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…

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…

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.…

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…

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…

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…

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…

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…

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…

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…