Questioning Capitalism: Goldman Sachs on Corporate Profit Margins

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

Malthus, Mistakes, and Missing the Obvious

I’ve been reading a very interesting book lately. It is all about scientific ideas or theories that the authors of its many small chapters believe are impeding scientific progress in a wide variety of specialties. The book is called, This Idea Must Die: Scientific Theories That Are Blocking Progress (New York: Harper Perennial, 2015). Edited … More Malthus, Mistakes, and Missing the Obvious

False Hopes and Disingenuous Agreements: COP21 and Climate Catastrophe

The corporate mass media were briefly all agog about the agreement reached in Paris for the world’s nations to reduce green house gas emissions and save the planet.[1] COP21 was widely declared a success, then quickly ignored. But really, what was accomplished? A very slick propaganda pitch by the world’s political elites, that’s what. Yet, … More False Hopes and Disingenuous Agreements: COP21 and Climate Catastrophe

Why Recycle? Sometimes the Necessary is Insufficient

I have been recycling for a long time. At first it was just aluminum cans and glass bottles, especially when there was a deposit to collect. Then plastic grew to dominate the world of packaging. Of course, the process has gotten more sophisticated in the last couple of decades. Remember the 5¢ redemption on glass … More Why Recycle? Sometimes the Necessary is Insufficient

COP21, Bill Gates, and Climate Catastrophe

COP21, like the United Nations climate conferences before it, appears to be floundering over international non-binding showcase “commitments” to reduce carbon emissions — and is emitting effusive illusions of progress. Pleas of island nations fall on deaf ears. The negotiators are ignoring the scientific evidence that the reductions they are talking about fall far short … More COP21, Bill Gates, and Climate Catastrophe

Drone Cop. Part I: Destroying Citizenship by Dehumanizing Police

Remember “RoboCop,” Paul Verhoeven’s landmark sci-fi thriller movie? A future monolithic corporation controls a crime-infested Detroit. It transforms a dead police officer into a cybernetic law-enforcement “unit” called RoboCop. The cyborg hero devastates urban criminality, and soon the streets are safe.[1] RoboCop is little more than an cybernetic enforcement drone; the remains of his humanity … More Drone Cop. Part I: Destroying Citizenship by Dehumanizing Police

Trapped by Finance Capital: Business as Usual While Planet Burns Part III: Creative Destruction

Humanity must minimize the chaos of a catastrophic convergence of accelerating climate destabilization, growing poverty and food shortages, armed conflict, and massive migrations around the world. Otherwise, while the old plutocratic order will be destroyed, nothing viable will emerge to replace it. A new form of “creative destruction” must occur for human survival. A new … More Trapped by Finance Capital: Business as Usual While Planet Burns Part III: Creative Destruction

Trapped by Finance Capital: Business as Usual While Planet Burns. Part II: Chaos

The role of Exxon in delaying climate action over the past three decades since its executives were made aware of the consequences of global warming by its own engineers was huge. But it was made possible by the great power that the largest fossil-fuel corporation has had on the society because of its integration with … More Trapped by Finance Capital: Business as Usual While Planet Burns. Part II: Chaos

Trapped by Finance Capital: Business as Usual While Planet Burns. Part I: Control

Despite the absurd antics of a few fossil-shills in the U.S. Congress, most Americans now recognize the urgency of taking strong actions to mitigate the rapidly growing climate crisis. Mitigation has to mean stopping the flow of CO2 into the atmosphere and oceans so that the damage to ecosystems that is well underway can be … More Trapped by Finance Capital: Business as Usual While Planet Burns. Part I: Control