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Tag Archives: wall street
CEOs should have been the fall guys; why are they still heroes?
By Carl Rhodes Source: aeon On 15 September 2008, the giant financial services firm Lehman Brothers filed for bankruptcy, starting a chain reaction that saw the global economy spiralling toward total collapse. The global financial crisis that ensued revealed just … Continue reading
Posted in Authoritarianism, conditioning, Corporate Crime, culture, education, elites, Financial Crisis, History, Inequality, Neoliberalism, Oligarchy, Psychology, Recession, Social Control, Social Engineering, society, Sociology
Tagged Amazon, Apple, Authoritarian, capitalism, CEO Salary, Donald Trump, economic inequality, Elon Musk, Facebook, financial crisis, Harvey Weinstein, Jamie Dimon, Jeff Bezos, JPMorgan Chase, Mark Zuckerberg, Martin Shkreli, Miramax, Neoliberalism, recession, Stock Market Crash, Tim Cook, Turing Pharmaceuticals, wall street
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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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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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What’s Wrong with the Economy: 9 Toxic Dynamics
By Charles Hugh Smith Source: Of Two Minds These nine dynamics are mutually reinforcing. Beneath the surface signals of an eternally rising stock market and expanding GDP, we all sense something is deeply, systemically wrong with the U.S. economy. These … Continue reading
Posted in Corporate Crime, culture, Economics, elites, Financial Crisis, Inequality, Labor, Neoliberalism, Social Control, Social Engineering, society, Work
Tagged Asset Bubbles, Economic Collapse, Economic Growth, economic inequality, Economics, elites, financial crisis, Financialization, Fossil Fuels, Globalization, income gap, Labor, Over-speculation, Stock Market, technology, US Economy, wall street, Wealth Concentration, Wealth Disparity
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USA in a Debt Trap Death Spiral
By F. William Engdahl Source: New Eastern Outlook The US economy and its financial structures have never recovered from the great financial meltdown of 2008 despite the passage of ten years. Little discussion has been given to the fact that … Continue reading
Posted in culture, Economics, elites, Financial Crisis, Geopolitics, History, Recession, Social Control, society
Tagged Bretton Woods, central banks, Debt, Economic Collapse, Economics, Federal Debt, Federal Reserve, financial crisis, Global Financial System, Quantitative Tightening, Tax Cuts, Trickle down economics, Trumponomics, US Dollar, US Foreign Policy, wall street
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The Coming Collapse
By Chris Hedges Source: Occupy.com The Trump administration did not rise, prima facie, like Venus on a half shell from the sea. Donald Trump is the result of a long process of political, cultural and social decay. He is a … Continue reading
Posted in Activism, Authoritarianism, censorship, civil liberties, Corporate Crime, corporate news, Corruption, culture, Dirty Politics, divide and conquer, Dystopia, Economics, elites, Empire, Environment, Financial Crisis, Health, Inequality, media, Philosophy, police state, propaganda, Psy-ops, Recession, Social Control, Social Engineering, society, State Crime
Tagged Bailouts, Central Bankers, civil liberties, corporate media, Corporatism, corporatocracy, culture, Democratic Party, Despotism, DNC, Donald Trump, Dystopia, Economic Collapse, Economics, fascism, financial crisis, Freedom, Nomi Prins, Ruling Elites, society, Totalitarianism, wall street
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Assets of world’s “high net wealth” millionaires surged to $70 trillion in 2017
By Barry Grey Source: WSWS.org The concentration of the planet’s wealth in the hands of a narrow financial elite is growing by leaps and bounds. A new report published Tuesday reveals that the wealth of the world’s 18.1 million “high … Continue reading
Posted in Corporate Crime, Corruption, culture, Dystopia, Economics, elites, Empire, Financial Crisis, Neoliberalism, Social Control, Social Engineering, society, State Crime
Tagged 1%, Aristocracy, Capgemini, Economic Collapse, economic inequality, Economics, elites, financial crisis, financial elite, high net wealth individual, HNWI, income gap, Oligarchy, Plutocracy, Revolution, Trillionaires, wall street, Wealth Concentration, World Hunger, World Wealth Report 2018
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