Category Archives: Wealth and Income Inequality
12 Charts That Show Permanent Damage That Has Been Done to the U.S. Economy
12 Charts That Show The Permanent Damage That Has Been Done To The US Economy Post Categories: Canada Michael Snyder. | Wednesday, October 15, 2014, 10:44 Beijing Most people that discuss the “economic collapse” focus on what is coming … Continue reading
On the Political Economy of Wealth/Income/Power Inequality (An Evolving Essay)
In the US since 1949 inequality has increased with each expansion, with most gains going to the 1% (2 charts) from David Ruccio source That’s right: during the first three years of the current “recovery,” the top 10 percent captured 116 percent … Continue reading
Some Issues in Real World Economics
Map of the day : the world’s billionairs September 28, 2014 from David Ruccio This map of the world’s billionaires—all 2,325 of them (an all-time record high), with a total wealth of $7.3 trillion (which is higher than the market capitalization of all the … Continue reading
Real Wage-Productivity Gap in the G-20 2 graphs
The wage-productivity gap in the G20 (2 graphs) September 11, 2014David F. RuccioLeave a commentGo to comments from David Ruccio According to a new report jointly issued by the OECD, World Bank, and the International Labor Organization, “G20 labour markets: outlook, key … Continue reading
Capitalism: A System Run By and For Psychopaths
Capitalism: A System Run By and For Psychopaths – – The Compensated Psychopath** – The famed Swiss psychiatrist Adolf Guggenbühl-Craig, Jungian author of The Emptied Soul, believes that many psychopaths (a.k.a. sociopaths) who walk among us are often those who … Continue reading
Adam Smith on Justice
Adam Smith on justice August 30, 2014EditorLeave a commentGo to comments Smith’s commitment to “equity” for the working class was behind the vehemence of his opposition to mercantilist (“business economics”) arguments for policies that would protect or promote the profits of … Continue reading
The Life of Death: An Exchange
‘The Life of Death’: An Exchange Israel Shahak, reply by Timothy Garton Ash JANUARY 29, 1987 ISSUE In response to: The Life of Death from the December 19, 1985 issue http://www.nybooks.com/articles/archives/1987/jan/29/the-life-of-death-an-exchange/ http://en.wikipedia.org/wiki/Israel_Shahak STTPML Commentary: There are no “Holocaust Deniers” at STTPML. Quite … Continue reading