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20763524 stories viewed since January 1st, 2005

Viewing Economics COMMENTARIES 1 through 18 of 36

Other Economies are Possible!
Posted on Saturday, September 02nd, 2006 @ 14:32:15 MST (4770 views)
Is the raw capitalism in American society the best possible outcome for our well being? Surely not: It's time to think about an economic system that makes us happy people.

Posted on Saturday, July 08th, 2006 @ 19:30:42 MST (4894 views)
The Federal Reserve System is the result of the Congress and President having agreed to privatize the nation's money system and relinquish the power that should have remained the government's exclusive right. That act was so outrageous the Fed had to be deliberately designed to look like a branch of the federal government to hide the fact that it's really an all-powerful privately owned banking cartel, whose member banks (including all the national ones) share in the vast profits earned from having the most important of all franchises governments alone should have - the right to print money in any amount, control its supply and price, and benefit hugely by loaning it out for a profit including to the government itself that must pay interest on the money it should never have to if it simply printed its own.

The Money Myth Exploded
Posted on Monday, June 19th, 2006 @ 12:11:08 MST (65535 views)
'The Money Myth Exploded' was one of the first articles of Louis Even, and remains one of the most popular to explain how money is created as a debt by private banks. The debt-money system introduced by 'Oliver' into the 'Salvation Island' made the little community sink into financial debt in proportion as it developed and enriched the island by its own work. This is exactly what happens in our civilized countries, is it not?

Chart of Who "owns" the Federal Reserve
Posted on Monday, June 19th, 2006 @ 12:10:29 MST (6198 views)
Chart 1 reveals the linear connection between the Rothschilds and the Bank of England, and the London banking houses which ultimately control the Federal Reserve Banks through their stockholdings of bank stock and their subsidiary firms in New York. The two principal Rothschild representatives in New York, J. P. Morgan Co., and Kuhn,Loeb & Co. were the firms which set up the Jekyll Island Conference at which the Federal Reserve Act was drafted, who directed the subsequent successful campaign to have the plan enacted into law by Congress, and who purchased the controlling amounts of stock in the Federal Reserve Bank of New York in 1914.

Of Water, Human Beings and Other "Worthless" Commodities
Posted on Friday, June 09th, 2006 @ 18:04:29 MST (4165 views)
A leading mineral extraction corporation based in China, has officially announced its ground-breaking technology for extracting gold from the water supply in the United States, including groundwater, rivers, lakes and streams. After years of fastidious research, it was concluded that most of the water throughout the continental United States contains significant TRACE levels of gold particles. Is the above fiction exaggerated satire?

American Capitalism and The Moral Poverty of Nations
Posted on Thursday, June 01st, 2006 @ 18:48:59 MST (4502 views)
In any reasonably populous city or town in America, one encounters a surreal landscape blighted by grotesque temples to America’s twin gods of Capitalism and Consumerism. As an increasing number of individual proprietors are driven to extinction, Wal-Mart, McDonald’s, and hundreds more leviathan corporations continue their rapid construction of more houses of worship to serve their zealous congregation. Thanks to the pathological greed unleashed and rewarded by Capitalism, America has forged a Faustian Pact. It is inevitable that Mephistopheles will come to collect his due. Or perhaps he already has.

Neoliberal Transformation and Class Struggle
Posted on Tuesday, April 25th, 2006 @ 17:29:34 MST (4099 views)
Marxism is about the concrete analysis of specific structures of capitalism as it evolves as a result of the class struggle and the inner dynamics of profit maximization. The key premise for understanding the conversion from "welfare capitalism" to neo-liberalism is the success of the capitalist class in the class struggles which has led to the favorable structural changes, which in turn create favorable "objective conditions" for outcomes favorable to the capitalist class. The dialectical relationship between class struggle and structural transformations is decisive in the relationship between capital and labor.

Posted on Sunday, January 01st, 2006 @ 06:58:29 MST (4740 views)
No one should ever work. Work is the source of nearly all the misery in the world. Almost all the evil you'd care to name comes from working or from living in a world designed for work. In order to stop suffering, we have to stop working.

Poverty Facts and Stats
Posted on Wednesday, December 14th, 2005 @ 05:14:42 MST (5725 views)
51 percent of the world’s 100 hundred wealthiest bodies are corporations.

Joe Hill: The Man Who Didn't Die
Posted on Sunday, November 20th, 2005 @ 00:45:29 MST (4541 views)
Five riflemen take careful aim at a condemned organizer for the Industrial Workers of the World, Joe Hill, who stands before them straight and stiff and proud. "Fire!" he shouts defiantly. The firing squad didn't miss. But Joe Hill, as the folk ballad says, "ain't never died." On this 90th anniversary of his execution, he lives on as one of the most enduring and influential of American symbols.

Paths Toward an Anti-Capitalist Liberation
Posted on Monday, November 14th, 2005 @ 20:53:45 MST (4655 views)
Some have declared an end to history, the imperial order has been established, capitalism triumphant. Others continue to struggle for a better world beyond capitalism; they have rallied, resisted and converged. And, still yet a few others have made some specific proposals about what the good society may look like. This essay is an argument for thinking about economic vision, an evaluation of past and present economic proposals, and finally, an argument for organizing for a participatory economy.

US stocks: The visible hand of Uncle Sam
Posted on Sunday, October 23rd, 2005 @ 00:49:59 MST (4304 views)
Sophisticated research on the events of Black Monday, October 19, 1987, indicates that a sudden and unprecedented rise in the Major Market Index (MMI) sparked a recovery across the board. There is good reason to suspect that this recovery was the result of concentrated buying by a few firms.

Nightmares and Dreams: The Auto in American Life
Posted on Monday, October 17th, 2005 @ 02:34:06 MST (4415 views)
Has the American way of life-- especially our love affair with big cars--reached a tipping point? We must subject our private, auto-centered world to the same skeptical accounting conservatives demand of most government programs. We also need to counter the psychological investments Americans have made in their cars.

They Haven't Forgotten; Neither Should We: The Black Panthers Revisited
Posted on Monday, October 17th, 2005 @ 02:18:55 MST (4323 views)
If a single date can be assigned to an historical event that developed over the course of a decade, then October 15, 1966 would be the date given as the day that the Black Panther Party for Self Defense was formed by two young men in Oakland, California. Bobby Seale and Huey Newton--two Black brothers attending community college who were frustrated with the existing rights groups on campus.

Silent Weapons for Quiet Wars: An introductory programming manual
Posted on Sunday, September 18th, 2005 @ 15:48:44 MST (5188 views)
Silent Weapons called for a "quiet revolution" through economic engineering, using such methods as economic shock testing and paper inductance/inflation (exchanging true value for inflated currency), and balancing the system by killing off the true creditors of this exchange (the public) in constant wars.

Peak Oil and the working class
Posted on Saturday, September 03rd, 2005 @ 01:43:54 MST (4919 views)
You can be sure the elite have already determined how to maximize their profit from peak oil. For all the blather of the economists, they know that our economy must start contracting as a result of diminishing energy production. And they know that in any form of capitalism—be it free market, state supported or highly regulated—continuous economic contraction is a euphemism for collapse.

Riding Down the Curve: How Cities Can Survive the Energy Crisis (Peak Oil, Part III)
Posted on Saturday, August 27th, 2005 @ 18:48:15 MST (4528 views)
The calculus of the oil economy is relatively simple: if the oil infrastructure can continue bringing oil to market fast enough to meet market demand, then the economy will continue to tick along as it has. If, however, the rate of oil production maxes out but demand keeps growing, then the price of oil will keep rising until it gets high enough to push demand down to what the industry can provide.

On Economics
Posted on Saturday, August 20th, 2005 @ 23:23:28 MST (4442 views)
A myth of American capitalism, the American dream, is that anyone can get to the top. With what? Certainly not random chance, the touch of the blind, good fairy's wand in the dark? What then? Hard work? Luck? Earnest good intentions? Powerful friends and backing? In the prevalent mythology, what earns success?

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