The 12 Days of a Capitalist Christmas

On the first day of Christmas my employer gave to me

10/4 Occupy Wall Street Update: Today’s events, tomorrow’s plan

Tuesday 10/4: Economist Richard Wolff spoke at Liberty Square. He said some very clear and hopeful things about the power of the people to invent a new system that would be better than capitalism. A late night (10:45pmish) serenade by Jeff Mangum of Neutral Milk Hotel. My friend Rose Zacchi from Long Island was on […]

Palin, Nader, & Augustus Agree on “Corporate Socialism” | Peace Couple

from Palin, Nader, & Augustus Agree on “Corporate Socialism” | Peace Couple. Duke Augustus was pleasantly surprised last night to hear former Alaska Governor Sarah Palin describe the US economy as “Corporate Socialism.”  This a a term that the Duke has been using for years to describe the US economy.  And a term that a quick […]

When Government Fails: Greed and the Degradation of Academia

Inside Job is the new documentary by Charles Ferguson that examines the financial crisis that erupted in 2008… Ferguson, with his Ph.D. from MIT, had extraordinary access to influential people…There is an extraordinary conversation between Ferguson and former Bush adviser Glenn Hubbard, who just so happens to be the current dean of Columbia Business School.  […]

How Donald Trump thinks…(how capitalism fails to produce wealth)

Donald Trump’s comments resonate with: the false optimism of a Bernie Madoff sales pitch; the economic confusion of a housewife who thinks she saved money by buying something she doesn’t need at 30% off; the precarious financial strategy of the derivatives market; the false belief that America’s corporate socialist culture is actually capitalism. I think […]

Economic advice from David McReynolds…

Sorry for the splashy title. Actually, former War Resister’s League secretary, socialist Presidential candidate and Green Party Senate candidate David McReynolds simply kept up the circle of forwarding around this very good article to his e-mail lists. But, as most things that David McReynolds admires, it is a thought-provoking article. (excerpt from) The Guardian UK […]

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