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 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 Posts, economy
Video Post: The Monopolization of the Economy and Zephyr Teachout’s “Break’Em Up”
economy, education, inequality, justice/jails, racism, recently noted, video-movies-podcasts
“How Structural Racism Works” – Tricia Rose and Samuel Rosen – recently noted
books, economy, education, family, healthcare, inequality, justice/jails, politics
Tightrope – Americans reaching for hope by Kristof and WuDunn – book review
May 1, 2020 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 -->>economy, free-market ideology, inequality, politics
How the Rich and Big Corporations Feed Off Us During the Pandemic
May 1, 2020 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 -->>economy
The Coming End of Branding and Logos….. the shutdown
economy, family, inequality, recently noted
Recently Noted – “Across America, working-class people are dying of despair”
economy, free-market ideology
Real Estate Development – a local story –
economy, free-market ideology, politics
Nobel Prize Winners Critique Markets – Duflo and Bannerjee
October 27, 2019 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 -->>economy, free-market ideology
Recently Noted – Robert Reich on breaking up Big Tech – a limited view
economy, free-market ideology
Monopoly and Facebook – as told by Facebook’s co-founder
economy, free-market ideology, politics, recently noted, video-movies-podcasts
Recently Noted – Robert Reich: Socialism for the Rich, Capitalism for the Rest – a new video presentation
economy, free-market ideology, healthcare, video-movies-podcasts
Recently Noted – Sugar In Our Diet – the John Oliver Analysis
economy, free-market ideology, video-movies-podcasts
Recently Noted – Robert Reich video ”The Monopolization of America”
economy, women
Women Continue To Face A Big Pay Gap – and on into the future
economy, free-market ideology
The Monopolization of America
November 26, 2018 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 -->>economy, free-market ideology, video-movies-podcasts
John Oliver and Monopoly Capitalism
economy, free-market ideology
The New Digital Monopoly Capitalism
economy, free-market ideology
Structure of Jobs Is Changing Rapidly – Political System Failing to Address Issue
January 23, 2018 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 -->>economy
Recently Noted – the future of bitcoin and blockchain technologies – UPDATED
economy, free-market ideology
A Note on Jobs & Unemployment – revised
economy, family, inequality, recently noted
Recently Noted – A journey through a land of extreme poverty: welcome to America by Ed Pilkington
economy, politics
Deficits, Deficits – the rhetoric of the forthcoming attacks on the poor
economy, free-market ideology, recently noted
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 -->>economy, recently noted, video-movies-podcasts
Recently Noted – “Millions of professional drivers will be replaced…..” – NBC News
economy
US Corporate Taxes Higher Than Rest of World?
economy
Jobs, Automation, Walmart, and Globalization – low skill, low pay jobs disappearing
economy
Recently Noted about the US Economy – Dynamism in Retreat
economy
Globalization Taking American Hi-Tech Jobs – IBM example
economy
Fragmentation and Isolation in the US Economy – Distressed Communities Index
economy, political system, politics
Trickle-Down Returns to Enrich the Rich – updated
economy, free-market ideology, recently noted
Recently Noted – John Oliver and Monopoly Capitalism
economy, free-market ideology
United Airlines, Monopoly/Oligopoly, The Natural Laws of Capitalism
books, economy, free-market ideology, politics
Building the New American Economy – Not
April 5, 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 -->>economy, free-market ideology, politics
Job (Business) Killing Regulations
March 2, 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 -->>economy, free-market ideology
The Internet and Demand Management (Advertising)
March 1, 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 -->>economy, politics
How Much Money Would It Take To Eliminate Poverty in the US?
February 26, 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 -->>economy, free-market ideology, political system, politics
Talk Back: Correcting the Anti-Government Bias of Our Politics
January 29, 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 -->>economy, political system, politics, video-movies-podcasts
Park Avenue and How We Got There
January 22, 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 -->>economy, free-market ideology
The Gig Economy in the Academy – a note
December 29, 2016 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 -->>books, economy
Book Review – The Rise and Fall of American Growth
June 25, 2016 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 -->>economy, free-market ideology
Inside Goldman Sachs with the Federal Reserve
books, economy, free-market ideology
Flash Boys Doesn’t Ask the Important Question
economy, free-market ideology
Wall St – not about investing but fixing the game
economy
Thomas Friedman’s It’s a 401(k) World – facile, misleading
economy, free-market ideology
The Job Creators – Who Are They? The Rich, Really?
May 19, 2012 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 -->>economy
High Frequency Trading and Deeper Questions about Capitalism
March 27, 2012 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 -->>economy, free-market ideology, politics
Charts from Mother Jones Illustrate That the Rich Have Won the Class War
November 19, 2011 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 -->>economy
Economics Explained for 6th Graders
September 23, 2011 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 -->>economy, politics
Job Creation – A Pliable (Fraudulent) Rhetoric in the Current Debate over Debt and Debt Ceilings
July 12, 2011 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 -->>economy, politics
Where, Oh, Where Did Our National Debt Come From?
July 8, 2011 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 -->>economy, empire
More Thinking about the Defence Budget and US “Security” – a letter to the editor
May 6, 2011 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 -->>economy, politics
Let’s Talk About The Defense Budget – a letter to the editor
April 2, 2011 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 -->>economy, free-market ideology, political system, politics
Corporations as Persons – Freedom of Speech, now Right to Privacy – Bring on Three Strikes!
January 20, 2011 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 -->>economy, free-market ideology
Religious Doubt Spreads – Free Flows of Capital Seen as Dangerous to Some
economy, free-market ideology, politics
The Mortgage Debacle – Redux
October 10, 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 -->>economy, free-market ideology, politics
Krugman Asleep at the Wheel of History ….. the elite has not been interested for forty years…
August 2, 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 -->>economy, free-market ideology, politics
Do We Need Wall St. and all the other gamblers in the financial services world?
April 20, 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 -->>economy
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 -->>economy, free-market ideology
How Did We Come To Consider Corporations to Be Natural Persons? – What To Do Next?
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 -->>economy, free-market ideology, politics
Controlling Gambling by Wall St. and the Big Banks – Bad for Business?
January 22, 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 -->>books, economy, free-market ideology
Book Review: Manias, Panics, and Crashes: a history of financial crises by Kindleberger
economy, free-market ideology, politics