Economic system

The Path To Fascism

The march to Facism is well under way in the US. For those who don’t understand what facism is, learn beforehand and prepare as best you can. A starting point would be this article by Ben O’Neill entitled the The Vampire Economy and The Market.  His conclusion summarizes where fascism ends up: The economic system of fascism is economically unviable [...]

How Economics and Politics, not Capitalism, Failed the Country

While the U.S. economic system is highly resilient, and we will likely have some form of economic recovery, almost every significant government policy action taken in response to the Great Recession will reduce the quality of life in the long term. Understanding that failed government policies, not market failure, caused our economic challenges is critical to defining the appropriate cures. [...]

Ignorance Dooms the World

Image by via Flickr “A new BBC poll finds that only 11 percent of people questioned around the world — and 29,000 people were asked their opinions — think that free-market capitalism is a good thing. The rest believe in more government regulation. Only a small percentage of the world’s population believes that capitalism works well and that more [...]