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Want to Know Where the Economy Is Going? Watch The Top 10%
Want to Know Where the Economy Is Going? Watch The Top 10% Should the wealth effect reverse as assets fall, capital gains evaporate and investment income declines, the top 10% will no longer have the means or appetite to spend so freely. Soaring wealth-income inequality has all sorts of consequences. As many (including me) have noted, […]
Inequality Could Be Addressed By Removing Our Options
Inequality Could Be Addressed By Removing Our Options Recently I stumbled upon an interesting and informative YouTube video on the environment that gives information on both sides of the question, “is there a climate change crisis?” A fella who has studied this subject indicated there is not and what we are being told by many […]
Will Civilization’s Response to COVID-19 Lead to a More Sustainable, Equitable World?
Will Civilization’s Response to COVID-19 Lead to a More Sustainable, Equitable World? What better time to shift our thinking and actions away from a hyperconsumptive, inequality-widening, environmentally-detrimental era than the 50th anniversary of Earth Day. Having been shaken to our collective core by the COVID19 pandemic, can we muster the will to make major changes […]
Localisation: A strategic solution to globalised authoritarianism
Localisation: A strategic solution to globalised authoritarianism For those who care about peace, equality and the future of the planet, the global political swing to the right over the past few years is deeply worrying. It has us asking ourselves, how did this happen? How did populism turn into such a divisive and destructive force? How […]
Equality: A Beneficial Alternative to Collapse
Equality: A Beneficial Alternative to Collapse What future shall we choose? Equality or inequality? Deep democracy or more limited forms? Sustainability and wise stewardship of resources, or exploitation for profit? You have a good idea of where current systems are taking us. A viable alternative path exists, and that path is science based. InMarch 2018, Bloomberg […]
Have We Hit Peak Inequality?
Have We Hit Peak Inequality? These 400 billionaires are wealthier than 190 million of their fellow Americans. When should we be alarmed about so much wealth in so few hands? The Great Recession and its anemic recovery only deepened the economic inequality that’s drawn so much attention in its wake. Nearly all wealth and income […]
When the Aristocracy Leaves the Commoners in the Dust, The Empire Is Doomed
When the Aristocracy Leaves the Commoners in the Dust, The Empire Is Doomed We all know the barriers between the commoners and the Elite rise higher every year, despite the claims of the corporate media and the Power Elite aristocracy. Historian Peter Turchin identified “the degree of solidarity felt between the commons and aristocracy” as […]
Alternatives to Capitalism
Alternatives to Capitalism It is said that capitalism believes in competition but hates competitors. With this thoughtful book, Robin Hahnel and Erik Olin Wright aim to strengthen the resources of anti-capitalist politics against the charge that ‘there is no alternative’. While there is a debate on the left over the value of engaging in utopian […]
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 […]
SOLVING CRIME AND INEQUALITY, WITH A SEED
SOLVING CRIME AND INEQUALITY, WITH A SEED A sense of community itself goes a long way towards building the kind of trust and equality necessary for safer and more just communities. [1] Indeed, many of today’s social improvement programs, from arts to sports, to jobs, housing and political forums, are choosing to base their efforts […]
