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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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Blog

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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