Multiple times in the since mid-2017, this blog have made reference or presented ideas relative to Moral Foundations Theory (MFT). While we do not wholly agree with all of the proposals of the theory, while we have found the “universality” of its proposals somewhat wanting and while we have questioned the motivations of its founder, Jonathan Haidt, we do believe the framework presents a worthwhile configuration of morality categories, if only for its heuristic value. Apparently, a blogger who writes under the moniker “Moral Navigator” shares an interest in this set of ideas. Check out one of his recent posts called “Which Moral Foundations Do You Value?”
The seekingGood blog addresses a wide range of topics. Out of deference to a known portion of our readers, often, we fall short of the depth we might prefer as well as the academic rigor with which we are more comfortable (the language of which we must actively—sometimes unsuccessfully—resist). Moral Navigator’s blog appears to reflect no such limitations, focusing on morality topics written in a learned yet very readable style (complete with multiple references). Take a look at his blog. You might find a new home.
A consideration of public banking
“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”
Where is your money? Well…okay…if you actually had some, where would you put it? Why? Wherever you store your monetary wealth, do you gain benefit from allowing that storage solution to reliably insure your financial security? Can you trust that solution to work in your best interest?
Economic Inequality: Part 3
In June of 2015, Citigroup, JPMorgan Chase, and Barclays, among other Libor-rigging giants, pleaded guilty to felony charges related to the [Libor] conspiracy and greed to pay more than $2.5 billion in criminal fines to U.S. regulators.
(AP Photo / Edouard H.R. Gluck)
Representing only a single instance of a commonplace practice played out the world over, this corporate criminality instigated the outage of Craig Brandt, an attorney from Oakland, California. He set out to enact an audacious plan. With other individuals, Mr. Brandt endeavored to have the Oakland City Council “take radical action to combat plutocracy, inequality and financial dislocation”. Mr. Brandt wanted to create a city-owned “public bank”.
Recent posts on this blog have explored economic inequality and its ramifications. The post this week continues this series, beginning to focus on potential solutions to what some see as a looming economic catastrophe. As Part 3 our Economic Inequality series, consider this article by Jimmy Tobias: “What if People Owned the Banks Instead of Wall Street?”
This blog is all about “morality”. To seek Good is to aspire for the attainment of some standard of thought and behavior defined as positive in some manner. As such, a construction such as Moral Foundations Theory represents a paramount interest of this blog (and, presumably those who read it). Likewise, the trustworthiness of such a construction becomes crucial regarding its usefulness. So how useful is this theory—Jonathan Haidt’s MFT, a theoretical, research-based notion about rubrics of our moral perspective?