Tag: Capitalism
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Corporate Welfare.1: Blackwater’s Warfare Welfare
(This is the first in a new series of posts about how corporations that claim to generate profit in the private sector are heavily subsidized by taxpayers in ways that I could only wish fields like education and healthcare were. For an overview on that, see “Free Lunch: How the Richest Americans Enrich Themselves at…
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Secrets of the Temple.2: Double Dutch
(This is a follow up to the post Secrets of the Temple.1: More Than a Doorstop, dated 1/13/13.) As I wrote in my first post on William Greider’s history of the Federal Reserve board, one of the aims of “Secrets of the Temple” is to question whether Ronald Reagan really was the primary source of…
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The Interpretation of Dreams
I don’t usually watch the Olympics much. Not because I don’t enjoy the events, but because NBC usually feels compelled to shovel forklifts of “human interest” stories down your throat with brief breaks taken for cursory athletic performances. So I wasn’t surprised when I checked in on the Olympics briefly this summer and didn’t see…
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Debt.4: What’s good for General Motors and what’s good for America
Sometimes the mark of a good book is how it crops back up in your mind a few months or years or even many years after you first read it. I wrote 3 posts about the book Debt by David Graeber back in February & March. There have been several occasions since then when the…
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To the victor go the spoils…
The record producer Joe Boyd visited a studio in a former eastern block country shortly after the fall of the Berlin Wall. The engineers there proudly showed off what they thought was a state of the art newly acquired reverb unit they had acquired from some western engineers who visited their studio. When Boyd asked…