Globalization is widely touted in the mass media as both inevitable and good. But why? It is claimed that products are more efficiently produced, labor is more productive, technology is improved by greater innovation, and capital is more efficiently allocated. But wait, there’s less! According to Paul Hellyer, former Deputy Prime Minister of Canada, “Globalization … More The Happiness Factor: What’s the Point of Having an Economy anyway?
I get It. We’re celebrating the American Revolution and our independence from England today. But the idea of independence has an odd history in the U.S.A. We treat the concept as a cultural icon, we fight “for freedom” around the world – or so we claim. We give little thought as to the real functions … More Independence: Illusion and Reality
The accelerating concentration of income and wealth in the upper 1% of the upper 1% of the population and the failure of the “growth” economy to serve the population that supports it, are not only moral questions of fairness. The distribution of income and wealth are also important elements of the health of the economy … More Why a Return to Progressive Taxation is necessary…and Right