Cry More Lib, Financial Humiliation driving politics

CRY MORE, LIB

The mainspring of Donald Trump’s base is anger.  It is fueled by humiliation. America’s Great Recession defined the tipping point, politically and economically. In the ten-year period following the Recession’s onset, economic performance of congressional districts labeled Blue diverged at a breathtaking pace from those labeled Red. GDP grew a full one-third in Blue districts, […]

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FRAUD!

Capitalism and Fraud Fraud’s on the rise in American capitalism, politics and culture.  It occurs when a “sucker” is tricked, duped or hustled into acting against their best interest.  Deception always plays a part. Here’s four alleged frauds, drawn from the news on a single day, the last day of Summer, 2020: National Institutes of […]

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A Second American Depression | Capitalism in Crisis with Jim Sawyer

A SECOND AMERICAN DEPRESSION? JUST AROUND THE CORNER?

There’s no official definition for economic depression. Intuitively it means protracted recession when expectations sink and malaise sets in, to become the new norm. Breaking out would be daunting due not only to economic realities but also to political intransigence heightened by continuing culture warfare. Sound all too possible? Could America be verging on getting […]

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WOULD ADAM SMITH WEAR A COVID-19 MASK?

Absolutely. Adam Smith would wear a mask to protect others. He would respect and hold others’ needs on par with his own. He would expect them to do likewise. Smith did not endorse the pursuit of unbridled self-interest. Instead, he embraced self-interest, rightly understood. He was a moral philosopher; an ethicist. Smithian capitalism works when […]

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EINSTEIN AND ORDERLINESS

Albert Einstein eulogized Isaac Newton as brilliant even though his contribution was circumscribed by the time in which he lived. Newton’s imagination was unable to propel him beyond the limits of our solar system or beneath the level of the molecule. Similarly, Adam Smith was unable to foresee implications of a looming real-world crash manifested […]

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TIP 30: If You’re Not Laissez-Faire Capitalist, You’ve GOT TO BE Socialist! July 30, 2019

Really?  Only one or the other?  Just TWO choices, both extreme? Yup.  Extreme ideologues on either side agree; there’s no middle.  Just laissez-faire on one far-side and Karl Marx-style socialism on the other. To the contrary, at www.capitalismincrisis.org we spell out clearly how a vital middle is hiding in plain sight.  It’s a middle just […]

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