Tag Archives: economics

We Need Economic Stability, Not Economic Growth

Growth is good up to a point. In the rich countries, according to economist Herman Daly, we are far past that point. The more we grow from here on, the worse off we will be. Continue reading

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How Free Markets Damage People and Planet

“Markets without restrictions are like cars without brakes,” writes Dr. Ha-Joon Chang of Cambridge. “They’re bound to keep crashing.” Continue reading

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Cruelty Vs. Caring in America

Many Americans consider hard-heartedness a virtue. They call making people suffer, ‘promoting individual responsibility’ and have managed to create a society of widespread misery in the midst of affluence. Millions of Americans don’t go along with the cult of cruelty, though. They are fighting for a society based on caring, Continue reading

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Don’t Dismiss Trump Voters

“We must grasp that our enemy is not someone who is politically incorrect, even racist, but the corporations and a failed political and judicial system that sacrifices people, as well as the planet, on the altar of profit.” Chris Hedges Continue reading

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Capitalism: The Opposite of Free Markets

Conservatives believe the United States is a capitalist country, and they like it that way. They say government should stay out of people’s business, so free markets can create the best possible society. Anyone who advocates that government do more … Continue reading

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Yes, We Can Afford Nice Things

The federal government can no more run out of money than the Google Play Store can run out off apps.
Inflation is not a threat to anyone but credit card companies and banks. Continue reading

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7 Reasons the US Can’t Deal With COVID-19

Isn’t this the same dynamic we have seen with the failure to address homelessness, gun violence, or climate change? If a problem is complicated and difficult, we don’t even try. Continue reading

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The Human Costs of the Shutdown

“The response to the Pandemic has been the worst assault on the working class in 50 years.” Martin Kulldorff Continue reading

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9 Good Questions About UBI – And one great answer

Where UBI supports capitalism and strengthens markets, an federal jobs guarantee (FJG) is more socialist, because governments would decide what jobs would be available. Both are good. Start with UBI now; work toward an FJG. Continue reading

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The Blessings of Capitalism — and How they’re killing us

Capitalism is not conservative, it’s not liberal. It’s a religion. A Costco store is a capitalist temple. The shelves are altars; the checkout lines are our communion. Continue reading

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