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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

The Implosion of Southwest Airlines and Financialization

December 29, 2022 theheist 0

Southwest Airlines canceled thousands of flights representing more than 80%of all cancellations during the Christmas 2022 snowstorm. The scale of this service implosion led to […]

Update 12.8.2022 – Money, Finance, Financialization

December 8, 2022 theheist 0

I’m working on the last major revision. This is turning out to be more work than I had anticipated. Here are the topics: Money – […]

What’s Wrong With Inequality – the word?

November 26, 2021 theheist 0

Use of the word inequality hides the real issues.

Video Post: The Monopolization of the Economy and Zephyr Teachout’s “Break’Em Up”

October 27, 2020 theheist 0

monopoly, antitrust, trust, economy, US economy, Zephyr Teachout, Break’em Up, competitive markets, monopoly market, economic concentration, big tech, chickenization

“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??

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  • Go to my Substack for my blog posts.
  • We are a very rich country! Why so much insecurity for the bottom 90%??
  • The Real Debt Crisis
  • What the rich & corporations know about our capitalist economy that you don’t
  • NYC Mayor Mamdani’s $30 per hour minimum wage

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