Category Archives: Economics and Capitalism

We Have Seen the Enemy and It is Us

The TEA party is pressing for less government, the Obama Administration is pressing for more regulation. Are both ‘solutions’ aimed at the wrong problem? Is it possible that the last decade has demonstrated that the American variety of capitalism has … Continue reading

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From the Many to the Few

It should be no surprise that in the US (and most rich countries) the gap between rich and poor has been growing rapidly over the last three decades. Measures of income inequality grew over 20 percent between 1980 and 2007. … Continue reading

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China is Changing the World

 China is fast moving to superpower status. It has challenged US supremacy by suggesting an alternate reserve currency in place of the dollar and the US is increasingly reliant of China for manufactured goods, action on climate change, and sanctions … Continue reading

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Consuming the Earth

Evidence is accumulating that human society as it currently operates is not sustainable. However, untangling just what is unsustainable about how humans live on Earth is very complex and therefore attracts more beliefs than data. Leftists complain that capitalism is … Continue reading

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Will it All End with a Bang or a Whimper?

The cruel reality of T. S. Eliot’s poetry is appropriate. How will it all end? Will we collapse into chaos or can we manage a slow descent. George Monbiot and Paul Kingsnorth both think that we are doomed. But they … Continue reading

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Who's the Culprit? Nearly everyone.

It seems to be a human trait to expect and to seek out singular causes of complex social phenomena. The credit crunch is a case in point. It has been variously blamed on Ronald Reagan, Bill Clinton, Phil Gramm, Fernand … Continue reading

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May You Live in Interesting Times

Are we now threatened with this ancient Chinese curse? Baby boomers of the rich countries have been lulled into consumerism by the fall of the Berlin Wall, the collapse of the Soviet Union, and the alleged End of History. Now … Continue reading

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