Ian Welch is a prolific blogger and writer who is often quoted by various writers in Economics blogs. This blog entry is most intriguing for his clarity on the flaws in the current strain of "Capitalism." Chief among his points is the identification of the Marxian recognition of the destructive nature of "Wage Labor." This is gleaned to share the context of the following quote:
There are, ultimately, two dominant strategies: cooperate or compete. If you want widespread prosperity, the dominant strategy in your ideology must be cooperation, though competition has its place.