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Tag Archives: Financial Parasites
The Great Ponzi Scheme of the Global Economy
By Michael Hudson and Chris Hedges Source: CounterPunch CHRIS HEDGES: We’re going to be discussing a great Ponzi scheme that not only defines not only the U.S. but the global economy, how we got there and where we’re going. And with me … Continue reading
Posted in Conspiracy, Corporate Crime, Corporate Welfare, Corruption, culture, Economics, Empire, Financial Crisis, History, Recession, Social Control, society, war
Tagged 1%, 99%, Adam Smith, Chris Hedges, Classical Economics, Debt, Financial Parasites, GDP, Goldman Sachs, Gross National Product, Junk Economics, Marx, Michael Hudson, military-industrial complex, Neofeudalism, Oligarchy, Plutocracy, wall street, war
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Financial Predators and Parasites Want to Live, Regardless of the Cost
By Charles Hugh Smith Source: Of Two Minds Reform is impossible in a system optimized for centralized power and financial predators and parasites. The problem with optimizing private gain by any means available is you also optimize financial predators and … Continue reading
Posted in Corporate Crime, Corruption, culture, Economics, Financial Crisis, History, Recession, Social Control, society
Tagged Big Banks, Corporate Criminals, corporatocracy, Crony Capitalism, financial crisis, Financial Meltdown, Financial Parasites, Financial Predators, Rent Seeking, wall street
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Desultory Heroics 