Any genuine scientific analysis of the trajectory of global capital is hard to find. Economic history is rife with ideological stories of “wealth creation,” “capital formation,” and the mythical “invisible hand.” What is capital? What is wealth? What is money? Well, they are all pretty much taken for granted in most economic thinking – conveniently … More Global Capital, Illusions of Wealth, and the Walking Dead
It’s hard to give up on an ideal. But the “Change We Can Believe In” has faded, even as the illusion we had hoped it was not. The American electorate has always had a problem with distinguishing rhetoric from action. Of course, Obama’s efforts, such as they have been, have also been thwarted at every … More Delusions of Democrats: Ending Obamania
Ever wonder why the richest nation in the world, the U.S., has become a “debtor nation”? Oh, but they’ve already told you. It’s those politicians, especially the ‘liberal’ ones who just spend too much. You know, those “tax and spend” liberals. Well, I’m no apologist for the liberals. I agree with Chris Hedges that the … More The National Debt and Deficit Scam
The stories just keep coming. The NSA and the big corporations have been sweeping up massive amounts of data on all Americans. And of course, most others in the world who are “connected” in some way are being spied upon too. We cannot fail to notice that widespread surveillance has become routine practice in diverse … More The Militarised “Big-Data” Threat to Non-Violent Civil Action
Public concern over the possible spread of the Ebola virus epidemic from West Africa to the U.S. is growing. While the Centers for Disease Control (CDC) is taking various precautions, the situation is nevertheless of sufficient complexity to warrant concern. The outrage over the police killing of unarmed black teenager Michael Brown continues as a … More Public Renaissance: What Ebola, Ferguson, and Finance Can Tell Us
One of the effects of the penetration of money into every realm of life is the corruption of human values. The growing tolerance for, even blindness to, corruption in politics seems obvious. But it seems to pervade both everyday life and business as well. Corruption is not new. Neither are bribes, theft, or betrayal. Americans … More The Found Art of Self-Dealing and the Corruption of Everything
We often speak of development and growth as the same thing. But what do they really mean? Development seems to imply some form of improvement over prior conditions. Growth plainly refers to something getting bigger. Then there is “progress,” or, improvement over prior conditions. In the U.S. corporate-dominated culture, “development” is almost universally measured by … More Is Development Anything Other Than Growth?