Category Archives: Rent-seeking
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
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
“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
Bailout vs. Bernie: Which is more “socialist?”
Oh, the smugness that doth flow from those who fancy themselves to be cold realists, allegedly harboring nary a scintilla of fantasy about the way the world doth “really work”—a way which these smug folk unfailingly describe with a single, … Continue reading
Quantum Theory of Fake Money and Fraud: “The black hole of debt is starting to warp the financial universe”
Professor Max “Planck” Keiser again breaks down for us what is really going on in Episode 827 of the Keiser Report. Professor Stacy “Einstein” Herbert tells us that in the past few episodes, she and Max had been talking about … Continue reading
American “Capitalism”= “Pay or Die”: The system we actually have is not the system we think we have.
In a very revealing appearance on Gary Dubin’s vital radio program—“The Foreclosure Hour”—Washington attorney Scott Stafne accurately gets to the core of what is behind not only the crisis faced by homeowners trying to save their homes from foreclosure via … Continue reading
Slavery and Secession: Old vs. New—TPP Edition
I was chastised last night on Facebook for constantly posting about the reasons why I believe that the rebel flag should be removed from Mississippi’s flag and from South Carolina’s capitol. And of course, trying in vain to promote my … Continue reading
All Debt Is Odious: Greek Report Gets It Mostly Right
Grexit on, Grexit off…Grexit on, Grexit off…that’s been the story for a while now, but could a new report by the Debt Truth Committee of the Hellenic Parliament which declares that Greece’s debt to the Troika is odious flip the … Continue reading