Read the keystone essay:Â What Is Market Capitalism and Why Do We Need to Understand It?
The 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. However, the trends of the recent decades show that there is much to be concerned about.
The results are extremely tilted in the favor of the top 10% and even then to the top 1% really. Everyone else has not had a pay raise in forty years. We are well beyond the transition from an economy that was dominated by manufacturing, making things, to a services economy with an outsized chunk of that concentrated in the super profits of the financial sector. Throughout the economy the educational requirements have changed from a simple high school diploma to a college degree and higher. Automation and process improvements have driven enormous increase in labor productivity but very little to none of the benefits have remained available to the bottom 905 of the population.
The focus of this delusion, the US economy, is on understanding the trends and seeking suggestions for policies that could make the results more equitably distributed and the externalized social and environmental costs more agreeable.
Posts about the US Economy
Video Post: The Monopolization of the Economy and Zephyr Teachout’s “Break’Em Up”

“How Structural Racism Works” – Tricia Rose and Samuel Rosen – recently noted

Tightrope – Americans reaching for hope by Kristof and WuDunn – book review
May 1, 2020 Read the keystone essay:Â What Is Market Capitalism and Why Do We Need to Understand It? The US Economy The US economy is still the largest in he world and it makes us one of the --->> read more -->>How the Rich and Big Corporations Feed Off Us During the Pandemic
May 1, 2020 Read the keystone essay:Â What Is Market Capitalism and Why Do We Need to Understand It? The US Economy The US economy is still the largest in he world and it makes us one of the --->> read more -->>The Coming End of Branding and Logos….. the shutdown

Recently Noted – “Across America, working-class people are dying of despair”

Real Estate Development – a local story –

Nobel Prize Winners Critique Markets – Duflo and Bannerjee
October 27, 2019 Read the keystone essay:Â What Is Market Capitalism and Why Do We Need to Understand It? The US Economy The US economy is still the largest in he world and it makes us one of the --->> read more -->>Recently Noted – Robert Reich on breaking up Big Tech – a limited view

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

Recently Noted – Robert Reich: Socialism for the Rich, Capitalism for the Rest – a new video presentation

Recently Noted – Sugar In Our Diet – the John Oliver Analysis

Recently Noted – Robert Reich video ”The Monopolization of America”

Women Continue To Face A Big Pay Gap – and on into the future

The Monopolization of America
November 26, 2018 Read the keystone essay:Â What Is Market Capitalism and Why Do We Need to Understand It? The US Economy The US economy is still the largest in he world and it makes us one of the --->> read more -->>John Oliver and Monopoly Capitalism

The New Digital Monopoly Capitalism

Structure of Jobs Is Changing Rapidly – Political System Failing to Address Issue
January 23, 2018 Read the keystone essay:Â What Is Market Capitalism and Why Do We Need to Understand It? The US Economy The US economy is still the largest in he world and it makes us one of the --->> read more -->>Recently Noted – the future of bitcoin and blockchain technologies – UPDATED

A Note on Jobs & Unemployment – revised

Recently Noted – A journey through a land of extreme poverty: welcome to America by Ed Pilkington

Deficits, Deficits – the rhetoric of the forthcoming attacks on the poor

Recently Noted: World Inequality Report 2018 – findings and policies
December 14, 2017 Read the keystone essay: What Is Market Capitalism and Why Do We Need to Understand It? The US Economy The US economy is still the largest in he world and it makes us one of the --->> read more -->>Recently Noted – “Millions of professional drivers will be replaced…..” – NBC News

US Corporate Taxes Higher Than Rest of World?

Jobs, Automation, Walmart, and Globalization – low skill, low pay jobs disappearing

Recently Noted about the US Economy – Dynamism in Retreat

Globalization Taking American Hi-Tech Jobs – IBM example

Fragmentation and Isolation in the US Economy – Distressed Communities Index

Trickle-Down Returns to Enrich the Rich – updated

Recently Noted – John Oliver and Monopoly Capitalism

United Airlines, Monopoly/Oligopoly, The Natural Laws of Capitalism

Building the New American Economy – Not
April 5, 2017 Read the keystone essay:Â What Is Market Capitalism and Why Do We Need to Understand It? The US Economy The US economy is still the largest in he world and it makes us one of the --->> read more -->>Job (Business) Killing Regulations
March 2, 2017 Read the keystone essay:Â What Is Market Capitalism and Why Do We Need to Understand It? The US Economy The US economy is still the largest in he world and it makes us one of the --->> read more -->>The Internet and Demand Management (Advertising)
March 1, 2017 Read the keystone essay:Â What Is Market Capitalism and Why Do We Need to Understand It? The US Economy The US economy is still the largest in he world and it makes us one of the --->> read more -->>How Much Money Would It Take To Eliminate Poverty in the US?
February 26, 2017 Read the keystone essay:Â What Is Market Capitalism and Why Do We Need to Understand It? The US Economy The US economy is still the largest in he world and it makes us one of the --->> read more -->>Talk Back: Correcting the Anti-Government Bias of Our Politics
January 29, 2017 Read the keystone essay:Â What Is Market Capitalism and Why Do We Need to Understand It? The US Economy The US economy is still the largest in he world and it makes us one of the --->> read more -->>Park Avenue and How We Got There
January 22, 2017 Read the keystone essay:Â What Is Market Capitalism and Why Do We Need to Understand It? The US Economy The US economy is still the largest in he world and it makes us one of the --->> read more -->>The Gig Economy in the Academy – a note
December 29, 2016 Read the keystone essay:Â What Is Market Capitalism and Why Do We Need to Understand It? The US Economy The US economy is still the largest in he world and it makes us one of the --->> read more -->>Book Review – The Rise and Fall of American Growth
June 25, 2016 Read the keystone essay:Â What Is Market Capitalism and Why Do We Need to Understand It? The US Economy The US economy is still the largest in he world and it makes us one of the --->> read more -->>Inside Goldman Sachs with the Federal Reserve

Flash Boys Doesn’t Ask the Important Question

Wall St – not about investing but fixing the game

Thomas Friedman’s It’s a 401(k) World – facile, misleading

The Job Creators – Who Are They? The Rich, Really?
May 19, 2012 Read the keystone essay:Â What Is Market Capitalism and Why Do We Need to Understand It? The US Economy The US economy is still the largest in he world and it makes us one of the --->> read more -->>High Frequency Trading and Deeper Questions about Capitalism
March 27, 2012 Read the keystone essay:Â What Is Market Capitalism and Why Do We Need to Understand It? The US Economy The US economy is still the largest in he world and it makes us one of the --->> read more -->>Charts from Mother Jones Illustrate That the Rich Have Won the Class War
November 19, 2011 Read the keystone essay:Â What Is Market Capitalism and Why Do We Need to Understand It? The US Economy The US economy is still the largest in he world and it makes us one of the --->> read more -->>Economics Explained for 6th Graders
September 23, 2011 Read the keystone essay:Â What Is Market Capitalism and Why Do We Need to Understand It? The US Economy The US economy is still the largest in he world and it makes us one of the --->> read more -->>Job Creation – A Pliable (Fraudulent) Rhetoric in the Current Debate over Debt and Debt Ceilings
July 12, 2011 Read the keystone essay:Â What Is Market Capitalism and Why Do We Need to Understand It? The US Economy The US economy is still the largest in he world and it makes us one of the --->> read more -->>Where, Oh, Where Did Our National Debt Come From?
July 8, 2011 Read the keystone essay:Â What Is Market Capitalism and Why Do We Need to Understand It? The US Economy The US economy is still the largest in he world and it makes us one of the --->> read more -->>More Thinking about the Defence Budget and US “Security” – a letter to the editor
May 6, 2011 Read the keystone essay:Â What Is Market Capitalism and Why Do We Need to Understand It? The US Economy The US economy is still the largest in he world and it makes us one of the --->> read more -->>Let’s Talk About The Defense Budget – a letter to the editor
April 2, 2011 Read the keystone essay:Â What Is Market Capitalism and Why Do We Need to Understand It? The US Economy The US economy is still the largest in he world and it makes us one of the --->> read more -->>Corporations as Persons – Freedom of Speech, now Right to Privacy – Bring on Three Strikes!
January 20, 2011 Read the keystone essay:Â What Is Market Capitalism and Why Do We Need to Understand It? The US Economy The US economy is still the largest in he world and it makes us one of the --->> read more -->>Religious Doubt Spreads – Free Flows of Capital Seen as Dangerous to Some

The Mortgage Debacle – Redux
October 10, 2010 Read the keystone essay:Â What Is Market Capitalism and Why Do We Need to Understand It? The US Economy The US economy is still the largest in he world and it makes us one of the --->> read more -->>Krugman Asleep at the Wheel of History ….. the elite has not been interested for forty years…
August 2, 2010 Read the keystone essay:Â What Is Market Capitalism and Why Do We Need to Understand It? The US Economy The US economy is still the largest in he world and it makes us one of the --->> read more -->>Do We Need Wall St. and all the other gamblers in the financial services world?
April 20, 2010 Read the keystone essay:Â What Is Market Capitalism and Why Do We Need to Understand It? The US Economy The US economy is still the largest in he world and it makes us one of the --->> read more -->>The Two Faces of Mortgage Debt – “Return to Creditor”
January 25, 2010 Read the keystone essay: What Is Market Capitalism and Why Do We Need to Understand It? The US Economy The US economy is still the largest in he world and it makes us one of the --->> read more -->>How Did We Come To Consider Corporations to Be Natural Persons? – What To Do Next?
January 25, 2010 Read the keystone essay:Â What Is Market Capitalism and Why Do We Need to Understand It? The US Economy The US economy is still the largest in he world and it makes us one of the --->> read more -->>Controlling Gambling by Wall St. and the Big Banks – Bad for Business?
January 22, 2010 Read the keystone essay:Â What Is Market Capitalism and Why Do We Need to Understand It? The US Economy The US economy is still the largest in he world and it makes us one of the --->> read more -->>Book Review: Manias, Panics, and Crashes: a history of financial crises by Kindleberger
