Tag Archives: Monopoly

The Illusion of Getting Rich While Producing Nothing

By Charles Hugh Smith Source: Of Two Minds Of all the mass delusions running rampant in the culture, none is more spectacularly delusional than the conviction that we can all get fabulously rich from speculation while producing nothing. The key characteristic … Continue reading

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Have We Reached “Peak Self-Glorifying Billionaire”?

By Charles Hugh Smith Source: Of Two Minds Perhaps we should update Marie Antoinette’s famous quip of cluelessness to: “Let them eat space tourism.” As billionaires squander immense resources on self-glorifying space flights, the corporate media is nothing short of … Continue reading

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The Top 10% Is Doing Just Fine, The Middle Class Is Dying on the Vine

By Charles Hugh Smith Source: Of Two Minds Please study these charts as a means of understanding the inevitability of economic stagnation and a revolt of the decapitalized middle class. I’ve been covering the decline of America’s middle class for … Continue reading

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Slouching towards dystopia: the rise of surveillance capitalism and the death of privacy

Our lives and behaviour have been turned into profit for the Big Tech giants – and we meekly click “Accept”. How did we sleepwalk into a world without privacy? By John Naughton Source: New Statesman Suppose you walk into a shop and … Continue reading

Posted in Authoritarianism, consciousness, culture, Dystopia, internet freedom, media, Media Literacy, Oligarchy, Psy-ops, Science, Social Control, Social Engineering, society, Sociology, surveillance state, Technocracy, Technology | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Corporate America Is an Anti-Social Black Plague: Negative Network Effects Run Amok

By Charles Hugh Smith Source: Of Two Minds The anti-social carnage unleashed by Corporate America’s “lock-in” / negative network effects has no real limits. Here’s the U.S.economy in a nutshell: Corporate America is an anti-social Black Plague, gorging on cartel-monopoly … Continue reading

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Billionaires are a Sign of Economic Failure

Inherited wealth and crony capitalism have created an aristocratic class that undermines social mobility and democracy By Max Lawson Source: Inequality.org The New York Times published an editorial comment on its front page in January 2019, provocatively entitled “abolish billionaires.” The … Continue reading

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Bust the Trust: Now is the Time to Break Up Amazon

By Andy Laties with additional reporting by Sander Hicks Source: The New York Megaphone Standing at the cash register at an Upper West Side independent bookstore I used to run, I once noted the frequent passage of cars painted all … Continue reading

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National Bankruptcy as a Board Game

By Dmitry Orlov Source: Club Orlov Most people are familiar with the game Monopoly. Its goal is to teach capitalist kiddies a valuable lesson about capitalism; namely, that in running a business it isn’t useful to shoot for some happy … Continue reading

Posted in Corporate Crime, Corporate Welfare, Corruption, culture, Deep State, Economics, Empire, Financial Crisis, Geopolitics, imperialism, Militarization, military spending, Social Control, Social Engineering, society, State Crime, war, wasted taxpayer dollars | Tagged , , , , , , , , , , , , , , , | Leave a comment