“What Led To The Rise Of Billionaires? – OpEd”
an introduction to the global policies supporting billionairification “What Led To The Rise Of Billionaires? – OpEd” in the Eurasia Review (3.23.2025) by Bhabani Shankar […]
Economy
Eliminate Advertising
I came across this provocative essay via Peter Spear’s That Business of Meaning on Substack. This takes my criticism of marketing and advertising to one […]
Financialization and going off the rails with Norfolk Southern
a revisit with this 3.8.2023 post From Production to Extraction The financialization of corporations is one of the most important developments in capitalism over the […]
Centi-millionaires: the plague of big numbers – millions, billions, trillions.
The Forbes billionaires list in 2019 counted 607 billionaires in the US. By April 2024, this number had grown by 34 percent to 813. In […]
“The Techno-Optimist Manifesto” – more about tech billionaire ideology
The Techno-Optimist Manifesto by Marc Andreessenis a 2023 statement of a libertarian-technology-centric view of the world. This manifesto is primarily based on a faith-based understanding […]
Industrial Food and Econ 101 – the case of externalities
Externalities – the language of Econ 101 What are externalities? Defined in two widely used textbooks: “An externality occurs when some of the costs or […]
An Update: the $79 Trillion Heist
The scale of income transfers from the bottom 90% to the top 10% over the past 50 years just got larger! I have written at […]
Fire Engines, Monopolies, & Private Equity
The New York Times published a lengthy report on 2.17.2025, “As Wall Street Chases Profits, Fire Departments Have Paid the Price – Fire engine manufacturing […]
Insecurities for the Bottom 90% of the US Population – part 4 – Food
This is part of the series on the insecurities produced by American capitalism for most Americans. Food Food Insecurity The US Dept. of Agriculture reports […]