Category Archives: Crap-italism
Socialism scare more accurately aimed at capitalism
It’s hilarious when the capitalists try to fearmonger over trying something that might actually help people. Socialism leads to “complete economic calamity?” Isn’t that what capitalism did in 2008? And 1987? And 1971? And 1929? And is about to do … Continue reading
Posted in Asset Bubble, class war, Crap-italism, fiat currency, Financial Terrorism, Financialization, Liberty Road, Master Narrative, Nixon Shock, Rent-seeking, Rentier, Securities, socialism, Uncategorized, Wealth transfer
Tagged capitalism, Donald Trump, economics, fearmongering, late capitalism, Marc Faber, Michael Hudson, recession, Reverse socialism, socialism, Zero Hedge
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Capitalism–or “Bank-ism?”
The problem with capitalism is the same thing that is touted as its virtue. Namely, one of capitalism’s animating doctrines is that a worker can work hard and make more money as time goes on, and this is how the … Continue reading
Goldman Sachs admits: Capitalism is not the cure, it is the disease
Whenever you get grief for criticizing capitalism, point those giving you said grief to this story, because it perfectly describes capitalism’s grave shortcomings with just the question asked in the headline: “Is curing patients a sustainable business model?” The story … Continue reading
Posted in biotech, Crap-italism, Goldman Sachs, paradox, Rent-seeking, socialism, Uncategorized, Wealth transfer
Tagged biotech, capitalism, cure, disease, Goldman Sachs, Hippocratic Oath, profit motive, recurring revenue, socialism
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United Kerfuffle Separates the Statists from the Anarchists
A comment from a Facebook friend completely nails the inexplicable controversy over whether David Dao, the doctor with a checkered professional past, should’ve been dragged off United 3411 or not: “You can not defend personal freedom and defend what is … Continue reading
Posted in Anarchy, civil rights, Crap-italism, freedom
Tagged 3411, David Dao, fine print, hidden contract, personal freedom, United Airlines
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5 Ways to Fix The Economy For The Better: Richard Wolff Interview
This interview is instantly my favorite thing Lionel has ever done. He interviews the brilliant economist Richard Wolff, and from the get-go, it’s a tour de force of common sense obliterating tired, hackneyed, jingoistic propaganda that somehow just won’t die … Continue reading
Posted in Crap-italism, Everything Is Rigged, Federal Reserve, fiat currency, freedom, history, Redistribution, Reverse socialism, socialism, Wage slavery, Wealth transfer
Tagged Federal Reserve, Jeremy Corbyn, Karl Marx, Labour Party, Lionel, Marxism, money supply, Richard Wolff, right to own, socialism
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Obedience—not resistance—is futile
Resistance is not futile—obedience is. Don’t believe me? Think about it. You obey and what happens? More obedience is required. You go to work, you pay your bills, you pay your taxes, you support your candidates, and so on. … Continue reading
Posted in Crap-italism, Debt, Debt Slavery, Everything Is Rigged, freedom, Police State, Resistance, Tyranny, Wage slavery
Tagged Alice Miller, Arthur Silber, birth school work death, Colin Kaepernick, Dakota Access Pipeline, freedom, George Washington, Malala Yousafzai, MLK, obedience is futile, Resistance is victory, Rosa Parks, Simon Bolivar, Tank Man
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“Capitalism”=Oligarchy/Feudalism on Steroids
Great post at More Crows Than Eagles called “Unnecessariat”–heavy stuff, all about the effects of supposed “capitalism” which is actually an oligarchy (feudalism?) on steroids which is by, of, and for the rentier class: “If there’s no economic plan for … Continue reading
Posted in Crap-italism, Debt Slavery, Feudalism, homeless, Profiles In Resistance, Redistribution, Rent-seeking, Rentier, Reverse socialism, socialism, Tyranny, Wealth transfer
Tagged capitalism, feudalism, More Crows Than Eagles, oligarchy, rent-seeking, Rentier, Scott Sorensen, Unnecessariat
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“Secret Shame” of Middle Class vs. Shamelessness of Banks
, While there is certainly much to appreciate in “The Secret Shame of the Middle-Class,” Neal Gabler’s recent article in The Atlantic, I still felt that it ultimately acts as an indictment of, rather than a gesture of solidarity with, … Continue reading
Conspiracy fact: Actual proof that banks create money out of nothing (Part 1)
Here at LRM, I have written a great deal about the fact that banks create money out of nothing, ex nihilo, out of thin air. This assertion was made after extensive research into the money-creation process, and I found that … Continue reading
Posted in Crap-italism, Debt Slavery, Everything Is Rigged, fiat currency, Paper terrorism, Redistribution, Reverse socialism, Too big to fail, Wealth transfer
Tagged banks, fractional reserve banking, free money, International Review of Financial Analysis, liquidity, money out of thin air, Raiffeisenbank Wildenberg eG, Richard Werner
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LIBERTY ROAD MEDIA 