[Source: The Intercept, Naomi Klein, 16 Mar 2020] Governments around the world are busily exploiting the coronavirus crisis to push for no-strings-attached corporate bailouts and regulatory rollbacks. “I’ve spent two decades studying the transformations that take place under the cover of disaster,” writes Naomi Klein. “I’ve learned that one thing we can count on is… Continue reading Coronavirus Capitalism — and How to Beat It
Tag: economy
Henry George – Progress and Poverty
Praise for Progress and Poverty Among many famous people who asserted that it was impossible to refute George on the land question were Winston Churchill, Leo Tolstoy, John Dewey, and Bertrand Russell. Tolstoy and Dewey, especially, dedicated much of their lives to spreading George’s ideas. Tolstoy was preaching about the ideas in Progress and Poverty… Continue reading Henry George – Progress and Poverty
Why It’s Cheaper To Have A Baby In Finland Than The U.S. (CNBC, 14 Feb 2020)
As 2019′s happiest country in the world, Finland is undoubtedly a great place to have children. With lengthy parental leave, hundreds of dollars worth of free baby products in the signature baby box and low-to-no childbirth costs, here’s why it’s better to have a baby in Finland than in the U.S. (CNBC, 14 Feb 2020)… Continue reading Why It’s Cheaper To Have A Baby In Finland Than The U.S. (CNBC, 14 Feb 2020)
What is economic value, and who creates it?
Where does wealth come from, who creates it and what destroys it? In this deep dive into global economics, Mariana Mazzucato explains how we lost sight of what value means and why we need to rethink our current financial systems — so capitalism can be steered toward a bold, innovative and sustainable future that works… Continue reading What is economic value, and who creates it?
Nick Hanauer on Building Successful Economies
Rising inequality and growing political instability are the direct result of decades of bad economic theory, says entrepreneur Nick Hanauer.
Returning to the Town that Walmart Left Behind
When Walmart moves into rural towns, the impact on local small businesses can be devastating and often results in local stores closing down. Even more devastating is the wasteland left behind when a Walmart pulls out of a community after homogenizing the local economy. Educational preparedness and workforce readiness are hindered. In other words, the… Continue reading Returning to the Town that Walmart Left Behind
Rising California Housing Cost Resulting in High Rates of Homelessness and Poverty
Housing costs in California are rising faster than other states. Between January 2012 and January 2019, list prices for homes rose 85.4%. Here are three of the key conditions that sent prices soaring. Video and photo composite: Carlos Waters for The Wall Street Journal. (8 Mar 2019)