capitalism

A reader of my recent post, “Nation-States Are A P —>> read more –>>

I was already 31 years old when the rip-off of Ame —>> read more –>>

I can’t seem to forgo comedians. Sometimes a laugh —>> read more –>>

Individualism and Libertarians Americans are renow —>> read more –>>

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.

Introducing the In Depth series on the actual workings of capitalism. Commentary on economic theories.

Eviction from home is a regular feature of life for the poor and working class, more so for black and brown people. The civil justice system works with the same imbalance of power as the criminal system. Based on the book Evicted by Matthew Desmond.

Adam Smith discussed the harms caused by monopolie —>> read more –>>

Corporate concentration of income and wealth are core features of capitalism. From its earliest cheerleaders like Adam Smith, the drive for corporations to get ever larger and in the doing drive their competitors out of the market was noted and warned against. John Oliver provides a thorough and amusing introduction.

The new digital economy is displaying the same drive to concentration, monopolies and oligopolies, that capitalism has always displayed. Facebook, Google, Amazon, Apple, and Microsoft are just a new face of the predatory monopolists of the Rockefeller Standard Oil age.