Tag Archives: wall street

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

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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

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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

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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 , , , , , , , , , , , , , , , , , , , , , | 4 Comments

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 Comment

America is Disneyland

By Chris Kanthan Source: Activist Post Disneyland is the Happiest Place on Earth! Millions of families visit the theme park every year to enjoy the magical place of rides, spectacular shows and cheerful cartoon figures. Everything is clean, perfect and … Continue reading

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A 2% Financial Wealth Tax Would Provide A $12,000 Annual Stipend To Every American Household

Careful analysis reveals a number of excellent arguments for the implementation of a Universal Basic Income. By Paul Buchheit Source: Nation of Change It’s not hard to envision the benefits in work opportunities, stress reduction, child care, entrepreneurial activity, and … Continue reading

Posted in Corporate Welfare, culture, Economics, elites, Financial Crisis, Inequality, Labor, Recession, society, Sociology, Technology, Work | Tagged , , , , , , , , , , , , , , , , , , , , | 7 Comments

The Simulacra Democracy

By John Steppling Source: CounterPunch … a nation in which 87 percent of eighteen- to twenty-four year olds (according to a 2002 National Geographic Society/Roper Poll survey) cannot locate Iran or Iraq on a world map and 11 percent cannot … Continue reading

Posted in Authoritarianism, censorship, CIA, conditioning, Conspiracy, Corporate Crime, corporate news, culture, Deep State, Dystopia, Empire, Geopolitics, History, media, Militarization, news, propaganda, Psy-ops, Racism, Social Control, Social Engineering, society, Sociology, State Crime, war | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment