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Tag Archives: inequality
No Brains In Washington
No Brains In Washington Washington’s IQ follows the Fed’s interest rate — it is negative. Washington is a black hole into which all sanity is sucked out of government deliberations. Washington’s failures are everywhere visible. We can see the failures in Washington’s wars and in Washington’s approach to China and Russia. The visit of Chinese […]
Time to Trade in Your Jag, Benz, BMW for a Dented Econobox: Days of Rage Are Coming
Time to Trade in Your Jag, Benz, BMW for a Dented Econobox: Days of Rage Are Coming The resistance will take the form of subverting the signifiers of wealth that exemplify the few who have benefited so greatly while everyone else lost ground. It’s time to trade in your Jag, Mercedes, BMW (and maybe your […]
As the “Prosperity” Tide Recedes, the Ugly Reality of Wealth Inequality Is Exposed
As the “Prosperity” Tide Recedes, the Ugly Reality of Wealth Inequality Is Exposed This chart of median household income illustrates why so many of us feel poorer–we are poorer in terms of the purchasing power of our income. A rising tide raises all boats, from rowboats to yachts–this is the narrative of “prosperity.” A rising tide […]
A Simpler Way: Crisis as Opportunity
A Simpler Way: Crisis as Opportunity A documentary about simple living, permaculture, and local economy as a response to global crises. The dominant mode of global development today seeks to universalise high-consumption consumer lifestyles, […]
Property Rights, Inequality and Commons
Property Rights, Inequality and Commons I recently spoke at a conference, “Property and Inequality in the 21st Century,” hosted by The Common Core of European Private Law, an annual gathering of legal scholars, mostly from Europe. They had asked me how the commons might be a force for reducing inequality. Below are my remarks, “The […]
Oops! Philly Fed Admits QE widens inequality
Oops! Philly Fed Admits QE widens inequality Once again, the Federal Reserve proves that it’s the last one to know everything that we knew already. Today’s stunning announcement: The Philadelphia Fed admits they (“may have”) made the wealthy wealthier and Main Street poorer. Oops. Sorry America. The Philly Fed insists that “redistributing wealth” to the wealthy isn’t the main […]
Local Production Means Jobs and Prosperity
Local Production Means Jobs and Prosperity With over 93 million unemployed working age adults in America and the economy beginning to go negative again, if you are fortunate enough to have a job it may not last much longer. It is easy to keep a positive attitude about the economy when you get a paycheck every […]
Our Crazy-Making Economy’s Endgame: Festering Frustration Seeking an Outlet
Our Crazy-Making Economy’s Endgame: Festering Frustration Seeking an Outlet The consequence of policies that exacerbate injustice, inequality and double-bind demands is a madness that will find a social and economic outlet somewhere, sometime. We all know crazy-makers: people who make contradictory claims about reality, who say one thing and do another, who change their stories constantly […]
Economic inequality: 10 reasons why we can’t beat it
Economic inequality: 10 reasons why we can’t beat it Even the OECD says inequality is bad. But making it go away is much tougher It almost feels like an old story. Ever since the economy crashed in 2008 a growing chorus of voices has warned that inequality was wiping out the middle class and damaging society. This week […]
“We Reached The Tipping Point”: Income Inequality Is Highest Since Records Began
“We Reached The Tipping Point”: Income Inequality Is Highest Since Records Began While soaring stock prices do nothing to boost the economy, because as 7 years of hard facts have shown, the only thing “trickle down” QE has done is forced economists to jump the shark and demand not one but two seasonal adjustments to […]
Seven Things You Need to Know About Inequality
Seven Things You Need to Know About Inequality The gap between rich and poor is growing, but there are solutions, says The Tyee’s author of ‘A Better Place on Earth. In recent weeks I’ve had the chance to talk at launches in Victoria and Vancouver about economic inequality and my bestselling book A Better Place on […]
Resentful Rage: Stage-4 of Cancerous Inequality
Resentful Rage: Stage-4 of Cancerous Inequality White America’s ugliest, uncompassionate, punitive face came to life in 1994 politics as Bill Clinton signed the incommensurable largest crime bill Congress had ever legislated: the Violent Crime Control Act; now, in retrospect, perhaps the most anti human rights legislation in modern times, not just in the US but […]
Resilience is The New Black
Resilience is The New Black This is another essay from our friend Dr. Nelson Lebo III in New Zealand. Nelson is a certified expert in everything to do with resilience, especially how to build a home and a community designed to withstand disasters, be they natural or man-made, an earthquake or Baltimore. Aware that he […]
High Levels of Youth Unemployment – and Runaway Inequality – Cause Riots
High Levels of Youth Unemployment – and Runaway Inequality – Cause Riots Recipe For Disaster We’ve known for 1,900 years that runaway inequality destroys societies. The great American historian Will Grant wrote in 1969: In progressive societies the concentration[of wealth] may reach a point where the strength of number in the many poor rivals the strength of ability in the […]
