Sociecity

Today’s eco branding is no longer here to better the world, but to exploit consumer demand. But do we need to feel rewarded for consuming?

Laissez-faire: a French term roughly translated to Let Do, meaning let it be or sometimes, more passionately, leave it alone. For centuries people have debated the effectiveness of the laissez-faire free market economy. While the benefits of this theory seem obvious enough to some, there are just as many faults and contradictions, making the Laissez-faire model [...]

Hong Kong’s social medical service give many citizens a “free ride,” but what does the future look like for the system and its aging patients?

Columnist Raymond Yeung examines how corruption, bureaucracy, and diversity have come together to form today’s Empire State, answering the question: how did the shiny star of capitalism come to this?

The Federal Reserve was founded because of poor business conduct and regulatory oversight. Its primary interest is to protect the wellbeing of US currency and the economy at large. So what went wrong? McDonalds is pretty good and innocent example. Following its humble beginnings the company went public in 1965 and brought the world a [...]

Artist Raymond Yeung joins sociecity with the “Heads or Tails” column. His first whack reflects on the very idea of a coin toss, on randomness, and on how the very simple act of decision-making ties into our everyday lives.