Tag Archives: inequality

Into the Fire

Vastly unequal empires never end well. In his 2017 book The Great Leveler, Stanford historian Walter Scheidel, demonstrates how extreme inequality has been “resolved” throughout history. Unfortunately, Scheidel found that so far the only thing that has undone such inequality—the only … Continue reading

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The Dismal Science

Examining the power centers in the US entails examining the ideologies behind them and there’s no greater ideological power than economics as it promotes and justifies capitalism. Economics and economists are ultimately political but this truism gets ignored in the … Continue reading

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Pity the Billionaire

  If the billionaires that are presently building hidey-holes in New Zealand want to help their cause they should bring back Noblesse oblige. Seriously, they could save a lot of money, which seems to be the raison d’être for billionaires. Notice how … Continue reading

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A Madness to the Method

  A wise man said that the purpose of a nation is to build unity and deconstruct division. That doesn’t describe our country, does it? No, we’ve become a nation of the haves and have nots, riven by false partisan … Continue reading

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Because Markets

  Once again, there was a mass-shooting in America. This time in Las Vegas, where a 64 year old man sprayed bullets down onto concert-goers, killing 58 people and wounding 489. The statistics paint a horrible picture of gun violence in … Continue reading

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Pitchforks

  Since the election results came in the Hillary Clinton wing of the Democratic Party along with the corporate media have been in full cry over Russia’s supposed interference. Nick Hanauer, a Seattle-based entrepreneur, has a better explanation of why … Continue reading

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Manufacturing Consent

  While our neoliberal elite have been more than willing to offshore traditional manufacturing, they’ve kept the manufacturing of consent right here in America. Though western countries claim to be democracies, they all suffer from income and wealth inequality, with many … Continue reading

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Like Ike

  Before he took office, President Obama professed his admiration of President Reagan. Lately he’s behaving like President Eisenhower. Eisenhower, after creating the military-industrial-complex and nascent deep state, famously warned against it. As he was leaving office. Many Americans remember Eisenhower’s … Continue reading

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Because Markets

  Neoliberals believe that a market society is the natural and inexorable state of humankind, where Americans are not citizens so much as consumers. However, neoliberals recognize that this state of affairs will not arise naturally and must be constructed through … Continue reading

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FIRE Alarm

We used to make things and employee people who were paid wages that they spent back into the economy. Finance properly allocated capital for productive ends rather than speculation and fraud. We had a productive economy that benefitted Main Street … Continue reading

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