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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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Economy

Google celebrates its 25th birthday. Should we light a candle too?

September 4, 2023 theheist 0

Google turns 25 today. It has a surprisingly benign public image. Google describes its mission as: “Our mission is to organize the world’s information and […]

Video Post – the $47 Trillion Rip Off

August 30, 2023 theheist 1

A video version of the earlier post, “$47 Trillion – the ripoff by the rich and corporations – in two charts – maybe a few […]

A thought for the day while looking around in TikTok

August 28, 2023 theheist 0

The other day I was poking around in TikTok to see what it is all about. Came across a quote from Karl Marx that struck […]

$47 Trillion – the ripoff by the rich and corporations – in two charts – maybe a few more…..

August 22, 2023 theheist 1

I was already 31 years old when the rip-off of America began in 1979. I was busy, and the changes in American life were only […]

What is $47 trillion – 47,000,000,000,000 – a comparative exploration?

August 22, 2023 theheist 0

My previous post, “$47 Trillion – the ripoff by the rich and corporations – in two charts – maybe a few more…..” raises the question […]

The Waterworks of Money – how money and the financial sector work

June 14, 2023 theheist 0

  By chance, I saw an exhibition titled “The Future of Money” (thru 9.9.2023) at the Art Museum of The Hague, Netherlands in May 2023. […]

The Glory of Our Food – on the back of farm workers – more from John Oliver

April 19, 2023 theheist 0

Only the oldest amongst my readers will remember Edward R. Murrow’s 1960 CBS TV report Harvest of Shame (opens CBS channel on YouTube) that reported on […]

Wealth & Poverty course from Robert Reich – UC Berkeley

April 6, 2023 theheist 0

Reich is offering an online course, “Wealth & Poverty”, that started today. I watched the first lecture, “What Happened to Income and Wealth?” Looks like […]

Private Equity, Housing, and the Extraction Economy

March 26, 2023 theheist 0

In the last couple of years articles have begun to appear with titles like: When Private Equity Becomes Your Landlord Where Have All the Houses […]

Computer Chips, Taiwan, Biden & China

March 23, 2023 theheist 0

China spends more on importing computer chips – $260 billion in 2017 – than it does importing oil. President Biden’s recent bans on the export […]

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