Capitalism

The Great Reset, Part III: Capitalism With Chinese Characteristics

Authored by Michael Rectenwald via The Mises Institute, Read Part I: Reduced Expectations And Bio-Techno-Feudalism here… Read Part II: Corporate Socialism here… The title of this essay represents a play on the Chinese Communist Party’s description of its economy. Several decades ago, when China’s growing reliance on the for-profit sectors of its economy could no…

The Great Reset, Part III: Capitalism with “Chinese Characteristics”

By Michael Rectenwald The title of this essay represents a play on the Chinese Communist Party’s description of its economy. Several decades ago, when China’s growing reliance on the for-profit sectors of its economy could no longer be credibly denied by the CCP, its leadership approved the slogan “socialism with Chinese characteristics” to describe the…

The New Derivatives Market In California Water: Disaster Natural Resources Capitalism At Work

Authored by Bill Hatch via Counterpunch.org, I attended a rain dance 40 years ago in the Southwest. At the end of the 6-hour ceremony, it rained. My final memory of the event was a small, elderly lady chasing an immense clown, who had ritually molested her in the ceremony, beating him about the head and…

“I Want To Build A World Where Someone Like Me Is Impossible” – Meet The Trust Fund Brats Trying To Destroy Capitalism

Roughly 18 months have passed since New York Magazine published a cover story declaring that, in the age of President Trump, all the new “it” kids in Brooklyn (we use the term “kids” loosely; most are well into their 30s) are avowed socialists. As the reporter explains, the new generation of Brooklyn cool kids have…