Singapore’s Salvation

Singapore, One of the Rare Jewels of the Civilized World Singapore is one of those few places that is both a city and a nation. The city-state stands as a testament against the primacy of philosophical or religious systems and it is ardently in favor of whatever actually works in human affairs. It has made … Read more

The Asian Tiger Economies

After the Second World War the victorious Americans did something utterly unique in world history. They launched a massively generous global campaign to help the previously embattled and badly damaged nations of the world to rebuild themselves. In Europe the campaign was referred to as the Marshall Plan. All the war-torn nations of Europe gladly … Read more

The Strange Bedfellows of Geopolitics

Do the capitalist power elites always control their governments? Karl Marx and his fellow travelers strongly asserted they did? In the Dickensian England of Marx’s day, the productive factory owners clearly did have strong influences in the British Parliament.  But that was a time when England was deeply enthralled with The First Industrial Revolution and … Read more

What Lenin Got Right

In 1916 Vladimir Lenin wrote his book Imperialism, the Highest Stage of Capitalism. In that book he asserts that successful and competitive capitalist enterprises work hard to become monopolies in their market areas. They each want to be the last man standing in their sector of the market. Of course, Lenin wrote that book as … Read more

Financial Zombiism

In ancient Israel the sabbatical year (ever 7th year) was not only a year of allowing fields to be left fallow, it was also a year of debt forgiveness(Deuteronomy 15:1-2). In China the ancient tradition of repaying debts before the Chinese New Year stems from the belief that starting the new year free of financial … Read more

The Problem of Globalism

The most core and basic of all human nature is self-interest. This is the nature we are all born with. Every baby cries to be fed or changed. One of the first words we all learn as infants is “MINE!” On the other hand, sharing is an unnatural, taught behavior.  Teaching a youngster to share … Read more

Mortgaging the Next Generation

John Maynard Keynes was born in Cambridge, England in 1883, to a privileged elitist academic family. Keynes became an influential economist and he is best known for his economic theories on the causes of prolonged unemployment, and for his most influential work, The General Theory of Employment, Interest and Money, which was first published in … Read more

What Karl Marx Got Right

During the 18th century, the higher efficiency of the nascent factory system made the previously revolutionary cottage industry production system less efficient and therefore newly uncompetitive. As a result the cottage industry system lost its commercial viability and gradually began to fail economically. The combination of the decline of cottage industries and the rise of … Read more