Thursday, November 14, 2024
Monday, September 30, 2024
Sunday, September 22, 2024
Vejas Liulevicius: Communism, Marxism, Nazism, Stalin, Mao, and Hitler |...
Contextual history of western capitalism/communist divide.
The real question becomes why do they think that individualism and collectivism are incompatible?
The real question becomes why do they think that individualism and collectivism are incompatible?
Friday, September 20, 2024
U.S. Inflation Frustrations & Potential Solutions with Jon Stewart, Kitt...
I love John Stewart and especially like all the work he's done to communicate about the Macro-Economic problems during and after the fact, over the decades. What these discussions always seem to neglect to acknowledge about inflation is that IT IS NOT DEPENDENT UPON THE AMOUNT OF GOVERNMENT SPENDING!
MODERN MONITARY THEORY clearly shows that INFLATION is a direct result of the QUALITY of the government's INVESTMENTS. If they waste money (such as corporate tax cuts, wars, or giving free loans that are forgiven to millions of small business owners) then you get inflation. Suppose you INVEST money into valuable goods and services, such as infrastructure and education, healthcare and public housing. In that case, you get a RETURN ON INVESTMENT as people work more and better and create more value to drive up both the velocity of money and the total value in the economy all of which can then be taxed later to fix the deficit.
That said, John is absolutely correct that government should be a security blanket for a rainy day, not a giveaway to the corporate elite. The lack of Slack limits our choices. But a better solution to inflation would be to BREAK UP ALL THE MONOPOLIES and introduce competition that will lower prices.
Friday, August 30, 2024
Sunday, June 02, 2024
Wednesday, May 15, 2024
Thursday, May 02, 2024
Saturday, April 27, 2024
Wednesday, April 24, 2024
Stephanie Kelton - “Finding the Money” & “The Deficit Myth” | The Daily Show
This is the first attempt I've seen to explain Modern Monetary Theory to the general public since the 2008 Bush Bank Bailout. It arises now because of the increased Federal deficit spending and subsequent inflation due to the COVID-19 pandemic.
I think it is a mistake to dumb down the Economic explanation, and it's a shame this job was left to Comedy Central and the Daily Show to educate people. If they had started by explaining that the Government creates money by buying goods and services, and that money enters the economy and is multiplied by FRACTIONAL RESERVE BANKING to increase the money supply. Then they could have gone on to explain that the new $$$$$ created do not inflate prices, or deflate the value of the dollar, as long as the work created by spending the new $$$$$ into the economy is of value equal to the spending. So, as long as government investments are good and valuable, there is no risk of inflation, as the return on investments expands the total value of the economy to reflect government spending.
Stephanie Kelton, bestselling author of “The Deficit Myth” and professor of economics and public policy, talks to Jordan Klepper and Ronny Chieng about changing our understanding of government spending through MMT, or Modern Money Theory. She also explains how the national deficit is not a number to be fearful of, but can be put to good use, and how government finance is far more flexible than you might think. #DailyShow #StephanieKelton #Money
Wednesday, April 17, 2024
LEAKED NYT Memo: Can't Say 'Palestine, Occupied, Refugee Camp'
Opportunity to replace the "paper of record".
Friday, April 12, 2024
Wednesday, April 10, 2024
Yanis Varoufakis explains how big tech is economically dominating your life
This is the most interesting economic discussion I've heard in a year, by a sociologist.
Saturday, March 02, 2024
Sunday, February 04, 2024
Saturday, February 03, 2024
Raoul Pal's Warning On The US Dollar, Inflation, Debt, Web3 & An Upcomin...
This seems interesting, apparently, those with liquid wealth are trying to use crypto to mitigate the indirect tax imposed by inflation, but there is an alternate solution.
Monday, January 15, 2024
Tuesday, January 09, 2024
Saturday, December 23, 2023
Sunday, October 22, 2023
The Apes and Wall Street | The Problem With Jon Stewart Podcast
What is the ape movement?
The Emergence of the Ape Movement: The term "ape" has become synonymous with retail investors who are passionate about investing and reshaping the stock market landscape. It originated from the mantra "APE" (Act, Plan, Execute), which embodies the idea of taking control of one's financial future.
Friday, October 20, 2023
Sunday, October 08, 2023
Thursday, September 21, 2023
Sociopath Businessman Tells The Truth About Capitalism
Employers are EXTREMELY lucky to have employees. Labor could just start their own business, and compete with any employer. Mask-off sociopaths are my favorite.
DEF CON 31 - An Audacious Plan to Halt the Internet's Ensh*ttification ...
Mandatory APIs? Restore surprises (Mods, hacks, scraping, etc.) because investors hate surprises? "Adversarial Interoperaperabilit" - good government for capitalism (free trade competition)
Ethical Business = oxymoron.
"inshitification" = planned obsilesence.
Block mergers, unwind or break up corporations that are too big to fail.
Burn the corporations to create fertile ground for new competition.
Should Stock Buy Backs be illegal? It's just paying off unearned income owners.
Book: "The Internet Con"
Creative Labor is Cory@EFF.org
Tuesday, August 29, 2023
Friday, August 11, 2023
Steve Keen: Marxism, Capitalism, and Economics | Lex Fridman Podcast #303
Understanding this is a prerequisite to Entrepreneurism, or at least it should be.
Sunday, August 06, 2023
Saturday, August 05, 2023
Wednesday, July 19, 2023
Wednesday, July 12, 2023
Corporations Control Our Governments: Here’s How | Aaron Bastani meets Matt Kennard
Corporations Control Our Governments: Here’s How | Aaron Bastani https://youtu.be/vDsp2apG5zQ via Support Novara Media:
Most of you will agree that corporations have undue influence over our democracies, but exactly how this influence is exerted is tricky to illustrate - and that is by design. Behind innocuous sounding acronyms and worthy sounding trade agreements are the real cogs that allow the global corporate machine to corrupt societies and our guest this week, Matt Kennard, has spent the last two years investigating these shady entities. In his new book, ‘Silent Coup’, he and co-author Claire Provost give us shocking examples of how corporations exert, expand and consolidate control over the lives of practically everyone.
You can buy Matt's book here: https://www.bloomsbury.com/uk/silent-...
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Friday, June 16, 2023
Tuesday, June 13, 2023
Richard Wolff: Marxism and Communism | Lex Fridman Podcast #295
Richard Wolff: Marxism and Communism | Lex Fridman Podcast #295 https://youtu.be/o0Bi-q89j5Y Lex turns himself inside out, and can't deal with the truth about capitalism and Marx's ideas. An excellent discussion of Marxism, Socialism, and Capitalism, but never mentions that Socialism is the END STATE of the Marxist dialectic, a utopian idea as realized in Northern Europe today.
Richard Wolff wrote a book on the Rise and Fall of the Soviet Union, which details why Stalinist U.S.S.R. (like Mao's China) was NOT a communist democracy, but instead a one-party, totalitarian military dictatorship. This discussion is by far the best public discussion on Capitalism and Marxism in the past two decades.
Wednesday, March 22, 2023
Thursday, December 29, 2022
Wednesday, October 12, 2022
Saturday, June 18, 2022
Monday, June 13, 2022
Saturday, May 21, 2022
Sunday, April 03, 2022
Pandora Papers: An unprecedented leak exposes the inner workings of worldwide corruption
The Pandora Papers are 11.9 million leaked documents with 2.9 terabytes of data that the International Consortium of Investigative Journalists (ICIJ) published beginning on 3 October 2021.[1][2][3]
The leak exposed the secret offshore accounts of 35 world leaders,
including current and former presidents, prime ministers, and heads of
state as well as more than 100 billionaires, celebrities, and business
leaders.
Monday, March 28, 2022
Tuesday, March 15, 2022
Friday, March 04, 2022
Tuesday, February 15, 2022
Friday, February 04, 2022
Tuesday, January 25, 2022
Monday, January 24, 2022
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