Adam Smith actually took all his best ideas and lines from sources from medieval Persia. But one thing he doesn't take is the underlying assumption they have that the basis of a market is mutual aid.

As it turns out, we don't "all" have to pay our debts. Only some of us do.

We are usually told that democracy originated in ancient Athens - like science, or philosophy, it was a Greek invention. It's never entirely clear what this is supposed to mean. Are we supposed to believe that before the Athenians, it never really occurred to anyone, anywhere, to gather all the members of their community in order to make joint decisions in a way that gave everyone equal say?

Within a capitalist corporation, someone says, "Lend me a wrench," and someone asks, "Yeah, what do I get?" You assume that the idea of each according to his or her abilities, each according to his or her needs - in solving a problem - is actually the only thing that works. And in situations of disaster, there are often communistic notions of improvisation, where you basically exchange hierarchies and all of a sudden all those things that are luxuries that you can't afford, you have them in an emergency.

The working poor are the people suffering out subprime mortgages and fatal loans and more and more of our money - you know, capitalism is operated by extracting money, not so much directly being paid.

We have become a plague upon ourselves and upon the Earth. It is cosmically unlikely that the developed world will choose to end its orgy of fossil energy consumption, and the Third World its suicidal consumption of landscape. Until such time as Homo Sapiens should decide to rejoin nature, some of us can only hope for the right virus to come along.

I would like, then, to end by putting in a good word for the non-industrious poor. At least they aren’t hurting anyone. Insofar as the time they are taking time off from work is being spent with friends and family, enjoying and caring for those they love, they’re probably improving the world more than we acknowledge.