Dear Ben Arc, Thank you for your open letter and your efforts to bring a socialist perspective to bear upon my assessment of Bitcoin. In … Why Bitcoin is not a socialist’s allyRead more
Economics
Posted inEconomics / Pentagon / ToMl / USA Empire
Covid-19 Means Good Times for the Pentagon
In response to the Covid-19 pandemic, Washington has initiated its largest spending binge in history. In the process, you might assume that the unparalleled spread … Covid-19 Means Good Times for the PentagonRead more
Posted inEconomics / Israel Nazi / Military / News / USA Empire
Israel Requests Increase in U.S. Military Aid, Up to $4.5B
Israel arguing that a stronger Iran will threaten the region’s stability. The New York Times reports that Israel has been requesting between $4.2 billion to … Israel Requests Increase in U.S. Military Aid, Up to $4.5BRead more
Posted inEconomics / Medicine / ToMl / USA Empire
Who Profits from Trump Admin’s $6 Billion Vaccine Program?
Operation Warp Speed. That’s the name of the government program pumping billions into vaccine development and research. But who’s profiting? We look now at the … Who Profits from Trump Admin’s $6 Billion Vaccine Program?Read more
Posted inEconomics / Tax / ToMl
The rich dodge billions in capital gains tax using a very simple trick
The global economic crisis sparked by Covid-19 means governments urgently need additional revenue as emergency stimulus packages taper. Capital gains tax – a tax on … The rich dodge billions in capital gains tax using a very simple trickRead more
Posted inEconomics / ToMl
The Kid and the Modern American Growth Scam
In Charles Chaplin’s classic film, The Kid, the Kid runs around town throwing rocks into windows, setting the stage for his dad, the Tramp, to … The Kid and the Modern American Growth ScamRead more
Posted inEconomics / News / USA Empire / Women
Winning U.S. Women’s Soccer Team Paid Fraction of Losing Men’s Team
The U.S. women’s soccer team is being honored at a rally in Los Angeles, California, today after they beat Japan to win the World Cup … Winning U.S. Women’s Soccer Team Paid Fraction of Losing Men’s TeamRead more
Posted inCrime / Economics / ToMl
White Collar Crime Pays
Summary Since the 1980s, the fruits from rising economic output from workers at American corporations have concentrated earnings at the top. Average worker wages have … White Collar Crime PaysRead more
Posted inEconomics / Technology / ToMl
Poverty & High-Tech Billionaires
This winter finds me wrapped in a scarf of Dr. Who-ish proportions and immersed in archival research for my next book, The Digital Poorhouse: Computers, … Poverty & High-Tech BillionairesRead more
Posted inCapitalism / Economics / Multimedia / Politics
Reading Marx’s Grundrisse – 2
[youtube https://www.youtube.com/watch?v=EROA-ttUBVs&rel=0] David Harvey