Economic Articles Excerpt List
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The Bailouts for the Rich Are Why America Is So Screwed Right Now
[Economic] The Bailouts for the Rich Are Why America Is So Screwed Right Now by Matt Stoller Posted October 16, 2018 Did they prevent a full-scale collapse? Yes. Was it necessary to do it the way we did? Not at all. It’s worth reflecting on this quote on the ten-year...
Why Public Banks Are Suddenly Popular
[Community] Why Public Banks Are Suddenly Popular By Sarah Jones Posted October 11, 2018 Later this year, on the midterm ballot, voters in Los Angeles, California, will be asked an uncommon question: Should the city be to allowed to create a public bank? L.A.’s...
Here’s Why Capitalism Can’t Fix Climate Change
[Social] Here’s Why Capitalism Can’t Fix Climate Change by Stan Cox Posted October 10, 2018 People running big corporations—indeed, those running businesses of all sizes—seek to maximize profits not because they are misguided, but because that’s their job in a...
Monetary Reform Manual
[Economic] Monetary Reform Manual by American Monetary Institute Posted October 7, 2018 Monetary reform is the critical missing element needed to move humanity back from the brink of economic destruction and nuclear disaster, away from a future dominated by fraud,...
Plutocracy Now!
[Social] Plutocracy Now! By Michael Brenner Posted October 3, 2018 The United States today qualifies as a plutocracy – on a number of grounds, and it is having a profound impact on the media, education and think tanks–indeed on the whole of society. Plutocracy...
Becoming Serfs
[Economic] Becoming Serfs by Chris Hedges Posted October 3, 2018 Instead of creating a middle class, it polarizes everything,it allows the top executives to go completely crazy with their pay packages. They are paid beyond what’s reasonable, beyond what their fellow...
Sanctions Backfire: US Is Being Left Behind
[Economic] Sanctions Backfire: US Is Being Left Behind By Kevin Zeese and Margaret Flowers Posted October 2, 2018 The United States has a long history of dominating international economic institutions and has been able to use that power in the past to control other...
How a Free Market Inevitably Produces Dictatorship
[Economic] How a Free Market Inevitably Produces Dictatorship by Eric Zuesse Posted September 30, 2018 Who rules the land? A deeper and truer version of this question is: What rules the land? Is it the money (the aristocracy), or is it the people (the public, the...
How Capitalist Utopia Became Everyone Else’s Dystopia
[Economic] How Capitalist Utopia Became Everyone Else’s Dystopia by Umair Haque Posted September 27, 2018 I don’t usually write essays about charts— but this one’s different. It’s American collapse in four lines. It says that American elites mismanaged their economy...
Ten Years After the Crash, We’ve Learned Nothing
[Economic] Ten Years After the Crash, We’ve Learned Nothing by Matt Taibbi Posted September 20, 2018 Ten years ago, on Saturday, September 13th, 2008, the world was about to end. The New York Federal Reserve was a zoo. Imagine NASA headquarters on the day a giant...
Central Banks Have Gone Rogue, Putting Us All at Risk
[Economic] Central Banks Have Gone Rogue, Putting Us All at Risk by Ellen Brown Posted September 17, 2018 Excluding institutions such as Blackrock and Vanguard, which are composed of multiple investors, the largest single players in global equity markets are now...
Two Knockout Blows to US Imperialism: De-Dollarization and Hypersonic Weapons
[Politics] Two Knockout Blows to US Imperialism: De-Dollarization and Hypersonic Weapons by Federico Pieraccini Posted September 17, 2018 In the current multipolar world in which we live, economic and military factors are decisive in guaranteeing countries their...
Trump Takes on the Fed
[Economic] Trump Takes on the Fed by Ellen Brown Posted September 17, 2018 Ever since the 1970s, the Fed and other central banks have insisted on their independence from political control. But according to Timothy Canova, Professor of Law and Public Finance at Nova...
Looking Back on the Prosecution Failures after the 2008 Wall Street Crash
[Economic] Looking Back on the Prosecution Failures after the 2008 Wall Street Crash By James A. Kidney Posted September 12, 2018 As the nation approaches the 10th anniversary of the demise of Lehman Brothers, which is popularly pegged as the beginning of the Great...
Wall Street’s Derivatives Nightmare: New York Times Does a Shallow Dive
[Economic] Wall Street’s Derivatives Nightmare: New York Times Does a Shallow Dive By Pam Martens and Russ Martens Posted September 12, 2018 The New York Times published a 1300-word shallow dive into the byzantine, globally-interconnected world of financial...
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Quotable Sayings
Next the statesmen will invent cheap lies, putting the blame upon the nation that is attacked, and every man will be glad of those conscience-soothing tactics, and will diligently study them, and refuse to examine any refutations of them; and thus he will by and by convince himself that the war is just, and will thank God for the better sleep he enjoys after this process of grotesque self-deception.
Mark Twain
The Shocking Truth about Our Money System and How We Can Break Free!
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