THE COALESCENCE

How Powerful Evolutionary Forces are Transfroming Seven Billion Individual Humans Into a Single Harmonious Social Organism

Tag: debt

IT’S CAPITALISM, STUPID

The cause of the debt crisis is to be found in the essence of capitalism itself: competition, which – surprise! – produces losers as well as winners. The primary mechanism through which this contest is engaged is the corporation, which the US Supreme Court recently declared to be the legal equivalent of a person. Here […]

THE CURTAIN RISES ON ACT TWO

The houselights dim. The audience scurries to their seats, now with heightened anticipation. A new political force has gained ascendancy, with an anti-government, anti-regulation, anti-tax, anti-entitlement, pro-corporate, free market agenda. What will the future hold? The curtain rises and . . . . On Thursday, the Dow Jones Industrial Average plunged over 500 points, dropping […]

THE SCANDALOUS TAX CODE

Well, the taxman made his annual visit to collect his due, and while we made it through another year, we’re also another couple of trillion dollars deeper in debt. As we are forever reminded, there are but two remedies for excessive debt: cut spending or raise taxes, one or the other, or a combination of […]

AND THE SQUEEZE GOES ON

As the world’s political and financial leaders seek to reinvigorate economic activity, it is no surprise that the greatest sacrifices and the largest contributions are being demanded from the workers, the laborers who actually produce stuff. As the economy begins to lurch forward in one sector or another, lack of confidence in the sustainability of […]

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