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Watching America’s Collapse

Watching America’s Collapse Existence is running out for America In the 1950s and 1960s the United States was a vibrant society. Upward mobility was strong, and the middle class expanded. During the 1970s the internal contradiction in Keynesian demand management resulted in stagflation. Reagan’s supply-side economic policy cured that. With a sound economy under him, […]

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Are Economic Crises Inherent to Market Economies?

ARE ECONOMIC CRISES INHERENT TO MARKET ECONOMIES? It is interesting to note that Marx, in his analysis of the capitalist economic system, basically concentrates on the study of the imbalances and maladjustments which occur in the market. This accounts for the fact that Marxist theory is primarily a theory of market disequilibrium and that occasionally […]

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Marx, Orwell and State-Cartel Socialism

Marx, Orwell and State-Cartel Socialism When “socialist” states have to impose finance-capital extremes that even exceed the financialization of nominally capitalist economies, it gives the lie to their claims of “socialism.” OK, so our collective eyes start glazing over when we see Marx and Orwell in the subject line, but refill your beverage and stay […]

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Anthem!

Anthem! Ash: You still don’t understand what you’re dealing with, do you? Perfect organism. Its structural perfection is matched only by its hostility. Lambert: You admire it. Ash: I admire its purity. A survivor … unclouded by conscience, remorse, or delusions of morality. Parker: Look, I am … I’ve heard enough of this, and I’m […]

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Market Manipulation Confusion

Market Manipulation Confusion QUESTION: You say that long-term manipulations are impossible while short-term manipulations have been the focus of the bankers. Do you mean to say that not even governments can manipulate the economy perpetually? Are central banks buying US equities to manipulate the US stock market higher? It would seem that the Fed would then […]

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Inspiration For the Burned-Out Localizer

Richard Heinberg wants you to “learn to be successfully and happily poorer.” Photo: video screenshot. Inspiration For the Burned-Out Localizer While Marx predicted that socialism would follow capitalism, Richard Heinberg predicts the next thing will be localism. “All roads appear to lead eventually to localism; the questions are: how and when shall we arrive there, and […]

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#ResistFinance

#ResistFinance It may just be fitting that today is May Day, the old remembrance of the once “great” destructive force of international communism. Of course, it still resonates largely because its proponents view it from the standpoint of actual purity. Stalin, you see, never really practiced it; as such it has supposedly never really been […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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