The Upside-Down Economy

The idea that the financial markets are the essential force that drives economic growth and progress, has dominated political thinking for too long. The financial markets and their agents have dominated politics and the Congress over recent decades more than ever before. After all, it took several decades for the financial elite to accomplish the … More The Upside-Down Economy

The Ideology of Predatory Capital: Social Illusions and Planetary Reality

With the fall of the Soviet Union and various other communist states, the victory of capitalism seemed assured. Ronald Reagan took on a God-like aura, anointed by Margaret Thatcher. The “Iron Lady” affirmed that there was no such thing as “society,” and there was no alternative to unfettered growth of neo-liberal capitalism. All was well … More The Ideology of Predatory Capital: Social Illusions and Planetary Reality

How to Create a Corporate State and Destroy the Planet

Ever wonder why President Obama insists that the “Trans-Pacific Partnership” (TPP) be “fast-tracked” through Congress? Why does its content have to be kept secret from the Congress and the American people? Yes, members of Congress may view its drafts in a secure room but are not allowed to even take notes away with them. Under … More How to Create a Corporate State and Destroy the Planet