An update on Reich and other sources. Using Robert Reich's Saving Capitalism: For the Many, Not the Few, we will explore the problems of capitalism, its advantages and how we might save it for the many.
Wednesday, May 31, 2017
OUR DEMOCRACY NO LONGER REPRESENTS THE PEOPLE: LESSIG
In a TED talk, "Our democracy no longer represents the people. Here's how we fix it", Larrry Lessig puts forth useful ideas to return our government to the people: https://www.youtube.com/watch?v=PJy8vTu66tE
Monday, May 29, 2017
Thursday, May 4, 2017
CONSERVATIVE WRITES THAT INEQUALITY HURTS DEMOCRACY
In an excellently argued article the author makes the point that economist misunderstand two principles.
"We simply need to correct the two erroneous assumptions identified above: Renounce the Pareto principle* of zero-impairment, and end the assumption that an increased tax share demonstrates that people are worse off."
*"Pareto principle, which holds that if a government policy improves the spending power of one group, we should assume zero impairment to other groups providing their absolute position does not go backward.", David Alexader
http://www.nationalreview.com/article/447246/inequality-american-democracy-wealth-gap-worsens-societal-fractures?utm_source=pocket&utm_medium=email&utm_campaign=pockethits
"We simply need to correct the two erroneous assumptions identified above: Renounce the Pareto principle* of zero-impairment, and end the assumption that an increased tax share demonstrates that people are worse off."
*"Pareto principle, which holds that if a government policy improves the spending power of one group, we should assume zero impairment to other groups providing their absolute position does not go backward.", David Alexader
http://www.nationalreview.com/article/447246/inequality-american-democracy-wealth-gap-worsens-societal-fractures?utm_source=pocket&utm_medium=email&utm_campaign=pockethits
Monday, January 16, 2017
TWO VIDEOS THAT TELL THE TRUE STATE OF OUR ECONOMY
Please take the time to view these two videos. The first is Moyers and Company's What the 1% Don't Want You to Know. The second is The Biggest Scam In The History Of Mankind - Who Owns The Federal Reserve? Hidden Secrets of Money 4 by Mike Maloney.
https://www.youtube.com/watch?v=QzQYA9Qjsi0&t=667s
https://www.youtube.com/watch?v=iFDe5kUUyT0
https://www.youtube.com/watch?v=QzQYA9Qjsi0&t=667s
https://www.youtube.com/watch?v=iFDe5kUUyT0
Thursday, January 12, 2017
WORLD ECONOMIC FORUM DECLARES NEED FOR FUNDAMENTAL REFOM OF CAPITALISM
"This points to the need for reviving economic growth, but the growing mood of anti-establishment populism suggests we may have passed the stage where this alone would remedy fractures in society: reforming market capitalism must also be added to the agenda," it said in its latest Global Risks Report.
http://www.wsmv.com/story/34232678/world-economic-forum-says-capitalism-needs-urgent-reform
PLEASE KEEP INFORMED AND POLITICALLY ACTIVE.
http://www.wsmv.com/story/34232678/world-economic-forum-says-capitalism-needs-urgent-reform
PLEASE KEEP INFORMED AND POLITICALLY ACTIVE.
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