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Category: News
What Lenin Got Right – The Monopoly Capitalism Problem
In 1916 Vladimir Lenin wrote his book Imperialism, the Highest Stage of Capitalism. In that book he asserts that successful…
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Financial Zombieism and The Debt Slavery Problem
In ancient Israel the sabbatical year (ever 7th year) was not only a year of allowing fields to be left…
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Globalism – The Destroyer of the American Middle Classes
The most core and basic of all human nature is self-interest. This is the nature we are all born with.…
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The Fallacy of Self-Regulating “Free” Markets – Karl Polanyi Speaks Truth to Power
Polanyi famously asserted that: “The victory of fascism was made practically unavoidable by the liberals’ obstruction of any reform involving…
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Mortgaging the Next Generation – John Maynard Keynes and Government Deficit Spending
John Maynard Keynes was born in Cambridge, England in 1883, to a privileged elitist academic family. Keynes became an influential…
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Financial Panics and the Lender of Last Resort
Walter Bagehot was a mid-Victorian era journalist in Britain who married the eldest daughter of James Wilson, the founder of…
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Karl Marx – The Labor Exploitation Problem of Factory Production
During the 18th century, the higher efficiency of the nascent factory system made the previously revolutionary cottage industry production system…
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The Zeroeth Industrial Revolution in England
Good capitalism is exemplified in the narrative of Daniel Defoe’s book A Plan of English Commerce, where he adroitly gives the…
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The Big Flash – The Divine Creation of the Cosmos
The Big Bang Event is the general term applied to the group of naturalistic (non-supernatural) theories which attempt to explain…
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Nine Fundamental Problems or Failures of Capitalism
The term capitalism was originally coined by Karl Marx as a derisive strawman caricature of the system which allowed exploitive…
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