[Image Credit R. Christie. A google search yielded no graphic image that reflected more or less inequality in a society, so I drew one. Notice where the widest parts are. More inequality exists where the bottom of the figure is wide (the very poor) and the top (mega-billionaires) is narrow. Less inequality is shown by … More Inequality is a Verb: It is a Process, Not Just a Condition
I read a some articles and listened to a couple of podcasts over the last week or so, all of which, taken together, were quite sobering especially in the context of the great changes we increasingly see these days. That led me to the following thoughts on the difficulties so many have in accepting the … More Financially Deaf, Ecologically Dumb, and Energy Blind
In the U.S. and probably many other places, the struggle between BIG and small continues. Now it’s really a matter of global life or death. Most of us have come to accept the fact that giant transnational corporations dominate the economy and our lives. Of course, some of these entities put forth a public persona … More BIG and BIGGER: How to Undermine Climate Action and Democracy to Save Capitalism and Kill the Planet
Bloomberg News reported on February 3, 2016, that a new report from Goldman Sachs Group Inc. analysts wonders whether currently very high corporate profit margins can be sustained. They are at near record levels, despite a stagnant real economy characterized by record low wages and listless job growth and declining opportunity structures. Well, according to … More Questioning Capitalism: Goldman Sachs on Corporate Profit Margins
Robert MacNeil Christie, Author 