Tag Archives: 99%

Global Economic Crisis: the Premonitory Five Versus ‘Faith Based’ Economics

Given how catastrophically Neo-Classical Chicago Style economics aka faith based economics, failed to understand the dangers the world economy is facing, it is good to read those economists who did not fall for all the Chicago bs. I love the … Continue reading

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The Rich, the Camel and the Eye of the Needle

I liked this piece from Susan Feiner in today’s Real World Economics, a great source of reality based economics that is trying to undo the Chicago School madness of recent decades. See http://rwer.wordpress.com/2012/07/17/and-the-rich-get-richer/ A camel and a rich man walked into … Continue reading

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The Absurdity of Much Comment on Government Deficits

So much nonsense is being talked about the fiscal deficits in the media, by our elite rulers and by those with a vested interest in showing free markets work oh so well. I therefore liked Peter Radford’s piece in Real … Continue reading

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Lean Manufacturing, Liberty and Economic Justice

I think that our society has become far too much a consumer society and has lost sight of its role as a producer society. And by producer society, I mean a sustainable production society. One whose techniques don’t wreck the … Continue reading

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The Problem with the Democratic Party

I worry about the future of the Democratic party. It has been out of office more than in office during the last 50 years, failing to win the Presidency, and only Bill Clinton has managed a second term since Truman … Continue reading

Posted in Conflict History, Economic Conflict, Environmental Conflict, Marital and Relationship Conflict, Religious Conflict, US Political Conflict, Ways to handle conflict | Tagged , , , , , , , , | 4 Comments

America is no longer a land of opportunity

This interesting article by Nobel Prize Winning economist Joseph Stiglitz might throw some more light on the continuing discussion on this blog on the topic of US income inequality and its causes and consequences. See it at: http://www.ft.com/intl/cms/s/0/56c7e518-bc8f-11e1-a111-00144feabdc0.html#axzz1yrLZIHc5 US inequality is … Continue reading

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Wealth Inequality in America a Social Psychology Experiment by Dan Ariely

I like this piece by Dan Ariely on an experiment he performed on Americans of every social class/income level: See original blog at http://danariely.com/2010/09/30/wealth-inequality/ Perform the following thought experiment. Remove yourself for a moment from your present socioeconomic circumstances and imagine … Continue reading

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