Economic Update: Capitalism and/or Socialism

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This week's episode of Economic Update includes updates on Spain's new left government, no NFL money for concussion research, Harvard runs like a business, Fresno research proves widespread hunger. Responses to questions on...

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Debunking the Magnitude of Markets: A Holiday Story

This article originally appeared at Truthout.org

Like all human institutions, markets have strengths and weaknesses. Born in particular historical conditions, they alter over time as conditions change, and eventually die. Just as other institutions - monarchy, slavery, empire, feudalism, tribal society...

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Capitalism - Not China - Is to Blame for the Current Global Economic Decline

This article originally appeared at Truthout.org

 

Capitalism, like a speeding train, barreled into a stone wall in 2008. Shocked and dazed, its leaders have been trying to "recover." By that, they mean to fix the mangled tracks, reposition the locomotive and cars on those tracks and resume forward motion. No basic economic change...

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Global Center for Action Studies: Capitalist Decline and a Way Forward

Capitalism is relocating to new centers in China, India, Brazil, etc. In its old centers, e.g., the US, economic prospects darken. Middle and lower incomes stagnate. Multinational businesses and those they enrich force...

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Economic Update: Economic Lessons from 2015

This week's episode of Economic Update includes updates on FED's interest rate hike, Peter Drucker on "like a business," gun business, and oil economics. Response to question on whether it is China that is slowing the world economy. Major discussion of...

 

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