Thinking Aloud about the last 42 years of politics The Slopping Path It all began some time ago with a man named Ronald in 1980, followed by the phenomenon known as The Hawker Rush. Ronald shifted his allegiance from labor unions to capitalism, influenced by a woman and a wealthy stepfather who guided him down …
Economy ..noun the wealth and resources of a country or region, especially in terms of the production and consumption of goods and services. An economy (from Greek οίκος – “household” and νέμoμαι – “manage”) is an area of the production, distribution, and trade, as well as consumption of goods and services by different agents There are four different …
THINKING ALOUD ABOUT THE ECONOMY AND THE PEOPLE The Free market does work But-Always on the backs of the working people. WHO always gets the bad end of Free Market adjustments the wage earner, the employee, the job person, suffers a Personal Disaster. When business is successful, and profit is distributed The largest share …
When PROFIT is the goal and not the COMMUNITY of people then bad things will happen to the community, you and me. When taxes are reduced for the individual and the corporations then most of the money goes to the rich people. Most of the reduced taxes go to the top 1% and then practically …
EXCESSIVE PROFIT &/OR EXCESSIVE ACCUMULATION is the PROBLEM Read More »
Capitalism is an ideology. It is a practice to operate an economy. I am not sure we should argue about economic systems. We should work at finding a practice that cares for all humanity. The human animal holds a different responsibility in nature because of the process of thinking. Remember humanity’s success started because of …
The “Trickle Down” Lie Give more money to the money people via tax reductions and they will invest into the economy and the success will trickle down to the job people: in more jobs, higher pay (raises), and better benefits. The myth, lie, started in 1980 with the election of people who believed Trickle Down …
Hedge Funds dump money on ideas. What is the cost of the failed ideas: some of the money. They get to play this way because they have so much money: where is the brilliance? For this, you and I allow special tax breaks: silly us. In the last Senate Bill, August 2022, Senator Kyrsten Sinema …
Back in Adam Smith’s Days (Wealth of Nations was published in 1776) the market economy was working effectively on the Main Streets of towns and villages and was creating community. Merchants and agriculture were generating an economy that work for the good of people. It worked because we knew the craftsman, doctor, lawyer, shop owner, …
The Free market does work………… Always on the backs of the working people. When profit is distributed The Big Winners are corporations’ executives and investors a very small group of people. But when the business fails …. and …