Capitalism

John Oliver and Monopoly Capitalism

John Oliver and Monopoly Capitalism

February 21, 2018

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.


Briefly Noted

Recently Noted – Robert Reich: how we got into this mess and how we get out of it

Recently Noted – Robert Reich: how we got into this mess and how we get out of it

December 29, 2017

Reich’s latest cartoon does a good job of describing the changes in the US economy, weaker on the underlying political campaign by the rich and corporations to restructure the economy to their benefit. Worth the 6 minute viewing time.


Capitalism

Ultra-Processed Foods, Conquest of New Markets, Capitalism In Action

Ultra-Processed Foods, Conquest of New Markets, Capitalism In Action

September 18, 2017

Brazil is the newest scene of massive marketing campaigns to replace local food and local diets with ultra-processed industrial foods. This is beginning to repeat the mass experiment in bad eating habits that the US has already experienced for two generations.


Briefly Noted

Recently Noted – about free market capitalism – is capitalism the real problem?

Recently Noted – about free market capitalism – is capitalism the real problem?

July 14, 2017

Capitalism is driven by a single internal logic that requires the transformation of people and nature into commodities to produce profits. This logic is amoral and the system, excepting for external controls by government and social institutions, just churns on.


Capitalism

Capitalism and Innovation

Capitalism and Innovation

July 5, 2017

For all of the chest beating about the bold risks taken by capitalists, the capitalist time horizon is very short when compared to the many years of work that have gone into almost every significant scientific and technological advance. Without extensive government investment in activities that deliver longer term success, the capitalist system will simply eat its seed corn until it is gone.


Healthcare

The Democratic Party and Healthcare – Preserving Obamacare Cannot Be The End Game

The Democratic Party and Healthcare – Preserving Obamacare Cannot Be The End Game

June 24, 2017

The Democratic Party must absorb the reality of our situation. We need to develop and express some outrage at the current healthcare providers. None of this will happen as long as Democrats are taking money from the rich and corporations. If there is a single lesson from the Bernie Sanders campaign it is that with messages and programs that reflect the needs of the vast majority of Americans, you can raise enough money to fight off the Republican Party and its wealthy and corporate sponsors. Time to start now.


Capitalism

Regulations vs Protections – more than just words

Regulations vs Protections – more than just words

May 7, 2017

The word “regulation” has been used as an epithet and rhetorical sledge hammer by Republicans and the centrist Bill Clinton Democrats as part of a general campaign to discredit anything that the government might do. This is part of the decades long political strategy of the rich and corporations to puff up the delights of “free markets”.


Capitalism

Dumping Concrete: a law of capitalism In action – a local example

Dumping Concrete: a law of capitalism In action – a local example

May 6, 2017

Every company seeks to get someone else to pay for as many of its costs of doing business as possible. The laws of capitalism require this. If all of Stickles’ competitors are similarly avoiding the costs of disposing of their waste concrete they must do likewise. Otherwise their cost of doing business would be higher. In the short term their profits will be lower. In the longer term they will be forced out of business because they will have to charge higher prices. This is so regardless of the moral values or sense of community of the owners of F.H.Stickles. This how capitalism works.