The idea was that the rich would benefit first, but the poor would eventually benefit as well. This is the famous trickle-down theory, which was never better described than by Harvard professor John Kenneth Galbraith, who claimed that this was what was called the “horse and sparrow” theory in the …
Mirror of Being, 30 min
Read what others overlook www.indybay.org Economy Marc Batko From: marc1seed@yahoo.com I’ve been frantically uploading articles to indybay.org through Nov, Dec, Jan, and Feb and now you can reap the harvest!! I heard Sen Ron Wyden on KBOO this morning in his 100th town hall!! T and the Muskrat, the Wrecking …
Everyone knows that the new US president’s approach has nothing to do with fairness, even though he likes to cite it to agitate against other countries that currently fare better than the United States in some area. “Strategically,” the blusterer from “God’s own country” relies primarily on the law of …
The financial industry magically creates money through “tricks” and becomes capital without the detour of “labor.” Profit is generated less and less by human labor. The delay tacticPandemic and war could have more to do with the feared collapse of the world financial system than previously thought. Six essays by …
Johann’s Substack Donald Trump Is No Longer the President of the United States We must accept what is happening Johann Neem Feb 12, 2025 I remember that day in 1985 when I accompanied my parents to a courthouse in San Francisco. As I recall, they stood before a judge …
If capitalism is not to lead us to our doom, there is no alternative to thinking about alternative social models.Our economic system is not having problems, it is the problem. Capitalism endangers life on earth and threatens to destroy everything. Even if it does not come to the worst, the …
Are we in the midst of a constitutional crisis? Harvard Law professor Laurence Tribe joins Katie Couric to break down the shocking legal maneuvers of President Trump’s second term—from DOJ interference to executive overreach. Tribe sounds the alarm on a government takeover, the resignation of top prosecutors, and the perilous …
In the first hundred days of the Trump presidency, there is not a single positive thing to be found in this man and his administration.. Anyone who claims otherwise is mistaken. And anyone who thinks that this is merely a variant of “normal” Republican policy is deluding themselves..The political system …