Adam Smith was no blind worshipper of the market economy. He pointed to many of the deformations of human behavior that we still deplore today.
Why can’t the U.S. follow the example of other, truly democratic nations in limiting the influence that very rich people can have on elections?
As the wealth of two-thirds of the world’s billionaires is based on inheritance, monopoly and cronyism, Trump will be among friends in Davos.
Those at the top of Wall Street finance know that what they do may be wrong – but not necessarily illegal. And so they carry on, under the “watchful” eye of US authorities.
Living under the modern conditions of “liquidity,” humans know that everything can happen—yet nothing can be done with confidence and certainty.
To Trump, the broad masses of the American people are ultimately no better than Mexico’s poor. All he really desires is the approval of the billionaire class.
Amidst a reactionary revolution without precedent, the Democrats and the mainstream media only exhibit cluelessness, if not complicity.
From the United States to Japan and Europe, Gross Imaginary Product has exploded everywhere real interest rates have been kept below zero.
Why can’t 20th century tools be used to address 21st century income inequality?