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  • Summary of Book
    • Introduction to the Summary of the Book
    • Who Caused the $79 Trillion Heist
    • What are the drivers of the $79 trillion heist?
    • Monopolization
    • Globalization
    • Decline in Unionization
    • Financialization
    • The Financial Sector
    • Financialization of Corporations
    • Money
    • Insecurity for the Bottom 90% over the Past Fifty Years
    • Other Problems with Capitalism
    • Conclusions
    • Addendum – Why Orthodox Economics Is Not Useful
    • Further Addenda
    • Table of Contents
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Articles by theheist

“How Structural Racism Works” – Tricia Rose and Samuel Rosen – recently noted

June 7, 2020 theheist 0

If you are struggling to get your head around how racism works you will probably find it helpful to have a general framework as a […]

Tightrope – Americans reaching for hope by Kristof and WuDunn – book review

May 1, 2020 theheist 0

Tightrope provides a well-written description of the American crisis through personal stories and hard data. Unfortunately it falls flat in its call for action.

How the Rich and Big Corporations Feed Off Us During the Pandemic

May 1, 2020 theheist 2

The rich and corporations win even during a global pandemic.

The Coming End of Branding and Logos….. the shutdown

February 14, 2020 theheist 0

Perhaps the ceaseless clamoring for our attention by marketers is reaching its final stage of saturation in which our brains simply shut down and go on attention strike.

Recently Noted – “Across America, working-class people are dying of despair”

January 17, 2020 theheist 0

Essay explores the grim reality of life in one small corner of America within the broader landscape of the bottom 90%.

Real Estate Development – a local story –

December 16, 2019 theheist 0

In an area with dozens of empty store fronts and several hundred thousand sq ft of empty space, a new strip mall is approved for construction. A rational market??

Nobel Prize Winners Critique Markets – Duflo and Bannerjee

October 27, 2019 theheist 0

Nobel Prize winners Duflo and Bannerjee take on idealized views of markets. They target the role of financial incentives, markets as self-correcting, efficient and ethically sound.

Market Concentration – Walmart and Groceries

October 25, 2019 theheist 0

The Visual Capitalist added another graphic example of the increasing concentration, monopolization, of markets, in this case for groceries. Even here in Hudson NY we […]

Recently Noted – Robert Reich on breaking up Big Tech – a limited view

June 26, 2019 theheist 0

Robert Reich is continuing his series of brief YouTube videos on progressive view of the economy. This is a good introduction to the arguments for […]

Enron, Trust and Malfeasance

January 29, 2002 theheist 0

January 23, 2002 (revised 1/29/02) The collapse of energy giant Enron over the last six months has produced a surprising level of outrage especially for […]

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The latest posts

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  • The Best Books and Articles on the Heist of $79 Trillion from the Bottom 90%
  • Wondering why your family budget gets ever tighter?

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