Tag Archives: capitalism
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
Chomsky on Financialization vs. Capitalism: “That doesn’t make me fall in love with the feudal system.”
Great article about real-world economics on the occasion of Noam Chomsky’s comments in a documentary called “The Divide.” Noam is particularly on point in this one. Example: “INTERVIEWER: Does it give you any hope that some of the super-rich, such … 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
So this is the end game of capitalism—the pool of cheap labor being drained by an insane quest for profit at the expense of people. Retailers like Walmart realize that their customer base has no money to spend because America … Continue reading