money

Created
Tue, 23/04/2024 - 06:00

The Past & Present Reading Group is discussing, in the first half of 2024, Karl Marx’s Grundrisse. This work is often considered a crucial read to grasp Marx’s methods of analysis, with Marx diving off Hegel as one might a springboard. Yet our group has immediately plunged into deep swirling waters of postcapitalist debates over money.

The post Value Par Excellence: Money versus Real Values appeared first on Progress in Political Economy (PPE).

Created
Tue, 26/03/2024 - 07:38

I have this friend. A mountain of unexpected medical debt buried his family at the start of last year. At the same time, the closing of his business stuck him with six figures of personal debt. Liquidating a retirement account and maxing out credit cards bought him short-term breathing room. Mostly, though, it added interest […]

The post The Valley of Hidden Sorrows appeared first on Zeldman on Web and Interaction Design.

Created
Tue, 02/01/2024 - 10:37
by Dror Goldberg* Where and when did modern currency originate? My book Easy Money: American Puritans and the Invention of Modern Currency (University of Chicago Press, 2023) tackles this fascinating question. I discover and explain the origin of modern currency in 1690 in the English colony of Massachusetts Bay — an unimportant place, compared to […]
Created
Sun, 27/08/2023 - 06:16
by Jongchul Kim* In a given era, social scientists often share a common philosophical perspective, whether overtly or implicitly, despite studying different subjects. So what if the prevailing perspective among mainstream economists proves problematic, preventing them from providing a comprehensive understanding of the capitalist financial system?In modern Western philosophy, conventional economics is built upon two […]
Created
Fri, 04/08/2023 - 01:04
by Brian Czech

When the name “Putin” is uttered—from now until the end of human utterance—the first thing that should come to mind is hundreds of thousands (and counting) of dead and wounded. Putin has turned a verdant, peace-seeking country into a hell-scape of suffering, including starvation. Let’s not overlook the Ukrainian casualties, now or ever.

Now, Putin is taking an even deeper stride into the annals of infamy by orchestrating one of the most despicable episodes of wanton waste in history: his attack on Ukrainian grain stocks and infrastructure.

Created
Wed, 12/07/2023 - 11:03
The American Sociological Association solutes an eminent scholar and groundbreaking economic sociologist Viviana Zelizer with the W.E.B. Du Bois Career of Distinguished Scholarship Award, its highest honor, and the Distinguished Career Award for the Practice of Sociology, its second major honor. Presenting Professor Zelizer with the Association’s two most prestigious awards at the same year […]
Created
Fri, 09/06/2023 - 00:26
by Daniel Wortel-London

Inequality threatens people and planet alike. Billions struggle to make ends meet while a tiny minority grows fabulously wealthy. At the same time, the conspicuous consumption of the wealthy and the waste they generate takes an enormous environmental toll. The intertwining of social and environmental damage suggests that standard fixes for inequality are inadequate.

Herman Daly thought that waste from the wealthy could not be ended through redistributive taxation alone.

The post Limits to Wealth = Limits to Growth appeared first on Center for the Advancement of the Steady State Economy.

Created
Mon, 13/03/2023 - 06:26

By Ellen Brown / Original to ScheerPost On Friday, March 10, Silicon Valley Bank (SVB) collapsed and was taken over by federal regulators. SVB was the 16th largest bank in the country and its bankruptcy was the second largest in U.S. history, following Washington Mutual in 2008. Despite its size, SVB was not a “systemically […]

The post Ellen Brown: The Looming Quadrillion Dollar Derivatives Tsunami  appeared first on scheerpost.com.

Created
Thu, 12/01/2023 - 06:25


The Truth About Corporate Subsidies

Why won’t big American corporations do what’s right for America unless the government practically bribes them?

And why is the government so reluctant to regulate them?

Prior to the 1980’s, the U.S. government demanded that corporations act in the public interest.

For example, the Clean Air Act of 1970 stopped companies from polluting our air by regulating them.