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Let’s make attending Davos as shameful as running a sweatshop

Let's make attending Davos as shameful as running a sweatshop by Steve Hilton Posted January 24, 2016 Davos has just finished. You know, the annual meeting of the World Economic Forum. What, didn't you get your invitation? Oh dear, looks like you don't really matter....

What’s Eroding the Middle Class?

What's Eroding the Middle Class? by Charles Hugh Smith Posted January 19, 2016 This erosion of a self-employed, independent middle class was an important pre-condition for the collapse of Rome and the French Revolution. I have devoted many blog posts to the erosion of...

How Debt Conquered America

How Debt Conquered America by Jada Thacker Posted January 15, 2016 America presents itself to the world as "the land of the free" but – for the vast majority – it is a place of enslaving indebtedness, a reality for much of "the 99%" that has deep historical roots...

10 companies profiting the most from war

10 companies profiting the most from war by Samuel Weigley Posted January 7, 2016 The business of war is profitable. In 2011, the 100 largest contractors sold $410 billion in arms and military services. Just 10 of those companies sold over $208 billion. Based on a...

For the Wealthiest, a Private Tax System That Saves Them Billions

For the Wealthiest, a Private Tax System That Saves Them Billions By Noam Scheiber and Patricia Cohen Posted January 4, 2016 The very richest are able to quietly shape tax policy that will allow them to shield billions in income. With inequality at its highest levels...

Voluntary Enslavement

Voluntary Enslavement by Jeff Thomas Posted December 31, 2015 In recent years, I've been predicting that the governments, particularly those of the EU and US, will seek to eliminate paper currency. The objective will be to make monetary transactions between private...

Tricked By Greek God Hermes

Tricked By Greek God Hermes by David Korten Posted December 4, 2015 When I step back and look at the incredible mismatch between the economic system we have and the economic system we need, I find myself wondering whether we humans are victims of a dangerous spell...

Addiction to Power and Radical Therapy for the 1%

Addiction to Power and Radical Therapy for the 1% by Nozomi Hayase Posted November 9, 2015 In the last few years, the world has experienced a rash of devastating financial tragedies. From the 2008 financial meltdown to the recent Greek debt crisis, one can find the...

The TPP: An Attack on the Internet

The TPP: An Attack on the Internet by Alfredo Lopez Posted October 30, 2015 The Trans-Pacific Partnership agreement, initialed by the delegations of the 12 participating countries in early October, is one of the most talked-about mysteries of our time. The moment the...

‘Celebrating’ 14 Years Since America Kissed Its Freedoms Goodbye

'Celebrating' 14 Years Since America Kissed Its Freedoms Goodbye by Simon Black Posted October 29, 2015 If you haven't already, now's the time to get out your party hats to celebrate the 14th anniversary of the USA PATRIOT Act. You know about the law, I'm sure; passed...

As Bad as You Think Inequality Is, It’s Worse!

As Bad as You Think Inequality Is, It's Worse! By Les Leopold Posted October 28, 2015 In 1970, for every dollar earned by the average worker, the top 100 CEOs earned on average $45. By 2013 the ratio had jumped to $829 to $1, which is 20 times greater that what the...

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If you had a retirement fund and woke up one day in 2009 to see you’d lost 30 percent of your life savings, you were the mark. Ordinary Americans had their remaining cash in houses and retirement plans, and the subprime scheme was designed to suck the value out of both places, into the coffers of a few giant banks.

Matt Taibbi

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