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20379505 stories viewed since January 1st, 2005

Viewing Economics COMMENTARIES 19 through 36 of 36

Industrial Society Destroys Mind and Environment
Posted on Wednesday, August 17th, 2005 @ 00:29:57 MST (2492 views)
Emotion is what we experience during gaps in our thinking. If there are no gaps there is no emotion. Today people are thinking all the time and are mistaking thought (words/ language) for emotion. When society switches over from physical work (agriculture) to mental work (scientific/industrial/ financial/ fast visuals/ fast words ) the speed of thinking keeps on accelerating and the gaps between thinking go on decreasing. There comes a time when there are almost no gaps. People become incapable of experiencing/ tolerating gaps. Emotion ends.

Termination of the fossil-fuels society
Posted on Tuesday, August 16th, 2005 @ 23:14:29 MST (2500 views)
Based on today's intensifying trends, warning signs and an understanding of history, one must be ready to see the fossil-fueled phase come to an end most abruptly. When common practices cannot be maintained and too many people suddenly scurry for scant supplies, the desired resource dries up. This causes ramifications that quickly compound whatever triggered the crisis.

Past the Peak: How the small town of Willits plans to beat the coming energy crisis
Posted on Tuesday, August 16th, 2005 @ 23:13:40 MST (2768 views)
Put simply, peak oil theory states that we've already burned through half the oil that ever existed. Competition for what remains will turn increasingly vicious as the supply dwindles, as we are already witnessing with higher prices at the gas pump and the increasing number of casualties in the Middle East, where the world's largest remaining oil reserves are located. At the current rate of consumption, some experts estimate that the remaining supply will be exhausted by 2042.

Renewable Energy: Economic and Environmental Issues
Posted on Friday, August 12th, 2005 @ 01:07:43 MST (3039 views)
The United States faces serious energy shortages in the near future. High energy consumption and the ever-increasing US population will force residents to confront the critical problem of dwindling domestic fossil energy supplies. With only 4.7% of the world's population, the United States consumes approximately 25% of the total fossil fuel used each year throughout the world.

The Twilight Era of Petroleum
Posted on Friday, August 12th, 2005 @ 00:35:18 MST (2582 views)
Persistently high gasoline prices, unprecedented warnings from the Secretary of Energy and the major oil companies, China's brief pursuit of the American Unocal Corporation—suggest that we are just about to enter the Twilight Era of Petroleum, a time of chronic energy shortages and economic stagnation as well as recurring crisis and conflict.

The Era of Expensive Oil
Posted on Monday, July 18th, 2005 @ 01:39:04 MST (2585 views)
Three decisive factors are pushing the price of crude up permanently: the geological depletion of conventional oil (inexpensive to extract), the entry into a world of terrorism and of permanent wars for the control of oil, the strong increase in demand due to Asian growth and the maintenance of Western consumption. It's traders' anticipation of this last factor that heats up the price today.

The Land Lords: Some Facts
Posted on Friday, July 15th, 2005 @ 00:52:27 MST (2991 views)
Ten percent of the U.S. population owns 82 percent of the real estate (and 81 percent of the stock and 88 percent of the bonds).

The Super Rich Are Out of Sight
Posted on Friday, July 15th, 2005 @ 00:27:29 MST (15002 views)
The super rich, the less than 1 percent of the population who own the lion's share of the nation's wealth, go uncounted in most income distribution reports. Even those who purport to study the question regularly overlook the very wealthiest among us.

Battling Mainstream Economics
Posted on Thursday, July 14th, 2005 @ 01:43:53 MST (2119 views)
There is a widespread complacency toward a global financial crisis—in which private speculators wield more power than governments over central bank coffers—that may swerve into a crash far worse than the Dirty Thirties, jeopardizing pension and retirement savings funds. "I have difficulty in understanding why the dismantling or closing down of productive assets—hospitals and schools—could constitute the key to prosperity. But that is what is actually being conveyed. The official mainstream economic agenda is that you have to close down, downsize, lay off, and that is the key to prosperity."

Posted on Thursday, July 14th, 2005 @ 01:06:42 MST (3160 views)
So, what does the future hold? Well, for one thing, there will be an oil crisis very soon. Whether that means it has already begun or won’t happen until later in this decade or sometime in the next decade, I don’t know. In my view, the numbers are not dependable enough for us to say. Either we, our children, or perhaps our grandchildren, are in for some very, very bad times.

Ownership Statistics: Why a Shared Capitalism is Needed...
Posted on Saturday, July 09th, 2005 @ 22:32:21 MST (10429 views)
Current trends in economic inequality, both domestically and abroad, pose dangers to human dignity, democracy, political stability, fiscal sustainability, social justice, freedom, civil society, physical/mental health and environmental sustainability. These dangers are palpable, real and on the rise.

The Origins of Modern Banking
Posted on Saturday, July 09th, 2005 @ 16:41:56 MST (3934 views)
I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a money aristocracy that has set the government at defiance. The issuing power should be taken from banks, and restored to the people.

How does capitalism affect liberty?
Posted on Tuesday, July 05th, 2005 @ 23:09:30 MST (3942 views)
The enormous disparity of power and wealth between the capitalist class and the working class shows that the benefits of the "agreements" entered into between the two sides are far from equal. The proviso that is required to make every transaction strictly voluntary is not freedom not to enter any particular exchange, but freedom not to enter into any exchange at all.

Great Depression. George Bush vs Einstein on economic policy
Posted on Tuesday, July 05th, 2005 @ 23:06:37 MST (2219 views)
According to Einstein, the policies of Bush are likely to result in another Great Depression. Depressions are caused by the huge transfer of wealth to a tiny minority at the top of the pyramid, which as Einstein put it, causes 'instability' in the 'utilization of capital', which then results in 'increasingly severe depressions', with the severity of the depression correlated directly with the degree of income inequality that has developed in a society.

America Created It's Own Money In 1750
Posted on Saturday, June 11th, 2005 @ 16:13:42 MST (2283 views)
How Benjamin Franklin Made New England Prosperous.

The Class Wars
Posted on Friday, April 08th, 2005 @ 00:59:24 MST (2597 views)
My sense is that few people are aware of just how much the gap between the very rich and the rest has widened over a relatively short period of time. In fact, even bringing up the subject exposes you to charges of "class warfare", the "politics of envy" and so on. And very few people indeed are willing to talk about the profound effects -- economic, social and political -- of that widening gap.

The Invisible Hand (of the U.S. Government) in Financial Markets
Posted on Thursday, April 07th, 2005 @ 23:28:48 MST (4687 views)
Most people probably believe that the major capital markets in the U.S. are basically true markets with, occasionally, maybe very occasionally, a little bit of rigging here and there. But evidence shows that the opposite is the case—the rigging is fundamental with a little bit of true markets here and there

Fact sheet: The World Bank: In Whose Interest?
Posted on Monday, April 04th, 2005 @ 23:28:15 MST (2404 views)
This fact sheet gives a brief background on the World Bank, its funding, and structural adjustment and summarizes its impacts on a wide range of people.

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