Tag: capitalism

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Inflation, growth, unemployment, balanced budgets are weaponized to enforce market dependency

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Amid financial crisis, pandemic and war, Capitalism seems invincible. Professor of Economics at the University of Tulsa, Clara E Mattei illustrates its fragility and restores hope that everything could be different Yanis Varoufakis. Economics is sold as pure and apolitical: scientific, neutral, exact. This book reveals the true role: to convince us there’s no alternative to capitalism. Mattei rips the mask off our economic system, and unpacks key concepts like growth, inflation, unemployment and balanced budgets to show how they’re weaponized to enforce market dependence, not freedom, stripping us of the power to shape the democratic decisions that govern our … Continue reading Inflation, growth, unemployment, balanced budgets are weaponized to enforce market dependency

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How to restore the UK economy, drive prosperity to elevate living standards

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Prosperity Through Growth by the US economist Dr Arthur B Laffer, inventor of Laffer Curve (his eponymous curve); policy campaigner  Matthew Elliott, businessman and former chief executive of Vote Leave campaign, Michael Hintze a high profile asset manager, and founder of the Centre for Economics and Business Research, Douglas McWilliams, although is a would-be Conservative idea for growth, who has no answer to the populist right, but the philosophy is a collection of old ideas, similar to what Keith Joseph suggested for Margaret Thatcher in the 1970s. Their policy begins by setting out principles of ideal economic policy- the “North Star” … Continue reading How to restore the UK economy, drive prosperity to elevate living standards

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Accidental billionaire

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Yvon Chouinard, founder of Patagonia, one of the most extraordinary brands in the corporate world, the rare company that is driven by environmental activism instead of cutthroat capitalism. Patagonia founded in 1973, a US clothing company trailing associations of rugged outdoor pursuits, posting sales of more than $1billion a year. Chouinard distrustful of capitalism, even as he engaged in it, investment bankers co-opted the garments into their uniforms, sometime wearing under their suit jackets or blazers. The company has distinguished itself as a singular beacon for socially responsible business, the rare company that can legitimately claim to be doing its … Continue reading Accidental billionaire

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Capitalism’s permanent revolution

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We are faced with fundamental questions about the sustainability and morality of the economic system, Capitalism and its Critics provides a kaleidoscopic history of global capitalism, from colonialism and the Industrial Revolution to the ecological and artificial intelligence. British-American staff writer and economic journalist at the New Yorker, John Cassidy author of Dot.con, which examined the dotcom bubble of the late 1990s, and How Markets Fail, which illuminates the origins of the great financial crisis of 2007-08. Cassidy starts with the colonial monopoly capitalism of the East India Company, as seen through the critical eyes of William Bolts, a disgruntled … Continue reading Capitalism’s permanent revolution