How is money made? Well, in conventional terms we work for it. But where does it come from? We know that the economy needs a sufficient “money supply” so we can exchange “goods and services” every day. Of course, it’s not that simple. After the “Great Recession” of 2008, the Federal Reserve injected hundreds of … More Making Money: The Ultimate Illusion of a Debt-Driven Economy
It’s pretty clear that the corporate state is in control of the economic culture of the U.S. and that of most other nations as well. As environmentalists try to get enough attention to explain what is obvious about climate change, the scientific information is minimized, suppressed, or distorted. We’re told that the best solutions to … More How to Change the Economic Culture…and Save the Planet
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
I’d wanted to go to Alaska for a long time. Finally we arranged for a small-craft inner coastal waterway trip on the “Wilderness Adventurer,” from Juneau to Ketchikan for 6 days, to be followed by a road trip from Anchorage to Homer to Denali and return. After 5 days of beautiful weather, kayaking and hiking … More Sunshine in Ketchikan: The Trouble Ahead
When we think of “development,” it is usually about economic development of the so-called “developing nations,” that is, nations whose economies have not caught up with the “advanced” industrial nations of North America and Europe. Without question, the most advanced technology and its application to the full range of industrial processes, from extraction to product … More Two Kinds of Development
Political labels along the supposed continuum from left to right have always been problematic for me. As a professor long ago explained to us naïve freshmen in an introductory political science class in college, if you move far enough to the left, you end up on the right and if you move far enough to … More The Liberal Conservative and the Conservative Liberal
The U.S. imprisons a greater portion of its citizens than any other nation in the world. We also incarcerate a larger absolute number of prisoners than any other nation, even China! What does this tell us about our culture and about how “social control” is exercised in America? One thing is certain: more and more … More Incarceration Nation
We have been converted from citizens to consumers. That conversion has been helped along by the dumbing down of education in the waning decades of the industrial era. The once lofty goal of building a viable democratic society by assuring that citizens were adequately educated in all things human, including art, science, music, culture, and … More In Defense of Education
In a growth economy, new jobs are created on a regular basis because new production expands the employment base. In a shrinking economy, just the opposite happens. The U.S. and most of the industrial world have enjoyed the benefits of expanded production and employment for many decades, minus the occasional downswings of the “business cycle,” … More The Real Cause of Unemployment: Automated and Outsourced Over-Production
Ruling elites routinely distract their subject people by directing attention to individuals or ethnic groups as ‘the enemy,’ and it routinely works. As long as people are distracted by arguments over ethnic and individual culpability and conflict, the oligarchy wins. We could discuss the dominance of the English-American elite over the American economy and politics … More Scapegoating for the Oligarchs, or Not
Robert MacNeil Christie, Author 