by David Haggith Socialism is the price Capitalism pays for unrestrained and unpunished greed, and Alexandria Ocasio-Cortez is the new face of Socialism in America. AOC refers to her Socialist revolution — for now wrapped up in the Green New Deal before congress …
Decades after capitalism seemed to have triumphed over socialism, politicians are once again arguing about the merits and drawbacks of these opposing economic systems. Why are we still having this debate? Andy Puzder, former CEO of the parent company of …
by kit8642 Shoshana Zuboff talks about her new book on Survallence Capitol. Pretty interesting stuff, and essentially what Googled said they would do in 2016 with an internal video that was leaked last year. https://www.theverge.com/2018/5/17/17344250/google-x-selfish-ledger-video-data-privacy
By Patrick Watson Many people are worried socialism will take over the US. They’re sure it will be awful. Socialism can mean many things. You hear it applied to state-dominated economies as varied as Venezuela, Norway, and China. I suspect Karl Marx …
by Michael Snyder The meteoric rise of Alexandria Ocasio-Cortez and other young progressive politicians has led many to believe that the American public must be warming up to socialism. But what if that isn’t true at all? Certainly there is …
By John Mauldin The Soviet Union’s collapse ended the socialism vs. capitalism argument. Semi-free markets spread through Eastern Europe. Collectivist economies everywhere began turning free. Capitalism seemingly won. Even communist China adopted a form of free market capitalism. Although, as they …
by Dave A fascinating post by Wolf Richter, quoting an NBER report/model that found lowering rates too far, for too long, gives an undue advantage to the market leader. This reduces competition, which in turn reduces productivity, and also ends …
Exclusive: D.C. Exchange Website Misled Customers About Individual Mandate. Last year, in response to Congress repealing the Obamacare individual mandate penalty beginning this January, the D.C. Council established its own requirement for District residents to maintain health coverage. If D.C. …
Age of Surveillance Capitalism… Tech companies have shown themselves to be increasingly cavalier with our personal data. Are we handing over too much information? Frank Rose reviews “The Age of Surveillance Capitalism” by Shoshana Zuboff. According to Google’s Ngram Viewer, …
via Bloomberg: City bets investment profits from bonds will fund health care Tactic has been used widely for pensions, with mixed results It’s a “considerable risk,” a “bad idea,” or, as one expert put it, “insanity.” And it may be …
by Michael Snyder Vibrant competition is absolutely essential in order for a capitalist economic system to function effectively. Unfortunately, in the United States today we are witnessing the death of competition in industry after industry as the biggest corporations increasingly …
by Duane Norman, Free Market Shooter Currently sitting as House Minority Leader, Nancy Pelosi is all but a lock to return as Speaker of the House in the 116th Congress, following the 2018 midterm elections and DNC House takeover. In spite of …
by Yojimbo https://youtu.be/z3E1I4lu6u0 Tucker is the sole major figure on television representing Nationalism. This is why they want to get rid of him through protests and intimidation. Where do you stand on this question – human truck drivers that support families …
From John Stossel at Reason: Sen. Bernie Sanders recently came up with a new business to attack: Amazon. Sanders said Amazon didn’t pay its workers enough and because of that, many qualified for government assistance. At first, Amazon CEO Jeff Bezos defended …
Portfolio Wealth Global, Released on 9/11/18
by Frank Holmes, CEO, U.S. Global Investors “Capitalism works” is how Ken Langone, billionaire co-founder of Home Depot, opens his new book, I Love Capitalism!: An American Story. “Let me say it again: It works! And—I’m living proof—it can work for …
By Harry Dent Many would assume that the Agricultural Revolution back near 10,000 BC was the greatest innovation and breakthrough in human history. Or the invention of the wheel back around 3500 BC. Or the creation of writing 300 years …
Watch the latest video at foxnews.com According to a Gallup poll released Monday, more Democrats view socialism positively than they do capitalism – a development that comes amid the popularity of Democratic socialist candidates in the midterm elections. Fifty-seven percent …
by Simon Black Over the weekend I came across a recent speech given by hedge fund billionaire Stanley Druckenmiller that really lays out the pitiful state of free markets around the world. Druckenmiller gave the speech a few months ago upon …
by Charles Hugh-Smith $8 per vial in competing developed-world nations and $38,892 in the U.S. That says it all. Thanks to decades of gangster films, we all know how gangster capitalismworks: the cost of “protection” goes up whenever the gangster wants to …
Free markets work. The other systems do not All of those things are terrible only bc of a lack of free markets h/t @OccupyWisdom
KURT SCHLICHTER EXPLAINS: Democrats Love Socialism Because They Want To Take Your Stuff And Enslave You.“Ocasio-Cortez is an idiot, like all adolescent socialists, so she qualified to be the Great Pinko Hope for a party in decline. Here’s how bad she …
The problem isn’t people who have accumulated wealth, the problem are those people – #rich and #poor – that want #war, dependence, victimhood and #debt.
Here is how the big companies are playing safe because they don’t risk anything since the stock price is actually detached from their real assets and profits, but you are risking your money in a purely Ponzi scheme. And here …
via Ben Moshinsky “Investors are unlikely to see a return to conventional capitalism,” Macquarie global analyst Victor Shvets said in a note to clients. Countries started to borrow heavily in the 1980s to counter declining growth and productivity rates, halting …
by ReadMurrayBookchin The nature of debt is to borrow from the future to spend in the present. The explosion of global debt – and the financial economy on top of it – therefore relies on the implicit assumption that it is …
Let's take a moment and congratulate .@federalreserve for producing the highest ever amount of debt in capitalism. pic.twitter.com/Ormd9pApEu — Alastair (@StockBoardAsset) September 21, 2017 Rising Debt Causes Rising Inequality until the system breaks pic.twitter.com/cEw1Z1gjXb — Alastair (@StockBoardAsset) September 21, 2017 …
By Michael Snyder Americans are increasingly embracing socialism, and this is particularly true for young adults under the age of 30. As you will see below, four out of every ten Americans now prefer socialism to capitalism, and if current …