Corruption leads to poverty. Poverty also promotes corruption. These two phenomena create an interlocking and self-reinforcing loop that supplements and sustains each. The vicious cyclical […]
Author Archives: Mathew Emmanuel Pineda
How Does Starbucks Earn From Its Starbucks Card Business?
It is easy to comprehend the incontestable fact that Starbucks generates most of its revenues from the operation of the thousands of its stores located […]
Ecuador-Chevron Legal Battle: Background and Court Decisions
The Ecuador-Chevron dispute is a legal battle between Ecuador and Chevron that has spanned for more than a decade and has been characterized by a […]
The Problem With the Work-Biased American Welfare System
Developed countries like Finland, Denmark, Norway, and Sweden have welfare systems focusing on providing generous, accessible, and often unconditional support to people without work. These […]
The Strategic Importance of Crimea
Considering its annexation by Russia in 2014, among other geopolitical and international relation issues it has been involved in, it is impossible to disregard the […]
Fiat Money: Advantages and Disadvantages
Fiat money is a type of currency without intrinsic value. Specifically, unlike commodity money or repetitive money, it does not represent a commodity that has […]
The Early History of Communism in China
The early history of communism in China started when the Chinese Communist Party, headed by politician and theorist Mao Zedong, overthrew the Republic of China in […]
Corporate Social Responsibility Program of Apple
Steve Jobs enforced several tenets that differentiated Apple from other technology companies. For example, when he returned to the company in 1997, one of his […]
Universal Basic Income: Advantages and Disadvantages
Imagine receiving cash on a regular basis on top of your income from work. How about receiving money as a fresh graduate looking for work? […]
Commodity Fetishism According to Karl Marx and Modern Applications
Karl Marx, in his 1867 work “Capital: Critique of Political Economy” or “Das Kapital” introduced the term “commodity fetishism” as part of his criticism of […]