DAY TWO

GREAT NEWS MEDIAN HOUSEHOLD INCOME RISES

In the first hour we will discuss rent-seeking, Powell's memorandum to the National Chamber of Commerce, and the deep state. If a class member wants to present their own topic, time will be made available. (Powell ref.)

In the second hour we will discuss the text pp. Introduction - 88 with emphasis on the five building blocks of capitalism. We may
watch Michael Sandel's TED talk.

You might wanto read the lenghthy article by  Bill Moyers, We, the Plutocrats vs. We, the People: Saving the Soul of Democracy

Alan suggested we should read this:
http://www.mauldineconomics.com/frontlinethoughts/negative-rates-nail-savers

Here are my comments on Response to Alan's page.

Because of my difficulties with the computer we did not get a chance to see billionaire Nick Hanauer's TED Talk  on how the rich do not create jobs.

PLEASE GET FREE POCKET CONSTITUTION AND BOOK AVAILABILITY

 Hillsdale College offers 1 copy free:
http://lp.hillsdale.edu/free-pocket-constitution/

The Heritage Foundation offers a free annotated edition of the Constitution: Heritage Foundation Constitution  Provides history, legislation and court rulings.

You may pick up a copy of Saving Capitalism at the college. Call: 207-725-4900.
As usual, You will receive a copy of Saving Capitalism at the first meetng.

WELCOME

Welcome to the Midcoast Senior College course, Saving Capitalism. Capitalism as you and I knew it has been under a steady attack by many factors. We will explore the causes for the decline of capitalism for all and the changes needed to bring about a form of capitalism that serves everyone.

It would help if you could read the Introduction, pages 1 to 47 and explore some of the resources cited on this blog.

My name is Frank Broadbent and I am well read in this area, but by no means an expert. I expect to learn a great deal from those of you who are participating - after all we all have been around for quite a while and have much knowledge, expertise, and wisdom to share.

Looking forward an exciting six sessions.

We will be looking at a lot of problems and negative articles so I think you should read the following article: http://www.nytimes.com/2016/05/15/opinion/sunday/when-did-optimism-become-uncool.html?utm_source=pocket&utm_medium=email&utm_campaign=pockethits&_r=0