Category Archives: Reverse socialism
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
“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
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
Sanders disturbs the “profound languor of the comfortable”—with good reason
In her article “Feeling the Yern: Why One Millenial Woman Would Rather Go To Hell Than Vote For Hillary,” writer Holly Wood (cool parents, or nom de plume?) drops this gem: “If I am alarmed, it is by the profound … 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
How the rich got richer and continue to do so: evading risk.
On the most recent episode of the Keiser Report, Max and Stacy open the show with a discussion of the chart below, which shows that the top 1 percent of the world’s population owns half of the world’s wealth, and … Continue reading
Why Is All Money Ultimately Fake? Economist Steve Keen Explains. Time to Break Your Conditioning.
In a post-Oxi appearance on the Keiser Report (episode #780), noted economist Steve Keen spoke about the Greek economic situation specifically, then about the nature of debt generally, and in so doing perfectly encapsulated what I recently have been chastised … 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