Posts tagged with economy

Reccomendations on Books on Politics, the economy or philosophy.

lovethywords:

Please and thank you!


Politics: The Reactionary Mind by Corey Robin
Economy: The Price of Civilization by Jeffrey Sachs
Philosophy: Declaration (by Michael Hardt) (Political Philosophy)

9 notes

amprog:

The rich in America have it made. As they’ve been making more and more money over the last ten years, they’ve paid less and less effective tax rates.
(Source: washingtonpost.com)

Interesting to note that the reverse, where the top 1 percent started to make more than the bottom 90, began in the 80s. Reagan, and the greater Right, started to blame the ills of our economy on the gov and all went downhill - all of the economic benefits (due to policy, deregulation, etc.) started to only go to the rich. This is when, paraded by the Reagan admin., this new shift of thinking (and policy) started blossoming - blame the gov, hold the poor in contempt, and open the way for big business to rule themselves. (We all know how that has played out.) This chart is super interesting. We have all of the data that we need - we know the problems (extractionism vs capitalism, rigged and corrupt tax and trade policies, unpatriotic multinational corporations, misleading discourse, banks that are too big that have no capital requirements, etc.) now all we have to do is have honest discourse about these problems, and force politicians to actually work on behalf of all Americans, and especially, those downtrodden. Edit: The subsequent admins (Clinton, Bush Jr., and Obama) have ALL helped maintain this, and now we are finally seeing, feeling, and discussing, the consequences of a bought congress. 

amprog:

The rich in America have it made. As they’ve been making more and more money over the last ten years, they’ve paid less and less effective tax rates.

(Source: washingtonpost.com)

Interesting to note that the reverse, where the top 1 percent started to make more than the bottom 90, began in the 80s. Reagan, and the greater Right, started to blame the ills of our economy on the gov and all went downhill - all of the economic benefits (due to policy, deregulation, etc.) started to only go to the rich. This is when, paraded by the Reagan admin., this new shift of thinking (and policy) started blossoming - blame the gov, hold the poor in contempt, and open the way for big business to rule themselves. (We all know how that has played out.)

This chart is super interesting. We have all of the data that we need - we know the problems (extractionism vs capitalism, rigged and corrupt tax and trade policies, unpatriotic multinational corporations, misleading discourse, banks that are too big that have no capital requirements, etc.) now all we have to do is have honest discourse about these problems, and force politicians to actually work on behalf of all Americans, and especially, those downtrodden.

Edit: The subsequent admins (Clinton, Bush Jr., and Obama) have ALL helped maintain this, and now we are finally seeing, feeling, and discussing, the consequences of a bought congress. 

130 notes

I wish…

I received a pay raise of 23% like the avg CEO did in 2010.
Although 23% raise on my wage would be what…about $2.20.

Ha.

1 note

How Oil Wealth Shapes Nations: the “Oil Curse”

Michael Ross, author of “The Oil Curse”, and UCLA prof discusses this topic on the Dylan Ratigan show.

Collusion: FTC

When the Federal Trade Commission is staffed with corporate lawyers, lobbyists, and the like, do you really expect is to function on behalf of us consumers?

A little “fun fact” - Jodie Bernstein, the head of the FTC’s consumer protection division in the Clinton administration, became an Amway lobbyist, fighting proposed regulations that would have required Multi-level marketing companies to disclose information to potential distributors. [source]

One more, since these are so much fun:

Amway contributed $500,000 to the National Organization for Marriage, a political organization which opposes legalization of same-sex marriage. [source.]

1 note

The two main political parties are not showing a way out of the crisis. Even when the fights between them are vicious - they actually hew to a fairly narrow range of policies, and not ones that are solving America’s problems. We are paralyzed, but not mainly by disagreements between the two parties, as is commonly supposed. We are paralyzed, rather, by a shared lack of serious attention to our future. We increasingly drift between elections without serious resolution of a long list of deep problems, whether it’s the gargantuan budget deficit, wars, health care, education, energy policy, immigration reform, campaign finance reform, and much more. Each election is an occasion to promise to reverse whatever small steps the preceding government has taken.
Jeffrey D. Sachs - The Price of Civilization

1 note

TED - Paul Gilding: the Earth is Full.

Watch.

5 notes

robertreich:

The silence is deafening. While the rest of the nation is heading back toward a double dip, Washington continues to obsess about future budget deficits. Why?

Republicans don’t want to do anything about jobs and wages. They’re so intent on unseating Obama they’d like the economy to remain in…

Reich knows his shit. Read this.

149 notes