scott about this whole sandy thing because this is being stunning apparently today they’ve now managed to pass in the house nine billion dollars one but i guess fifteen percent of what uh… has been requested and was passed via the senate nada and i guess this has to go back to the senate now…Read More Conservative Ideology Works Until THEY Are Suffering
>>Joe: Here’s a fun way to start your day. A scientific study funded by NASA predicts that our civilization is pretty much boned and doomed to collapse within decades.>>Lee: Assuming we continue on the path that we’re currently strolling along.>>Joe: Which we will, because everything is cyclical and as much as we like to rattle…Read More Civilization Is Going To Collapse in Decades
So, we used to think of the middle class as this safe category, it was 40-hour work weeks, pensions, people worked who were teachers, professors, lawyers even. And now it’s a shakier category and that’s why I called it the “middle precariat,” as in precarious. Now to be middle class you might not be able…Read More The death of America’s middle class: Sky-high rent, second jobs, and 1% TV | Alissa Quart
We all know: it’s like everything from “Money is status,” “Money is power,” “Money is sex appeal.” I just read that “The more beautiful the woman the bigger the diamond and the uglier the man who gave it to her,” you know, so it’s—why is that? That has nothing to do with the daily transactions!…Read More Is all money just a ponzi scheme? | Vicki Robin
Hey, everybody. My name’s Kim Siever. Welcome back to my channel. Before I get into the main message of my video, I just wanted to recognize the generosity of the subscribers and Patreon patrons that I have received this week. I’ve had 3 people sign up: 2 through Paypal and 1 through Patreon. And I…Read More Capitalism keeps workers poor
One often heard contemporary economic myth is that the rich are getting richer and the poor are getting poorer. Like any myth there is a nugget of truth to this. For example, if we look at the data, the top 20 percent of income earners today do have a larger share of national income than…Read More Are the Poor Getting Poorer?
Everyone wants to make the world a better place. But not everyone understands how economic freedom leads to wellbeing. The cornerstones of economic freedom are personal choice, voluntary exchange, the freedom to compete in the markets, and private property rights. These freedoms comprise the core of what’s measured in the “eEconomic fFreedom of the wWorld”…Read More Economic Freedom and a Better Life
Hey, everybody. My name’s Kim Siever. Welcome back to my channel. Inequality is inherent in capitalism. Of course, in capitalism, power is unevenly distributed, lying in the hands of the few individuals who manage to own businesses and amass capital. But that power inequity breeds inequity in other areas. Because so few people can amass…Read More Capitalism breeds more than just class inequality
This episode begins with Adam Smith placing a call to fellow zombie economist Jeremy Bentham…now residing in Truthiness City. Bentham…wary of liberals…had accepted part-time work at the university there…creating 18th Century rebuttals to liberal dogmas about what’s happenin’ now. But…with demand waning for his own dogma…Bentham more recently downsized to a mundane job…complete with billboard…Read More Capitalism In Crisis – Module 27 : Who Caused the Great Recession?
Here’s a question you’re likely to hear whenever the subject of taxes comes up: Do the rich pay their fair share? There are two parts to this question: Who is rich? And, what is fair? Let’s start with who is rich: Nearly everyone assumes that a person who is among the top ten percent of…Read More Do the Rich Pay Their Fair Share?