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Economics

This category contains 23 posts

Bringing Back the Palestinian Pound

The idea of a Palestinian currency is a powerful symbol, but like the two-state solution is a shell game that only defers further Palestinian suffering.

Econ Dogma 4: Government

The solution to corruption in government is not to privatize the public sector, but to actively pursue our rights to be represented

The Ultimate Weapon

Beneath this mask there is more than flesh. Beneath this mask there is an idea… and ideas are bulletproof.

Econ Dogma 3: Unemployment

This is the only economic indicator that is measured in the antonym form. We don’t measure uninterest rates, unprofits, unrevenues, uncosts, unGDP, unCPI, etc. But we look at unemployment rates…

Econ Dogma 2: Hard Work

In economics textbooks, for example, the worker who puts maximum effort is referred to as the “ethical” worker, and the one who puts minimum effort (just short of getting fired) is referred to as the “unethical” worker. You have to appreciate the carefully crafted language of indoctrination here. For what is maximum effort but working 80 hours a week in a sweatshop in Asia?

Econ Dogma 1: Credit Cards

This is part 1 of the series “Econ Dogma.” In each part, an economic concept that has been injected into the conventional realm as “fact” shall be challenged.

Why Democratic Socialism is the Answer (2)

There is nothing wrong with the profit motive in and of itself. We usually do something to gain something, and money is just a unit of exchange for the something we want to gain.

Why Democratic Socialism is the Answer (1)

Government or Corporation? Who is more reliable, effective, trustworthy, and efficient to run our industries?

Message From Wisconsin State Capitol

Greetings from the Wisconsin State Capitol!

Sham, Mouli, his friend Jordon, and I are at the Capitol – doors now locked as they plan for the first time in 2 weeks to clear us out. We have slept here several nites. A village has formed and it has been beautiful witnessing teachers, all kinds of union workers, families, off duty Madison police (banned from Capitol on duty), students, musicians, artists, activists, non-union people, journalists, anti-war veterans, you name it! Pizza delvered through the window last nite to feed the protestors (search storiez on Ian’s Pizza!). Amazing discipline throughout the protest. A real moment in history inspired by frustration over the increasing disregard of working and middle class people everywhere. Gov Walker not budging so far but my sense is his days are numbered. Building so far is not being cleared. Some talk of possible arrests but we know the police is on our side. Only time will tell…

Love to you all,
Christa

Democracy Without Economic Independence is Worthless

The Egyptian military, with US green light, got rid of Mubarak for precisely the same reason they sent the police and thugs that killed over 300 and injured thousands last week — to allow for the economy to run again.

In other words, the disposing of Mubarak is just another solution, as undesirable as it may be, to re-open banks and have business run as usual.

Factories, banks, real state, and other businesses are still owned by the same corrupt leaders, with the fate of the Mubarak family stock still unknown.

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