Tag Archives: economics

Romney & Ryan: Going Back to the Future that Destroyed Our Nation’s Economy?

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Just as newly christened potential vice presidential candidate Paul Ryan told his supporters that he was “thrilled to be a part of America’s comeback team”, the Obama campaign released another endearing nickname for the political duo: “The Go Back Team”. It is inexplicable why these Republicans keep desperately clinging to the belief that the miserably failed trickle down economics fraud that already drove our country off a cliff is still somehow a viable solution.

United States is Now the Most Unequal of All Industrialized Nations

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Jon Stewart spoke with Nobel Prize-winning economist Joseph Stiglitz about how the extreme concentration of wealth in the hands of a few plutocrats is destroying the very principles upon which our country was founded:
“It seems like people are not angry at wealth or success, they get frustrated by what appears to be an entirely different set of rules put in place by the wealthy, who then say: ‘Hey man, I’m just playing by the rules’, as though those rules were an arbitrary design of the free market.”

Streetbank Makes Sharing with Your Neighbors Easy

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Streetbank is a free website that helps you to more easily share and borrow things or skills from your neighbors. It connects you to a local network of other people who are also interested in lending, sharing their abilities and building regional community — it is meant for anyone to use for free, and is specifically not about making money or a profit, or for any professionals to sell their services. It exists simply to help promote the common good.

Money is Fiction: Working to End the Monetary System

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Imagine a world where money does not exist; it’s not difficult, if you try. Money itself is useless — you can not eat a twenty-dollar bill sandwich, or live in a house constructed entirely of silver dollars — all that we need are the things that money can buy for us. Now is the time to re-imagine how our lives would look without wages, debt, interest or any form of money.

Sacred Economics: Money is a Societal Construct with No Inherent Meaning

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My sustainable economics reading group recently finished Charles Eisenstein’s seminal book, “Sacred Economics: Money, Gift and Society in the Age of Transition”. Everyone should read this amazing book. The text is very accessible, engrossing and compelling; the concepts that it raises may radically change how you perceive the concept of money, community, scarcity, the world that we live in, and your own personal identity.

Ujamaa: Cooperative Economics on the Fourth Day of Kwanzaa

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Today is the fourth day of the Kwanzaa season, when we all join to celebrate the principle of Ujamaa, focusing on the important economic benefits garnered from working together. The principle highlighted on today’s holiday encourages people to seize the means of production and create our own new innovative community based business models.

Trickle Down Economics is a Vicious Fraud

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The highly esteemed economist, Robert Reich, clearly explains what some of our country’s largest financial system problems are, offers a clear plan with well defined policy solutions, and presents this concise message to President Obama:

“We’ll give you a mandate in your second term to raise taxes on the rich, including capital gains taxes, and put a tax on financial transactions, also, resurrect the Glass-Steagall Act, limit the size of big banks, and force them to modify the loans of millions of Americans who are now underwater; and invest in public schools and other infrastructure so that all Americans can prosper in this new economy.”

“Cut Up Your Credit Cards and Free Yourselves”

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“You want this government to get out of debt? Then you get out of debt personally. Stop the spending! Stop the borrowing! Stop over-consumption — buying things you don’t need with money you don’t have, that’s robbing you and your family of a future. It’s robbing this country out of jobs.

So I’m going to ask every American right now, get out your credit cards, cut them up, free yourselves — free yourselves! Don’t count on this Congress to help you. This Congress already voted to end Medicare. They’re flirting with disaster on this debt right now.”

Mark Zuckerberg Vows to Only Eat Meat that He has Killed Himself

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Billionaire Facebook co-founder Mark Zuckerberg has recently announced that this year he has started a personal challenge to only eat meat that he has killed himself. From lobsters and chickens to pigs and goats, he has vowed not to eat any meat from an animal that he has not personally rendered.

Zuckerberg has embraced the economics of more sustainable localized food production; he decided that if he is going to eat animals, that butchering his own meat locally made the most sense to him. He explained a bit about his new insight into food and agriculture:

Megacity Series on GlobalPost

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Not long ago I wrote on the issue of cities becoming more and more powerful, perhaps even more powerful than countries. As a nice follow-up to that, GlobalPost has created a new 5-part multimedia report titled “Rise of the Megacities” on “the coming dystopia that is urbanization,” starting off by delving into the slums of […]