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Category Archives: Financial Crisis
Conjuring Up the Next Depression
By Chris Hedges Source: TruthDig During the financial crisis of 2008, the world’s central banks, including the Federal Reserve, injected trillions of dollars of fabricated money into the global financial system. This fabricated money has created a worldwide debt of $325 … Continue reading
Posted in conditioning, Corporate Crime, culture, Economics, Energy, Environment, Financial Crisis, Housing Crisis, news, Recession, Social Control, Social Engineering, society, Sociology, State Crime
Tagged bethany mclean, central banks, Crisis, economist, economy, fabricated money, Federal Reserve, financial crisis of 2008, fracking industry, giveaway to banks, global financial crash, Government, homeless, kevin zeese, low interest rates, margaret flowers, Money, national no-interest loans, Nomi Prins, politics, Student Debt, subprime mortgage, unsustainable debt, USA
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Wealth of 400 richest Americans hits record $2.9 trillion
By Alec Anderson Source: WSWS.org On Wednesday, the US finance magazine Forbes released its annual “Forbes 400” list of wealthiest Americans, revealing an immense increase in wealth among the top social stratum in the United States. The total net worth … Continue reading
Posted in Dystopia, Economics, elites, Financial Crisis, Inequality, Social Control, society, Technology
Tagged Amazon, Bill Gates, capitalism, CEO Compensation, Corporate CEOs, Democrats, Donald Trump, Duopoly, Dystopia, economic inequality, Economics, elites, Facebook, financial crisis, Forbes 400, Google, Jack Dorsey, Jeff Bezos, Microsoft, Oligarchs, Oligarchy, Plutocracy, Republicans, Trillionaires, Twitter, wall street, Wealth Concentration, Wealth Disparity
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The Richest Sociopath in the World
By John Rachel Source: Dissident Voice Obviously the above pie chart is a put-on. It is well-documented that working conditions for most employees of Amazon are abysmal, dehumanizing, bordering on abuse we normally associate with slavery. Moreover, the median employee’s salary under Jeff Bezos’ imperial … Continue reading
Posted in Corporate Crime, culture, Economics, elites, Financial Crisis, Inequality, Labor, Neoliberalism, Revolution, Social Control, Social Engineering, society
Tagged Amazon, Business, capitalism, Corporate Crime, economic inequality, Economics, elites, income gap, Jeff Bezos, Labor, sociopaths, Wealth Concentration, Wealth Disparity
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Amazon and Apple: Wall Street’s Trillion Dollar Babies
By Dean Baker Source: CounterPunch Last month Amazon joined Apple, becoming the second company in the world to have a $1 trillion market capitalization. Amazon’s accomplishment didn’t cause quite as much celebration as Apple’s – it pays to be number … Continue reading
Posted in Corporate Crime, culture, Economics, elites, Financial Crisis, Inequality, media, Oligarchy, society, Technology
Tagged Amazon, Apple, big data, capitalism, corporatocracy, Economics, financial crisis, Financialization, Jonas Salk, Oligarchs, Oligarchy, Plutocracy, Polio, Silicon Valley, Smoking, Stock Market, Tax Evasion, wall street
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Taxpayers Are Footing the Bill for Sky-High CEO Salaries
Billions in taxpayer funds go to CEOs who pay their workers peanuts. We can change that. By Sam Pizzigati Source: Other Words Politicians often gab about the “private sector” and the “public sector,” as if these two categories of economic … Continue reading
Posted in Corporate Welfare, culture, Economics, elites, Financial Crisis, Inequality, Social Control, Social Engineering, society, Sociology, wasted taxpayer dollars
Tagged CEO Pay, Corporate Welfare, corporatocracy, economic inequality, Economics, elites, financial crisis, Government Contractors, Income Disparity, Oligarchy, Plutocracy, Portland, Wealth Gap
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For Economic Truth Turn To Michael Hudson
By Paul Craig Roberts Source: PaulCraigRoberts.org Readers ask me how they can learn economics, what books to read, what university economics departments to trust. I receive so many requests that it is impossible to reply individually. Here is my answer. … Continue reading
Posted in Corporate Crime, culture, Economics, elites, Environment, Financial Crisis, Labor, Neoliberalism, Privatization, Social Control, Social Engineering, society, Work
Tagged austerity, capitalism, Classical Economics, Debt, Economic Rent, Economics, elites, environment, External Costs, financial crisis, Financialization, J Is for Junk Economics, Michael Hudson, Natural Resources, Neoliberalism, privatization, Supply-side Economics, Taxes, unemployment
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Why do corporate boards so overpay US CEOs?
By Sam Pizzigati Source: Nation of Change Back in 1999, near the dizzying height of the dot-com boom, no executive in Corporate America personified the soaring pay packages of America’s CEOs more than Jack Welch, the chief exec at General … Continue reading
Posted in Corporate Crime, Corruption, culture, Economics, elites, Financial Crisis, Inequality, Social Control, society
Tagged 1%, CEO Pay, Corporate CEOs, Corporate Elites, corporatocracy, economic inequality, Economic Policy Institute, Economics, Executive Paychecks, financial crisis, Free Market, General Electric, Income Disparity, Jack Welch, MBAs, Rigged Game, Wealth Gap
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