wealth

It’s apparent that the income and wealth gap in the US (and the world) is large and only getting worse. Out of the last ten years of economic growth all of the increase in wealth has gone to the top 1%. These extremely wealth people have seen an 18 percent increase in their yearly income […]

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Attack of the Vampire Squid

by Joshua on December 11, 2010 · 6 comments

The newest video from the new economics foundation (nef), titled “The Vampire Squid” takes the title from commentary on our banking system by Matt Taibbi, writing in Rolling Stone back in 2008, referring to Goldman Sachs as “a great vampire squid, wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.” […]

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Misgivings On Giving

by Joshua on August 7, 2010 · 2 comments

Wednesday night I attended a nice little event for Yes! Magazine supporters and enjoyed many great conversations. One conversation in particular, with Jule Meyer Principal of Parkman Foundation Services, revolved around philanthropy and the great Giving Pledge campaign started by Bill and Melinda Gates. Now, I should preface what I’m going to talk about with this statement: I think […]

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Kevin Drum with Mother Jones has a great blog. However, I was surprised to read a recent response to a no-growth article – Kevin is apparently a growther, not willing to accept the fallacy that is continued economic expansion on a finite planet. What Kevin might not realize is that increasing the size of the macro-economy on […]

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Taxing The Bads

by Joshua on June 22, 2010 · 1 comment

Taxation is an interesting facet of our society. Economists view taxes as a disincentive in a free market, and rightly so. Taxes increase the price of a product or service, making it less desirable. Yet, when you think about what we tax in this country, it’s mostly things we desire more of – income, profits, sales, et cetera. […]

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Our money is loaned into existence and then must be paid back, plus interest. This interest can only come by earning (taking) money from other loans in the system, thereby installing inherit competition and scarcity in our society. Could you imagine a society in which we didn’t have to compete for a scarce amount of funds? […]

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The most recent issue of Mother Jones, a magazine that credits itself for “smart, fearless journalism,” tackles some serious issues. The cover get’s started with the question “Who’s to blame for the population crisis? (A) The Vatican, (B) Washington, or (C) You?” Inside you’ll find some even more interesting stuff, including a 6 page article […]

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I might be amongst a rare few who believe that the real worth of a person is based outside of material possessions and economic status. Perhaps our society is right to place value in material wealth and pull away from centuries of teachings valuing integrity, ethics, and community (see valuing what matters). There is strong argument that this […]

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