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The Political Rebellion Gathers Momentum
The Political Rebellion Gathers Momentum When was the last time a monopoly or quasi-monopoly was broken up? A generation ago, or was it two generations ago? The Ruling Class that wants us to love our servitude incites us to seek divisions: between red and blue, left and right, progressive and conservative, and so on. The […]
The Future of Privacy
The Future of Privacy Roughly one hundred years ago, the people who “ran things,” – the drivers behind governments, big business and banking – formulated a concept which became known by a number of names, but, predominantly, as the “New World Order.” The concept was to put an end to unnecessary competition and warfare and […]
Gold in the “Everything Bubble”: Effective Diversification?
Gold in the “Everything Bubble”: Effective Diversification? What do you do when nearly all asset classes are overvalued? Diversification is one of the oldest principles by which people try to hang on to their wealth, however little they might have. Don’t put all your eggs in one basket, it goes. Diversification is not designed to […]
Watch: The Spider’s Web – Britain’s Second Empire Revealed
Watch: The Spider’s Web – Britain’s Second Empire Revealed At the demise of empire, City of London financial interests created a web of secrecy jurisdictions that captured wealth from across the globe and hid it in a web of offshore islands. Today, up to half of global offshore wealth is hidden in British jurisdictions and […]
Plutocracy Now!
Plutocracy Now! The United States today qualifies as a plutocracy – on a number of grounds, and it is having a profound impact on the media, education and think tanks–indeed on the whole of society, says Michael Brenner. Plutocracy literally means rule by the rich. “Rule” can have various shades of meaning: those who exercise […]
Workers’ Power vs. Climate Destroyers: What It Will Take to Save the Planet
Workers’ Power vs. Climate Destroyers: What It Will Take to Save the Planet Humanity faces a multi-faceted crisis. Endless wars of imperial aggression, both overt and covert– from Iraq, Syria, Libya and Afghanistan to Yemen, Palestine and Central and South America. These conflagrations compel those at the bottom of the economic pyramid to fight and die […]
How “Wealthy” Would We Be If We Stopped Borrowing Trillions Every Year?
How “Wealthy” Would We Be If We Stopped Borrowing Trillions Every Year? These charts reflect a linear system that is wobbling into the first stages of non-linear destabilization. The widespread presumption is the U.S. is wealthy beyond words, and will remain so as far as the eye can see: wealthy enough to fund trillion-dollar weapons […]
We Are All Lab Rats In The Largest-Ever Monetary Experiment In Human History
We Are All Lab Rats In The Largest-Ever Monetary Experiment In Human History And how do things usually work out for the rat? There are ample warning signs that another serious financial crisis is on the way. These warning signs are being soundly ignored by the majority, though. Perhaps understandably so. After 10 years of […]
Energy slaves, “hard work,” and the real sources of wealth
Energy slaves, “hard work,” and the real sources of wealth Many Canadians and Americans struggle financially. Millions are unemployed. Many others live paycheque-to-paycheque. A 2017 report by the US Federal Reserve Board found that 40 percent of US citizens couldn’t cover an unexpected expense of $400 without selling something or borrowing money. There’s a lot […]
Eternity, nature, society and the absurd fantasies of the rich
Eternity, nature, society and the absurd fantasies of the rich Professor and author Douglas Rushkoff recently wrote about a group of wealthy individuals who paid him to answer questions about how to manage their lives after what they believe will be the collapse of society. He only knew at the time he was engaged that […]
What’s Wrong with the Economy: 9 Toxic Dynamics
What’s Wrong with the Economy: 9 Toxic Dynamics These nine dynamics are mutually reinforcing. Beneath the surface signals of an eternally rising stock market and expanding GDP, we all sense something is deeply, systemically wrong with the U.S. economy. These nine structural dynamics generate secondary dynamics, all of which are toxic to social mobility, sustainable […]
Our Economy Is Failing Our Society
Our Economy Is Failing Our Society If we want to extend the opportunities for positive social roles to everyone, we have to change the way money is created and distributed in our economy. One of the most unrecognized dynamics of our era is the structural dependence of our society on our economy. One set of […]
“Creating Wealth” Through Debt: the West’s Finance-Capitalist Road
“Creating Wealth” Through Debt: the West’s Finance-Capitalist Road Photo source David Shankbone | CC BY 2.0 Volumes II and III of Marx’s Capital describe how debt grows exponentially, burdening the economy with carrying charges. This overhead is subjecting today’s Western finance-capitalist economies to austerity, shrinking living standards and capital investment while increasing their cost of living […]
How We’re Fighting to Save Democracy From Bribery and Gerrymandering, One State at a Time
How We’re Fighting to Save Democracy From Bribery and Gerrymandering, One State at a Time In Pennsylvania, the democratic system isn’t broken. It’s dead. Adam Eichen, Rabbi Michael Pollack, Emmie DiCicco speaking at a March on Harrisburg barnstorming event at the UU Fellowship of Erie, PA. February 19, 2018 Photo Credit: Rhys Baker Political alienation […]
