“Though capitalism is meant to be based on competition, those at the top of the food chain have also shown themselves to be capable of inclusiveness and solidarity. The great Western Capitalists have done business with fascists, socialists, despots and military dictators. They can adapt and constantly innovate. They are
Continue readingTag: Economics for Dummies
Economics for Dummies: The scariest poet in Britain?
Funny, he doesn’t look so intimidating to me: But then again, I’m not a corporate tax dodger.
Continue readingEconomics for Dummies: I got 99 problems, and the rich ARE one
If this is not THE song of the year, I will be severely surprised. Download it and crank it…OFTEN.
Continue readingEconomics for Dummies: The true relationship of Liberty and Capitalism
Any questions?
Continue readingChairman Mao rolls in his grave
150 computer factory workers had to be talked down from a “suicide jump” in protest of lousy working conditions at the infamous Foxconn. This would not have made the news when Mao Zedong was in charge of China… The workers were eventually coaxed down after two days on top of
Continue readingChina: A village fights back
The story, courtesy of the UK Telegraph: For the first time on record, the Chinese Communist party has lost all control, with the population of 20,000 in this southern fishing village now in open revolt. The last of Wukan’s dozen party officials fled on Monday after thousands of people blocked
Continue readingEconomics for Dummies: Hallelujah! Hallelujah!
A little holiday hymn from the true gods and messiahs of the world: the 1%ers. Hallelujah!
Continue readingWhat you’re not being told about Libya
Bob Powell of Above Top Secret neatly unpacks the Libyan revolution-that-wasn’t. Some interesting shockers I hadn’t heard yet include the presence of al-Qaida, apparently operating with CIA blessing, in the “National Transitional Council”, and the presence of Qatari troops, in their own country’s uniform and speaking with distinctly non-African accents,
Continue readingQuotable: Dwight D. Eisenhower on the social safety net
Man, that Ike. What a commie-pinko socialist. How the hell did he ever become a Republican? (And speaking of which: Why is that party not deader than the friggin’ dodo by now?)
Continue readingWhy Iceland isn’t in the news nowadays
Michael Hudson has some hints: More at The Real News Basically, it has a lot to do with fucking those who have fucked you, and using a splintery broomstick to do it. Yeah, Icelanders got up on their hind legs and raised a ruckus. And the banks backed down. Iceland has made a rather dramatic […]
Continue readingQuotable: Adam Smith on progressive taxation
Man, that Adam Smith. Some “Father of Capitalism” this commie-pinko socialist wealth redistributor is turning out to be, eh?
Continue readingQuotable: Kieran Bonner on the banality of evil
“We are not suffering from a secret cabal of evil masterminds who plotted to bring down the world economy. The problem was not secrecy. On the contrary, the ballooning debt of the last 20 years, the massive student levels of student debt, the internet bubble, the real-estate bubble, the rise of speculation, the replacement of […]
Continue readingFestive Left Friday Blogging: Happy 1-month birthday, OWS!
Occupy Wall Street is now one month old, and still going strong. It’s also spreading across the continent and around the world. Virtually all major cities in North America (and quite a few minor ones as well) now have “Occupy” movements. And, if the news is to be believed, the powers-that-be are getting mighty nervous […]
Continue readingHeroes for Today: Alan Grayson
Don’t you love how, in just a minute and a half, he shuts up a whole table full of rightards with nothing but the facts? (And yeah, how about that prick in the green, P.J. O’Rourke? He hauls out every tired right-wing media stereotype of hippies, but doesn’t describe a single leftist that I’ve actually […]
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