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The Rich Get Richer and the Poor, Poorer – But Why?
The Rich Get Richer and the Poor, Poorer – But Why? A Brief Digression into Heterodox Economics The rich get richer and the poor get poorer. The Parable of Talents, found in Matthew 25:24-30, is perhaps the earliest written statement of this famous aphorism: For unto every one that hath shall be given, and he […]
Wrong for a different reason
Wrong for a different reason Alexandria Ocasio-Cortez – A well-meaning but not particularly bright left-leaning US politician – made a stir earlier this week by wearing a figure-hugging dress emblazoned with the slogan “Tax the Rich” to the prestigious 2021 Met Gala. Since the slogan was clearly political, it wasn’t long before the various political […]
Evil Geniuses: How the Rich Took Control of America (and Canada)
Evil Geniuses: How the Rich Took Control of America (and Canada) Kurt Andersen looks at the not-so-secret conspiracy by the rich, right and big business. Donald Trump’s presidency is just one result of a 50-year conspiracy to ensure the rich and the right controlled America. Photo: US government. They may have sentenced Leonard Cohen to 20 years […]
The One True Thing
wikimedia The One True Thing Until you understand it, it will rule your life. Until you see clearly how the rules of society work, you will be trapped within a system of control. What you mistake for reality is instead a fabricated simulation, designed to keep you trapped right where the system wants you. Your […]
Let Me Tell You About the Very Rich
Let Me Tell You About the Very Rich The Panama Papers highlight, with painstaking clarity, that austerity is not a shared sacrifice. It’s not like we didn’t know what was going on. But the “Panama Papers,” the largest-ever document leak and one that implicates political leaders and business executives around the world, confirms it — […]
Warming means unfair share for poor
Warming means unfair share for poor A bumper catch off the coast of northern Norway may be bad news for fishermen in southern waters. Image: Bo Eide via Flickr As temperatures rise with climate change, the Earth’s natural capital will change too − but there may be few winners, even among the wealthy. LONDON, 5 March, 2016 – Climate […]
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 […]
The Rich Get Richer: Titanic Stock Bubble Fueled by Buyback Blitz
The Rich Get Richer: Titanic Stock Bubble Fueled by Buyback Blitz Why are stocks still flying-high when the smart money has fled overseas and the US economy has ground to a halt? According to Marketwatch: “For the eighth week in a row, long-term mutual funds saw more money flowing out of U.S. stocks and into international stocks, according […]
Paul Tudor Jones Warns This “Disastrous Market Mania” Will End “By Revolution, Taxes, Or War”
Paul Tudor Jones Warns This “Disastrous Market Mania” Will End “By Revolution, Taxes, Or War” “This gap between the 1% and the rest of America, and between the US and the rest of the world, cannot and will not persist,” warns renowned trader Paul Tudor Jones during his recent TED Talks speech, as he addressed the question […]
We Live In An Era Of Dangerous Imbalances
We Live In An Era Of Dangerous Imbalances And history shows they correct painfully The intervention by the world’s central banks has resulted in today’s bizarro financial markets, where “bad news is good” because it may lead to more (sorry, moar) thin-air stimulus to goose asset prices even higher. The result is a world addicted to debt […]
States Consider Increasing Taxes for the Poor and Cutting Them for the Affluent
States Consider Increasing Taxes for the Poor and Cutting Them for the Affluent A number of Republican-led states are considering tax changes that in many cases would have the effect of cutting taxes on the rich and raising them on the poor. Conservatives are known for hating taxes but particularly hate income taxes, which they […]
