Tag Archives: profit motive

Capitalism–or “Bank-ism?”

The problem with capitalism is the same thing that is touted as its virtue. Namely, one of capitalism‚Äôs animating doctrines is that a worker can work hard and make more money as time goes on, and this is how the … Continue reading

Posted in Bank-ism, Crap-italism, Debt, Everything Is Rigged, Financialization, Rent-seeking, Rentier, Wealth transfer | Tagged , , , , | Leave a comment

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 , , , , , , , , | 1 Comment