John Steiner: Matt Taibbi with Xmas Message from the Rich

A Christmas Message From America’s Rich Matt Taibbi Rolling Stone, 22 December 2011 It seems America’s bankers are tired of all the abuse. They’ve decided to speak out. True, they’re doing it from behind the ropeline, in front of friendly crowds at industry conferences and country clubs, meaning they don’t have to look the rest …

Reform Coalition: “True Cost” Economics & Genuine Progress + True Cost RECAP

Definition of ‘True Cost Economics’ An economic model that seeks to include the cost of negative externalities into the pricing of goods and services. Supporters of this type of economic system feel products and activities that direct or indirectly cause harmful consequences to living beings and/or the environment should be accordingly taxed to reflect the somewhat hidden costs.

Michel Bauwens: Michael Hudson on the crucial link between democracy and debt throughout history

I don’t know of a more crucial text to read in this epochal transition. Republished from Michael Hudson: “Book V of Aristotle’s Politics describes the eternal transition of oligarchies making themselves into hereditary aristocracies – which end up being overthrown by tyrants or develop internal rivalries as some families decide to “take the multitude into …