The truth at any cost lowers all other costs — curated by former US spy Robert David Steele.
I confess that when I read this story, I realized I had missed an important trend. This is a big deal, as it says, and it tells us that the days of industrial chemical based monoculture, depending on massive infusions of rock phosphates is doomed. The solution working with nature, not trying to dominate her. …
The Social Cost of (Predatory) Capitalism When I was a graduate student in economics, the social cost of capitalism was a big issue in economic theory. Since those decades ago, the social costs of capitalism have exploded, but the issue seems no longer to trouble the economics profession. Social costs are costs of production that …
Phi Beta Iota: In one sentence: unemployment is 23% (40% among recent college graduates and those well past mid-career); inflation is 9.1%. Staring Armageddon In The Face But Hiding It With Official Lies According to the Bureau of Labor Statistics, the US economy created 236,000 new jobs in February. If you believe that, I have …
Corporate intelligence The bloodhounds of capitalism It is a good time to be a corporate investigator SHERLOCK HOLMES once remarked that: “It is my business to know what other people don’t know.” These days, detective work is a huge business. Thanks to globalisation, there is a lot that companies would like to know but don’t, …
Continue reading “Mongoose: The bloodhounds of [corrupt] capitalism”
Bill Moyers and Neil Barofsky 26 October 2012 Neil Barofsky, Bailout: An Inside Account of How Washington Abandoned Main Street While Rescuing Wall Street (Free Press, 2012) Bill Moyers and David Stockman, 21 January 2012 Charles H. Ferguson, Predator Nation: Corporate Criminals, Political Corruption, and the Hijacking of America (Crown Business, 2012)
Michael Hudson on Fictitious Capital « naked capitalism Michael Hudson spoke with Max Keiser about what he calls “fictitious capital” which is essentially lending backed by inadequate capital, such as collateral that has fallen in value. This is an idea he has explored in his previous papers, such as “From Marx to Goldman Sachs” and …
Continue reading “Michel Bauwens: Michael Hudson on Fictitious Capitalism”
Wholesome capitalism? What would wholesome capitalism look like? “Wholesome” means healthy, in the sense of something that promotes physical and moral well-being. Wholesome capitalism would take into account the wholeness of people and the social and natural world we live in, and it would enhance that wholeness. Some people think capitalism already does this. They …
