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    Economics / bank reform, banking, capitalism, democracy, Occupy Wall Street /

    Occupy Wall Street

    October 6, 2011

    Will it work? Who knows? When the normal method of influencing policy is disrupted by its co-option by an interested minority, and when political leadership limits itself to serving the interests, primarily, of that minority, a new direction or channel must be found. It will, of necessity, be outside the norm. It will thus be […]

    Economics / capitalism, corporate profits, democracy, Kaldor, Occupy Wall Street, Reagan, unemployment, wages /

    Why Is It? Wages, Profits, and Civil Unrest

    October 3, 2011

    Why is it that when pressure builds to modify laws and regulations so that our national wealth can be spread a little more evenly it is called class warfare, but when those laws and regulations are abolished so that the wealthiest among us can exploit the rest of us more than in the past, it […]

    Economics / business investment, consumer confidence, consumption, exports, GDP, government spending, imports, inventories, jobs, residential investment, stimulus, unemployment, wages /

    Stagnation Watch: GDP, Jobs, And Confidence

    September 29, 2011

    We are almost at a point where we can all take a month or so off after which we would return to be met by economic reports eerily similar to those we left behind earlier. Nothing substantial is going on. Nothing. We are stuck in a malaise. Neither sinking nor rising with any consistency or […]

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