The Warning by Frontline covers some of the obvious illicit activities that lead the financial crisis, and demonstrates that if even a bit of common sense had been used we could have avoided the meltdown.
Background
There is a very interesting segment on a Frontline episode called The Warning which is on the precursors to [...]
Archive for the ‘Capitalism’ Category
How a Conservative Economist Would View Rape
Posted in Capitalism, Intellectual Fraud on February 17, 2010 | 1 Comment »
Adam Smith Favored Labor Unions
Posted in Capitalism, Lauded Sources on December 12, 2009 | 4 Comments »
Adam Smith understood the unequal treatment between when companies combine to keep wages low vs. when labor combines to keep wages high.
Cherry Picking Adam Smith’s Work
In our post below, we noted that Adam Smith is almost never read by people that quote him, and that what quotes do come from him are cherry picked [...]
The How Much you Can Extract for Oil Producing Countries Game
Posted in Capitalism, Markets and Efficiency on August 24, 2009 | 2 Comments »
Oil Details
What is interesting is how little investigation there is into where the money that goes to oil goes. We decided to do this by starting from the retail price of oil, and then using high level percentages. The percentage that goes to countries that we have either invaded or (Iraq) or utterly control (Ecuador) [...]
Unethical Tax for the Rich
Posted in Capitalism on August 22, 2009 | Leave a Comment »
Its becoming increasingly difficult to tell the difference between wealthy Americans and movie gangsters. What separates Goldman Sachs from Tony Soprano? Both are performing illegal activities with no consideration for the rest of society, and both have legitimate “covers” for their business interests.
How Wealth is Rationalized There is a long history of this, but people [...]
Intermediaries the Heart of Darkness?
Posted in Capitalism on May 19, 2009 | Leave a Comment »
Money for Nothing
Wanting to make money from essentially matching supply and demand is a hallmark of the unethical person. These types of jobs do little else but match supply and demand.
Stock Brokers
Real Estate Agents
Recruiters
Automotive Dealerships
Education
The logic many of them use to justify their existence is that they educate their clients. However, what type of education [...]
The Case Against Stock – Compendium
Posted in Capitalism, Investment Advice, Stock Market, Yield Disparity on May 4, 2009 | 2 Comments »
This is the supposed chart that all stock buyers want, but few will ever receive – unless you have inside information.
We have written extensively on the ways in which stocks are both unnecessary for capitalism, misrepresented by the stock pushing industry and actually counterproductive to the competent management of companies. We thought we would create [...]
The Future EndState Desired by Citibank-Goldman Sachs
Posted in Capitalism, Debt Peonage, Economic Conspiracy, Economic Inequality, tagged Citibank, Goldman Sacks on January 23, 2009 | 1 Comment »
…..debt peonage and slavery. Also known as trickle down economics.
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