Jesse's Café Américain

“Blood and power intoxicate; they help to develop callousness and debauchery. The mind then becomes capable of the most abnormal cruelty, which it regards pleasure; the man and the citizen are swallowed up in the tyrant; and the return to human dignity, repentance, moral resurrection, becomes almost impossible."
Fyodor Dostoevsky, The House of the Dead

Showing posts with label Productive Economy. Show all posts
Showing posts with label Productive Economy. Show all posts
13 May 2015

Stiglitz: Why Western Capitalism Has Been Failing Since 1980

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As I had written some time ago in the The Fall of the American Republic: The Quiet Coup : ...
10 September 2010

Soaring Corporate Profits As US Worker Pay for Productivity Hits Record Lows

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Two sets of charts tell the story. The problem is that when workers are pressed to the wall on pay they lose the ability to consume without...
17 October 2009

Charles Walters: New Wealth and the Productive Economy

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Here is an essay that explores the historical concept of "New Wealth" and what we call 'the productive economy.' For us, t...
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