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 …

Lynn Wheeler: Why Financial Systems Demand False Complexity and Ignorance…Corruption is Merely a Bonus

Financial Cryptography Where the crypto rubber meets the Road of Finance… December 11, 2011 Why (my, all) financial systems fail — information complexity I spent over a decade building the snappiest financial system around. In that time I pursued one goal of efficiency: reduction of complexity. This wasn’t only goodness in an angelic sense, it …

David Swanson: History of Corporate Personhood — How Lewis Powell & US Chamber of Commerce Bought the US Supreme Court

The Real History of ‘Corporate Personhood’: Meet the Man to Blame for Corporations Having More Rights Than You The real history of today’s excessive corporate power starts with a tobacco lawyer appointed to the Supreme Court.  By Jeffrey Clements, Berrett-Koehler Publishers, AlterNet The following is an excerpt of Jeffrey Clement’s Corporations Are Not People: Why They Have …

Mini-Me: World Revolting Against US Economic Model [Full Text Online for Google Translate]

Open Letter at P2P Foundation Dear friends and colleagues, The world is riveting toward a possible turning point and we hope that you are able to stand with us in this call to action. We, the undersigned, have co-authored the document noted below. We are now writing to seek your endorsement. Please if you wish …

Naomi Wolf: Federalization of State & Local Brutality Begins Second US War of Independence from Tyranny

Executive Summary: Occupy has three demands: 1.  Get money out of politics 2.  Reverse the legalization of the corruption and crime in both banking and related industries (e.g. military-industrial complex. 3.  Close loopholes that allow Congress to legally cheat the public at every turn by passing laws favoring their own investments. Federal Government has federalized …