Professor Richard D. Wolff, author and self trained Marxist economist, and journalist Hedrick Smith, author of Who Stole the American Dream, have both detailed how we have gone from the Greatest Generation of WWII to the first generation that will be worse off than their parents.
Both discuss the demise of the Glass-Steagall Act of 1933. Both recommend long term fixes and both agree that re-regulation is either difficult, next to impossible, or that it will be reversed by the same corporate forces quicker than Glass-Steagall. So far, the 2010 Dodd-Frank Act is only 38 percent imposed and fighting huge corporate resistance.
“Dodd-Frank may have been too smart for its own good.”
On the one hand, patriotism divides citizens into multiple factions based on variable notions of a nation and its history. On the…
Voters have witnessed a long history of peaceful Executive leadership change. However, we’ve just seen, 1/6/2021, how fragile that transition…
This is about the need for national efforts to stop enabling haters (individuals and political parties) from optimizing their hunting…
In 2030, the entire world is condemned to extreme inequality, slavery, baby farms with women dressed in red and world domination as originally…
Any nation with either an authoritarian political system or an authoritarian economic system, like predatory capitalism, is susceptible to totalitarianism.…