Tree Hugging Sailing Home of the Solar Electric Fuel Cell Powered Future

Unsurprisingly, they support the policies that allow them to do this: things like low taxes, risky speculation, sky-high executive pay, and pulling investment out of education and infrastructure. What happens to our economy in the long-term is not really their concern. There’s a motto on Wall Street: “I.B.G.-Y.B.G.” or “I’ll Be Gone, You’ll Be Gone.” As long […]

The Utter Uselessness of Failure Now Four Decades in the Making

A World That Stepped In It… The fiction writer forms an economic point of view and then sets his characters into action within the world he has created. I found the link about Thatcher’s utter focus on moving as much from the public sector to the private sector of interest. Then, I read this, […]

Playing Free and Lose with Fact and Opinion….Wee…………..

Transnational capital has been able to break free of nation-state constraints to accumulation beyond the previous epoch, and with it, to shift the correlation of class and social forces worldwide sharply in its favour – and to undercut the strength of popular and working class movements around the world, in the wake of the global […]

A View from the Nations Capital

Watergate If I told you who I had dinner with last night I would have to kill you. Evidently the individual was privy to top secret information. He continuously looked around to see if anyone was overhearing the conversation. He was sure the gentleman seated at the next table was trying to glean […]

They are Watching

But that seems not to be what the government wants. It wants to collect all data and it wants to process all that data. But for what purpose? After at least seven years and likely billions spend on the program one really wonders what this is about. Only two or three cases of successful terrorism […]

The Unintended Mood Altering Political Disaster

S. Philip Morgan and his colleagues have identified an interestingly complex effect, after Obama’s election in 2008, Republicans became more pessimistic about the economic future while Democrats remained more optimistic; that optimism or pessimism influenced decisions to have children – to the advantage of blue states. Claude Fisher, Professor of Sociology U.C. Berkeley The […]

Send in the Clowns, Where are the Clowns, They’re Already Here

The sense of common decency is a rare commodity these days, a very rare commodity indeed, something that has all but disappeared in this day and age. Brazen means someone without shame. The parties that have taken an entire nation hostage just so that they don’t have to reveal certain unspeakable facts certainly have no concept of […]

Golds Up, Better Ideas are Down……

The traditional corporation won’t vanish, but it will cease to be the center of gravity of economic life in another generation or two. They will live on as religious institutions do today, as weakened ghosts of more vital institutions from centuries ago. Venkatesh Rao The RibbonFarm Blog, A Brief History of the Corporation The […]

The Usual Suspects

Two other important examples the study dissects are financial deregulation in the United States and privatization in post-Soviet Russia. In both cases, economic reforms that made a lot of sense in the abstract and in terms of economic efficiency had the unintended consequence of strengthening already powerful political interests. As the powerful often do, they […]

A Gross National Happiness Capitalism

There are more than two thousand publicly owned electric utilities now operating, day by day, week by week, throughout the United States (many in the conservative South). Indeed, 25 percent of US electricity is supplied by locally owned public utilities and co-ops. What Then Must We Do? […]