Tag Archives: cartels

Our Hopelessly Dysfunctional Democracy

Democracy in America has become a hollow shell. The conventional markers of democracy–elections and elected representatives–exist, but they are mere facades; the mechanisms of setting the course of the nation are corrupt, and the power lies outside the public’s reach. … Continue reading

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Why Is the Cost of Living so Unaffordable?

The mainstream narrative is “the problem is low wages.” Actually, the problem is the soaring cost of living. If essentials such as healthcare, housing, higher education and government services were as cheap as they once were, a wage of $10 … Continue reading

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Want to Bring Back Jobs? It’s Impossible Unless We Fix these Four Things

If there is any goal that might attract support from across the political spectrum, it’s creating more fulltime jobs in the U.S. But this laudable goal is dead-on-arrival (DOA) unless we first fix these four things. Why is job growth … Continue reading

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Be Your Own Medicine

I recently saw a slogan that encapsulated what’s wrong with the U.S. healthcare system: Be Your Own Medicine. To Be Your Own Medicine is the essence of prevention, and a way of taking full ownership of one’s health, body, mind, … Continue reading

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Why The Status Quo Is Doomed: Income Stagnates, Costs Rise

Even if nothing else doomed the status quo, the widening gap between household incomes and costs will push the corrupt contraption over the cliff by itself. The status quo (whatever you wish to call it) requires “growth” to sustain itself–growth … Continue reading

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A Fatal Accident Waiting to Happen: U.S. Healthcare

Many of the systems we take for granted are historical accidents. Either based on legacy systems hundreds of years old (higher education) or assembled in a short-term, ad hoc fashion (post-1940 national defense/ national security), these systems have expanded into … Continue reading

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The Critical Difference Between Rentier Wealth and Wealth Creation

If you want to understand why our economy is stagnating and wealth inequality is rising, look at the rise of rentier skims and the resulting decline in wealth creation. To understand why the real economy is stagnating, we have to … Continue reading

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Sorry, Fed Inflationistas: Technology Is Deflationary

Technology, like Nature itself, has no emotional stake in what is creatively destroyed. We all know the Federal Reserve is terrified of deflation, because they keep telling us that deflation is the equivalent of death and inflation is the equivalent … Continue reading

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