Accelerating Concentration of Income and Wealth: Another Positive Feedback Loop

That which seems to be wealth may in verity be only the gilded index of far-reaching ruin. ~ John Ruskin [1]p.187 Everybody seems to know that the concentration of income and wealth among “the one percent” has accelerated in recent years. Actually, the most extreme concentration is in the top one percent of the top … More Accelerating Concentration of Income and Wealth: Another Positive Feedback Loop

Homelessness, Plutocrats, Over-population, and the Climate Crisis

The “homeless” person is part of what is perceived by the power elite as an unneeded collection of persons of no value to the system – a “surplus population.” I first ran across the concept of “surplus population” in a sociology journal article many years ago. The point was simple: a certain number of “positions” … More Homelessness, Plutocrats, Over-population, and the Climate Crisis

Borrowing Nothing from Nowhere: Phantom Money and Phantom Debt

Borrowing money is a tricky thing to talk about, even trickier than talking about money itself. We all seem to have a love-hate relationship with the stuff. Well, maybe ‘stuff’ is not the right word. People disagree about what money actually is. Some, who I’ll call “money realists,” believe that the essence of money is … More Borrowing Nothing from Nowhere: Phantom Money and Phantom Debt

The Big Climate Blunder and Its Antidote: Risking Everything for What?

The Industrial Era has provided prosperity for many in the nations that industrialized first. In many ways it has also involved the plunder and pollution of both Body and Planet for over 200 years. After beginning to improve material existence for industrialized nations, especially through the 1950s and 1960s, the broadening participation in prosperity began … More The Big Climate Blunder and Its Antidote: Risking Everything for What?