Archive | Economy RSS feed for this section

Chicago: Not Quite Detroit — Yet

Rahm Emanuel is a multimillionaire investment banker and the Mayor of Chicago, Illinois. “Mayor 1%” is indeed a man by, for and of the privileged elite. Emanuel is attempting to bring to fruition the dream of Ronald Reagan. Together they show that irrelevant of partisanship, politicians work towards the same end. The dream is encapsulated […]

Read More 0 Comments

Meritocracy: A Closer Look: Part III

100% Inheritance Tax — after one million How it works: When someone dies, the state will be left with the inheritance of people who have assets worth more than one million dollars. It’s a tax that will affect only the rich. The dead do not need cash, housing or anything. Without this rate, we will […]

Read More 0 Comments

Rich Kids: Don’t Envy Them — Pity Them

When I was at boarding school, those years of my life were filled with both the sweet first tastes of freedom and the bitter first tastes of how unfair the world could be. As with most schools there exist distinct “cliques”, or groups of students who naturally gravitated towards each other due to some unseen […]

Read More 2 Comments

Allowing Inheritance: A Loathe Story

Why is inheritance allowed to be passed down from generation to generation? Isn’t it to prove 
who is the most loving and successful guardian by securing a better future than others can? 
Let’s slice through that pie of materialistic bull dung — but just to get a whiff for what it is, and we’ll stop […]

Read More 2 Comments

1776 – 2012 Part II: Capitalism, Communism, and a Crock

Free-market capitalism is well known for its innate problems: total freedom in economy (the slaves are free to drudge), zero regulation (except during a recession, when those capitalists themselves are in trouble), extreme inequality, and profit-oriented, commodity-based, abolition of public property. In 1989, the Berlin Wall fell. Savants everywhere claimed that it signified the end […]

Read More 1 Comment

1776 – 2012 Part I: Revolutions and Economics

1776: Boom! The American Revolution. The United States of America was established with the Declaration of Independence. At that time, America was no longer a part of the British Empire. This was the first time in history that humanity got a glimpse of a new type of society in which human nature could be born […]

Read More 0 Comments

Wall Street: Robin Hood a No-Show—Part II

In Part I, we explored the failure of a petition set by a concerned anonymous citizen, to be saluted for his endeavor, regardless of its failure. Noting that roughly 11,000 American citizens signed the petition, there appears to be at least a growing concern, and conscientiousness for the future of the country. However feeble the […]

Read More 0 Comments

Wall Street: Robin Hood a No-Show — Part I

“We Petition the Obama Administration to Demand a Wall Street Sales Tax: Dear President Obama, The fiscal problems of the United States are largely due to the fact that Wall Street pays no taxes. While working families pay on average 7% in sales tax for the necessities of life, Wall Street speculators pay no tax […]

Read More 0 Comments

Meritocracy: A Closer Look: Part II

Economic warfare The first thing you should know is that economic war kills more than does conventional warfare. It is estimated that each year about 17 to 20 million people die of starvation, mostly children. Have you ever wondered why African and Latin American countries with large mineral resources, from diamonds and other gems, to […]

Read More 1 Comment

Meritocracy: A Closer Look: Part I

Explanation of the current state of the world “The world is controlled by a global elite of approximately 6,000 persons. 94% are male, and their average age is 60 years old. 2% of the world population controls about 50% of global wealth.” “1,100 billionaires have twice the wealth of 2.5 billion people. The 50 largest […]

Read More 0 Comments
Visit Our Facebook PageVisit Our Facebook Page