It’s hard to believe how strongly opinionated most Americans are on matters they know little or nothing about. That, in a nutshell, is the essence of poor decision-making – something we seem to be very good at, and proud of it. I mean, what’s social media if not a means[…] Read On
Tax the rich, feed the poor, ’til there are no rich no more? – Alvin Lee, I’d Love to Change the World Elizabeth Warren wants an annual “wealth tax” on the mega-rich. What could possibly go wrong? The 2020 presidential hopeful has proposed a wealth tax of 2% on those[…] Read On
A recent Gallup poll shows that democrats overwhelmingly favor socialism over capitalism, 57% to 47%. We’re apparently in the midst of a national epidemic – an unprecedented case of mass psychosis where roughly half the nation seems to be in complete and total denial of how we all got here.[…] Read On
Everyone’s losing their shit over Trump’s tariffs. The threat of trade war and decline in international trade have economists, pundits and politicians on both sides of the isle worried. The question is, are we really seeing the beginning of the end of a quarter century of globalization? Is protectionism really ascendent?[…] Read On
Nobody would argue that fear-mongering headlines based on selective data have all but taken over the click-hungry media. The more red meat for the social media mobs, the better. What about the sacrosanct notion of income inequality — that the rich are getting richer and the poor are getting poorer?[…] Read On
“As we are unlikely to see an immediate end to capitalism tomorrow, DSA fights for reforms today that will weaken the power of corporations and increase the power of working people.” – Democratic Socialists of America There’s a lot of talk about overthrowing the status quo these days. The topics[…] Read On
Contrary to the cacophony of calls to break up Facebook, Google and Amazon, there’s nothing about being big, dominant, powerful or even a monopoly that goes afoul of U.S. antitrust law. That’s all perfectly legal, as it should be. We want to incentivize companies to grow big and gain market[…] Read On