Seems a very radical idea, and in fact it is. But the growing problem of income inequality combined with what seems to be the inexorable advance of technology seems to demand it. If we don’t have a Universal Basic Income there is likely to be social chaos as the wealthy fall prey to hordes of desperate unemployed people….https://goo.gl/qKtgmA
I am no fan of Capitalism but this guy does make sense……
The article asserts that Libertarianism is not compatible with the teachings of Christ. I agree and I would also say that it is at odds with Mohammad, Buddha and most other religions as well…..
Brazilian prison incentivizes prisoners to provide pedal-powered energy | Prisoners volunteer to ride stationary bikes to power generators that charge batteries…..
Excellent idea ! They get good exercise which benefits their physical and mental health while performing a useful task.
The dark side: greedy capitalists devise plans to incarcerate massive numbers of people for slave labor….
Is Banking Bad? – NYTimes.com | Good article to bring some balance to the current outcry against banks and capitalism. I tend to lean to the left but “moderation in all things” is not a bad idea to follow…..
Take 2: What's the Value of a High School Education? | Mother Jones | If we relied on the free market to get people educated, we would have far fewer educated people resulting in a net loss for society as a whole ! So much for the free market !
Fuck Your Prayer, Show Me Solidarity < Killing the Buddha | Some strong comments on our bleak state of affairs…..
Why Americans Spend Too Much : NPR | Aggressive marketing of credit cards plus home equity loans equals the mess we have today….
The growing tension between capitalism and democracy – The Washington Post | The future looks bleak if the corporations are not brought to heel…..
I found the link on Jim Philips – Google+
I was watching CNN in the office break room this morning; they were talking about how numerous large corporations are sitting on large amounts of cash. They refuse to invest it in new ventures or expansion which would benefit the employment outlook and the economy as a whole. No, they just sit on it ! In some cases they actually have to pay the bank to keep it for them rather than getting paid interest ! Continue reading
I was shopping in Walmart today and bought a nice little batch of groceries for under $100.00. I was pleasantly surprised because I thought it would be more; I like low prices…..
A while back I started reading a book Cheap: The High Cost of Discount Culture [Kindle Edition]. I Have not finished it but the premise of the book is that low prices cause a general deterioration of the econmy and the culture in general. I can see there is a lot of truth in that idea but I still like low prices….
Economists dread deflation more than anything else; my understanding from reading and talk shows. But for me with limited cash and a plethora of bills; cheap is good !
Found this book whilst prowling the web; looks interesting Rediscovering values – on Wall Street, Main Street, and your street : a moral compass for the new economy – Google eBookstore
This is a good idea; if I did this it would save on septic system maintenance too….
A fascinating article. Made me think of the Tower of Babel story in the Bible. The vast wealth and technology of the high and mighty will be eclipsed; collapsing under it’s own weight. Jesus said that the meek shall inherit the earth not the high and mighty or fat and happy…
I have used credit cards for emergencies; probably most people do it or have done it. This article tells why one should not use plastic for an emergency fund, rather one needs to establish a real fund thru regular saving.