books

Capitalism – the actual workings – coming soon

The work to revise and expand my 2018 essay “Capitalism – a critique” has entered its final stages. A final draft has been distributed to a number of readers for comment and critique. I am now working on a book version. Capitalism – the actual workings – is the new working --->> read more -->>
free-market ideology

Video Post – Externalities – getting somebody else to pay for my production costs – the In Depth Capitalism series

Capitalism features a structural drive to create and use external costs to increase profits. Pollution of the earth is the most obvious and visible; there are many others including injuries and death for workers.
No Picture
environment

Recently Noted – the chemical industry, government, and personal connections to TCE

Back in the early and mid ‘70s both Karen and I worked in various machine shops and other industrial locations. Trichloroethylene (TCE) was used on a daily basis to clean metals parts and other materials. I remember a large tank of slowly roiling hot TCE at Stevens Arnold, Inc. in --->> read more -->>
economy

Real Estate Development – a local story –

We generally don’t report or comment on local affairs here at AmericanDelusions. But, the craziness of real estate development in Greenport, the town that surrounds our hometown of Hudson, illustrates a downside of our market centered economy working in an environment where whatever the market wants it gets. The Greenport Planning --->> read more -->>
No Picture
free-market ideology

Recently Noted – challenging views of Justice Clarence Thomas – the intractable nature of white racism

Supreme Court Justice Clarence Thomas has been famous and more than a bit of an outlier in American life from the moment he came on the public stage over the summer of 1991. Today I noted an interesting book review by Harvard sociologist Orlando Patterson in the October 4, 2019 --->> read more -->>
The Monopolization of America video by Robert Reich
economy

Recently Noted – Robert Reich on breaking up Big Tech – a limited view

Robert Reich is continuing his series of brief YouTube videos on progressive view of the economy. This is a good introduction to the arguments for re-invigorating our protections against monopolies. However, the problem is much more widespread than just the high tech industry. We’ve written about this broader phenomenon in --->> read more -->>
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economy

Monopoly and Facebook – as told by Facebook’s co-founder

The May 9th NYTimes has an Op-Ed essay, It’s Time to Break Up Facebook, by Chris Hughes, the co-founder of Facebook, calling on the government to break up that company. The essay is very thorough in describing the current monopoly behavior of Facebook, the deleterious effects on competition and vigor in --->> read more -->>
education

Recently Noted – PhDs on Food Stamps – Labor in US Higher Ed

American higher education, once the envy of the world, is continuing to slump towards a becoming a factory for debtors. With falling public tax support around the country for our two and four year colleges and universities, students are underwriting the enormous growth in tuition and administrators’ salaries with student --->> read more -->>