free-market ideology
Video Post – Introduction to In Depth Capitalism Series
Introducing the In Depth series on the actual workings of capitalism. Commentary on economic theories. —>> read more –>>
free market capitalism
environment
Plastics and Run Amuck Capitalism
The earth is burdened by the tsunami of plastic refuse that will never degrade. Government needs to protect us from capitalist enterprises delight in externalizing costs to our detriment and their short-term benefit. —>> read more –>>
economy
John Oliver and Monopoly Capitalism
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. —>> read more –>>
economy
A Note on Jobs & Unemployment – revised
A Note on Jobs & Unemployment Original publication date – 12/27/2016; Revised – 12/31/2017 As the presidential campaign of 2016 fades away and the Trump Era begins, we find a national scene without any real —>> read more –>>
free-market ideology
Recently Noted – Robert Reich: how we got into this mess and how we get out of it
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. —>> read more –>>
free-market ideology
Ultra-Processed Foods, Conquest of New Markets, Capitalism In Action
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. —>> read more –>>
US Economy
The US economy is still the largest in he world and it makes us one of the richest nations on earth. We think of it as the most dynamic, innovative, technologically advanced in the world. The trends of the last decade show that there is much to be concerned about. —>> read more –>>
free-market ideology
Recently Noted – about free market capitalism – is capitalism the real problem?
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. —>> read more –>>
free-market ideology
Capitalism and Innovation
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. —>> read more –>>
free-market ideology
Healthcare and Markets – why don’t they work together?
A consistent chattering point in American discussions of healthcare is the claim that if we can only bring transparency and competition to healthcare we will drive prices down and bring sanity to healthcare. The rest —>> read more –>>