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    • 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
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    • Addendum – Why Orthodox Economics Is Not Useful
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Inequality

Occupy Wall St. was right…..

November 17, 2024 theheist 0

In the fall of 2011, a large group of protestors occupied areas around Wall St. in NYC for six weeks under the banner of “We […]

Book Review – Revolt of the Rich: How the Politics of the 1970s Widened America’s Class Divide by David Gibbs

November 12, 2024 theheist 0

Neoliberalism is the word most frequently used by commentators and academics when discussing the changes in the US economy over the past 50 years. For […]

Wealth Concentration and the Environment – a new concern

October 28, 2024 theheist 0

Much is made here and elsewhere of the extreme concentration of wealth in the top 1% of the world’s population (63 million people) and perhaps […]

Wealth Concentration in the US – more of the same

October 3, 2024 theheist 0

October 2024 The US Congressional Budget Office has updated it findings on wealth inequality. Since 1989 the top 10%’s share of wealth has increased from […]

Elon Musk, $50 billion, and Financialization – from production to extraction

January 31, 2024 theheist 0

Much is being made of a Delaware court blocking Musk’s $50 billion compensation contract. See the reporting in the NYTimes: Elon Musk’s Tesla Pay Package […]

Three charts that define the last 45 years in the US

January 2, 2024 theheist 0

Its the time of year for summations, usually for just the previous year. My selection of charts explains much of the past 45 years for […]

My Year End Siege of Angers – the list –the rerun

December 29, 2023 theheist 0

Last year, at about this time,  I tapped away at the list below. In recent days I returned to the question of a new Siege […]

$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 […]

My Year End Siege of Angers – the list

January 1, 2023 theheist 4

Yesterday as I was taking a walk up and down Warren St. here in Hudson I realized that I had become actively angry about the […]

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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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