Tag Archives: capitalism
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
The headline of almost every news story about the Pope’s speech to the United Nations went with, in one form or another, the idea that the Pope wants redistribution of wealth from the rich to the poor, even though this … Continue reading