Billionaires giving most or a large percentage of their fortunes makes a wonderful story. Benevolent? That does not tell the much more complicated story.
We are enslaved by the economic system of the wealthy. Emancipation begins with the masses learning the truth and then taking control of their destiny.
David Brooks New York Times piece “Capitalism for the Masses” is a blood boiler. Macroeconomic math is very simple. There is one mathematical fact. If the wealth of the rich is growing at a consistently higher rate than the rate of the economy’s aggregate wealth creation and that rate differential is not completely attributable to […]
This week it was all about the new CBO Report. Most of the Traditional Media, from Fox News’ airheads Sean Hannity, Stuart Varney, to their resident ‘political and economics genius’ Elizabeth Hasselbeck were in misinforming mode. From CNN’s Wolf Blitzer to ABC’s Diane Sawyer, the hyperventilating was in full vogue. It was a pleasant surprise […]
Today’s Capitalists are giving Karl Marx’s Marxism last laugh? An educated person is a danger to any Plutocracy. Over the last three decades America has developed an unscientific and unread thread within an influential part of the population. It is as if ignorance is vogue, ignorance is bliss. Anyone who believes the earth is six […]
Capitalism gone bad? This week Millionaire investor & star of Shark Tank Kevin O’Leary said income inequality is “a great thing because it inspires everybody” to want to be like the one percent. He was responding to an Oxfam report that stated that the world’s richest 85 people had more wealth than half of the […]
Politics Done Right with Egberto Willies Saturday 12:00 Noon Central/1:00 PM Eastern Call In, talk and/or Listen: (646) 929-2495 Listen On Computer/Smartphone Live/Podcast: HERE This week’s show What is the path to an America beyond capitalism? This was a rough and busy week. I am happy that it is over. I transferred my 22 websites […]
Pope Francis rebukes unfettered capitalism It is about time that the Church called a spade a spade. Pope Francis may turn out to be the loudest and most effective critic of unfettered capitalism with his stinging rebuke. For too long the church had formed an incestuous and evil relationship with the worship of wealth and […]
Many believe that Capitalism is synonymous with free enterprise and democracy. Capitalism is neither free enterprise nor democracy. After-all, China is now a capitalist country. No one believes that China is a democratic country. This conflation has allowed all attempts to attenuate the deficiencies of capitalism to be construed as that grand evil, ‘socialism’ or […]
Every business school teaches that free market capitalism results in the most efficient allocation of resources. Americans have bought this tenet lock, stock, & barrel. They have accepted this so much so that they have failed to see the commonality of American and Chinese business, one in a supposedly Democratic Republic and the other in […]