Economics/Class Relations

How Financialization Killed GE

This is a pretty good illustration of how industrial/managerial capitalism has undergone the transition to financial/digital capitalism.

Benjamin Tucker demonstrated over century ago how to go about attacking all of this. Attack patent, copyright, and intellectual property law. Attack the currency monopoly and the centralization of control over currency.  Meanwhile, attack homelessness by attacking land monopolies, zoning laws, housing regulation, urban planning, and the prohibition of squatting. I do wonder if Tucker would have a different perspective on tariffs in the era of outsourcing, although outsourcing would be obsolete in a cooperative economy.

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