genius”, but as an essay called “Deconstructing the Lone Genius Myth” points out, genius is in many ways a collective process.
Game Theory is the Science of Strategy Fact
Game theory is “the science of strategy,” a branch of mathematics that studies the strategy, rules, and statistics of decision making games and applies it to other fields.
MOBA Means Multiplayer Online Battle Arena Fact
MOBA means Multiplayer Online Battle Arena. It’s a sub-genre of Real Time Strategy (RTS) focused on team-based player-versus-player (PVP) competition.
eSports is Video Games as a Competitive Sport Fact
The term eSports describes competitive video gaming as a sport. eSports typically involve team-based gaming as a spectator sport with ranked matches.
Wolfenstein 3D Popularized the First Person Shooter Genre Fact
Wolfenstein 3D (1992) popularized the First Person Shooter (FPS) genre, building on mechanics of earlier 3D maze games like Maze War (1974), Spasim (1974), and MIDI Maze (1987).
Humans are Born Selfish, not Compassionate Myth
Humans are born both selfish and compassionate; we are hardwired to show compassion to our group and fear to those outside it. It’s genetic self-interest.
Humans are Hardwired to be Social Beings Fact
Humans are hardwired to be social beings. We naturally cooperate, care, and compete. From quarks, to cells, to plants, to animals, cooperation is in our DNA.
Money Can Buy Happiness Fact
Money can buy happiness in some ways, and cause unhappiness in others, studies have shown that different types of wealth and income affect happiness and unhappiness in a variety of ways.
The Film Easy Rider Inspired Hip Hop Fashion and Culture Fact
The 1969 film Easy Rider inspired the culture and fashion of the South Bronx gangs who went on to create hip hop as an alternative to gang violence.
The Film Easy Rider Inspired Hip Hop Fashion and Culture Fact
The 1969 film Easy Rider inspired the culture and fashion of the South Bronx gangs who went on to create hip hop as an alternative to gang violence.
Survival of the Fittest, Only the Strong Survive Myth
“Survival of the fittest” means that those who are best adapted to their environment thrive and tend to be favored by evolution due to “natural selection”. It does not mean that “only the most physically strong or mentally strong thrive”.
Pong Was the First Arcade Video Game Myth
Computer Space became the first mass produced arcade video game in 1971. It was released the year before it’s creators formed Atari and created Pong
Competitive Sports Have Always Been Popular in the U.S. Myth
Competitive sports became popular in the United States from 1850 – 1950 because of lighting technology, mass media, and developing labor and education laws.
Professional Wrestling isn’t Scripted Myth
Pro wrestling is planned, scripted, and rehearsed, but much of a given match involves the real and spontaneous execution of well-practiced moves and routines.
Blog Posts tagged with "Competition"
Types of Conflict Theories
We explain Marx’s conflict theory and other conflict theories to show how tension between social, political, material, and other forces manifest.
Purple State Politics and a Strategy For the Defense of Western Liberal Democracy and Republicanism
We describe a “purple strategy” modeled off purple state politics, for the Defense of Western Liberal Democracy and Republicanism.
The Importance of Individualism
We discuss the importance of individualism and the complexities involved in balancing the spirit of Individualism with collective responsibility.
The United States as a Concept
The United States can be thought of as a union of diverse and sovereign regions, of sovereign people, who agree on the basic principles of democracy, republicanism, federalism, and liberalism in general.
Confirmation Bias, Ideological Bubbles, Reference Frames, and Filters
We explain how experience and social interactions shape our frame of reference and create ideological bubbles, and how this creates confirmation bias and “bubble filters” that reinforce these bubbles.
Barons, Churches, Kings, and Citizens
In general, four powers have ruled over the citizens of a nation in any era, these are Barons, Churches, Kings, and Citizens themselves.
Understanding Populism
Populism is a broad term that generally describes popular sentiment felt by the working class against the elites. It can look like social conservative nativist right-wing populism or social liberal progressive left-wing populism.
Political Color and Color Politics
In modern history political factions have often been represented by a color, we look at political color to understand color politics.
How Currency Gets into Circulation and What Happens to it
Below we explain how currency gets into circulation via the Treasury, Federal Reserve, and banks, and the role Congress, banks, businesses, and you play in the process.
The 2007 – 2009 Financial Crisis Explained
We explain the Financial Crisis / Great Recession of 2007 – 2009 that began with the 2006 housing bubble, led to a recession in the U.S. by December 2007, and became a global crisis by 2009.
Andrew Carnegie’s Gospel of Wealth Explained and Annotated
Below we present an annotated version of Andrew Carnegie’s 1889 essay Wealth (better known as the Gospel of Wealth).
Social Contract Theory and the State of Nature
Social Contract Theory is the theory of why people form governments based on how people lived in a State of Nature before government.
Understanding Collectivism and Individualism
Collectivism describes ideology (political or otherwise) that favors the collective, like-wise Individualism describes ideology that favors the individual.
Adam Smith as a Moral Philosopher
We explain Adam Smith as a Moral Philosopher, and explore how his Theory of Moral Sentiments connects to his economic theory from The Wealth of Nations.
What is “the Invisible Hand”?
“The invisible hand” is a term used by Adam Smith to describe the theory that self-interest leads to social and economic benefits in a free-market.
Book Reviews tagged with "Competition"
Andrew Carnegie’s Gospel of Wealth Explained and Annotated
Below we present an annotated version of Andrew Carnegie’s 1889 essay Wealth (better known as the Gospel of Wealth).
Oscar Wilde’s The Soul of Man Under Socialism Explained
We explain Oscar Wilde’s The Soul of Man Under Socialism to illustrate his prophetic take on non-authoritative individualist socialism.