Journalists and political partisans have expressed the mistaken presumption that government is a “balancing force” against the excess powers of corporations. This video explains that most excess power of corporations is provided and granted by government and that government seeks partnership with corporations and shares in the profits. […]
The effects of the wealth gap in the US are really starting to show. While the US is near the top among nations in terms of per capita income, the US has dropped to around number 35 in terms of the percentage of the population living below the […]
By Marian L. Tupy Foundation for Economic Education ub-Saharan Africa consists of 46 countries and covers an area of 9.4 million square miles. One out of seven people on earth live in Africa, and the continent’s share of the world’s population is bound to increase because Africa’s fertility […]
By Caleb Maupin Mint Press WASHINGTON — (ANALYSIS) The political and economic crisis facing Venezuela is being endlessly pointed to as proof of the superiority of the free market. Images and portrayals of Venezuelans rioting in the streets over high food costs, empty grocery stores, medicine shortages, and […]
Todd Lewis joined by Keith Preston (classical anarchism), Sean Gabb (classical liberalism), and Will Schnack (geo-mutualism) to discuss economics.
Arizona Governor Doug Ducey Greenlights House Bill 2014, Removing Income Tax from Certain Precious Metals at the State Level Phoenix, Arizona (May 23rd, 2017) – Sound money advocates rejoiced today as House Bill 2014 became the law in Arizona. HB 2014, which passed in the Arizona state Senate […]
By Jp Cortez Phoenix, Arizona (May 10th, 2017) – Sound money advocates scored a major victory today when the Arizona state senate voted 16-13 to remove all income taxation of precious metals at the state level. The measure heads to Governor Doug Ducey, who is expected to sign […]
By Will Schnack Evolution of Consent Ideologies and philosophies that go by the title “anarchism” are wide-ranging in their span. These include mutualists, individualists, collectivists, communists, capitalists, nationalists, primitivists, futurists, and more. It has become something of a common trend for people to come up with the next […]
By Paul Craig Roberts Counterpunch I have come to the conclusion that capitalism is successful primarily because it can impose the majority of the costs associated with its economic activities on outside parties and on the environment. In other words, capitalists make profits because their costs are externalized […]
By Jp Cortez In a newsletter published in 1970, economist Murray Rothbard wrote, “It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a ‘dismal science.’ But it is totally irresponsible to have a loud […]
The centralized state apparatus maintains and enforces anti-union laws because without them, the centralized state apparatus would not exist. It is illegal for workers from one workplace to cease production in solidarity with workers from another workplace. An unified labor strike cannot be allowed to happen over […]
From March last year: Ann Sterzinger’s libertarian solution to the Islamist problem. The welfare state is a gravy train for ISIS. If the welfare state doesn’t end in Europe, the welfare state will end Europe. And future historians will look back on the way the West ended and […]
By Jp Cortez Financially prudent individuals set aside surplus funds to protect against unforeseen expenditures. This way, when faced with loss of income, house repairs, car trouble, or anything else, they will have a buffer against unanticipated downturns. In the same vein, almost every state in the United […]
Greek farmers armed with shepherd’s crooks and stones fought riot police in a violent protest against tax hikes outside the Ministry of Agriculture in Athens.
By: Jp Cortez The Dunning-Kruger effect is the idea that low-ability people tend to suffer from illusory superiority. The phenomenon, first studied by David Dunning and Justin Kruger, says that people who know the least tend to overvalue their own competence, and tend to believe that they are experiencing some […]
Listen to the Podcast Audio: Click Here Precious metals markets can certainly be volatile from week to week, but over time they are a more reliable store of value than Federal Reserve Notes. Gold and silver remain the world’s most enduring and most widely recognized form of money. […]
By Clint Siegner, Money Metals Exchange Inflation is the most pernicious of taxes levied by our government. Officials systematically devalue the Federal Reserve Note “dollar,” then levy capital gains taxes on assets when their dollar price rises. The “gains” are largely illusory. Rising asset prices over time reflect […]
By Jp Cortez The Framers of our nation established that gold and silver are money, but federal taxing authorities in recent decades have required taxpayers to pay taxes on this form of money when its exchange for Federal Reserve Notes results in nominal capital “gains.” But that problem […]
By Will Schnack Evolution of Consent This was composed for a speech given to the East Texas Freethinkers on February 18th, 2017 in Tyler, Texas. ____________________________________ Mutualism is an anarchist social philosophy first established in print by Pierre-Joseph Proudhon. While often considered to be the father of mutualism […]
To understand the world of politics and change it for the better, it’s paramount that people begin to study political theory and the ways in which it has manifest throughout history up into the present day. By bringing light to the origins of political and philosophical thought, the […]
By J P Cortez In 1850, French economist Frédéric Bastiat published an essay that is misunderstood, or more often, unread, titled, “That Which is Seen, and That Which is Not Seen.” Bastiat brilliantly introduced the idea of opportunity cost and, through the parable of the broken window, illustrated […]
By Stefan Gleason Sound money principles can serve to help grow the economy and restrain government. The political class, however, doesn’t particularly want to restrain itself. Washington, D.C. is addicted to the easy money policies that have enabled $20 trillion in national debt accumulation and tens of trillions […]
An interesting interview with leftist anti-fascist Matthew Lyons who argues that Trump may represent a ruling class faction that seeks a new direction beyond neoliberalism. Listen here. With #DisruptJ20 actions taking place in only a few days, many are wondering both what far-Right forces will do in response […]
Todd Lewis vs. Brent Lengel. One of the best debates I have ever heard between a left-anarchists and a non-anarchist.
PressTV. Listen here. Incoming US President Donald Trump will only use his opposition to the “one China” policy as a bargaining chip in trade talks with China and to the extent that would not disrupt relations with Beijing, says a political commentator. Trump, who will officially take […]
By Colette Gaiter The Conversation In the 2016 presidential election, Donald Trump won the white vote across all demographics except for college-educated white women. He did especially well among working class white voters: 67 percent of whites without a college degree voted for him. Some post-election analysis marveled […]
An interesting discussion of this question between Matt Zwolinski (pro) and Tom Woods (con). Listen here. Some voices in the libertarian world have argued that a basic income guarantee for everyone would be better than the current welfare state from a pragmatic point of view. Matt Zwolinski adds […]
An interesting discussion of modern economic history that socialists and libertarians alike should be able to appreciate. By Jeffrey Harrod Philosophers for Change Write about my vision of a “post-capitalist world,” I was requested. But I find this difficult. Difficult because I believe we are already in, or […]
I’d say this article is hysterical leftist paranoia. Neoliberalism and cultural leftism are friends, not enemies. The inequality of wealth that we see rising is similar to what happened during the industrial revolution when the rise of the liberal bourgeoisie paralleled the growth the proletarian class. It’s amazing […]
Listen here. Robert Stark and co-host Pilleater, Bay Area Guy, and Rabbit talk to alt-left YouTuber Prince of Queens about Alt-left philosophy and economic issues. Topics: Prince of Queens’ discovery of the Alt-left The “Milo of the Alt Left?” Prince of […]
A must watch for anyone that wants to understand the state of contemporary Western politics and economics. Mark Blyth, who accurately predicted Brexit and Trump explains in clear language how globalization and capitalism are failing people throughout the world and why that means more Brexits and Trumps are […]
By Chris Shaw Gramsci rightly identifies that in the modern political environment, simply recognising actors as either public or private, in the realm of states or markets respectively, is problematic. Unfortunately the crux of international political economy has accepted this modernist doctrine, tacitly deifying the rationalist discourses of […]
By Stefan Gleason President-elect Donald Trump will soon have the opportunity to put his stamp on the Federal Reserve. And that is making the elite body of central bankers nervous. On the campaign trail, Trump harangued Fed chair Janet Yellen for pumping up financial markets with cheap money […]
Jp Cortez I grew up a block away from the 7-train, where I’d take a short ride from the 90th Street station to the Willets Point—Shea Stadium station to watch my favorite team, the New York Mets. Sitting in the stands as a young child, I learned quickly […]
By Guy Christopher, Originally Published on Money Metals Exchange Who could possibly have predicted the astounding results of the November 8th presidential election? A lot of folks, it turns out. Better than 60 million at last count. But that doesn’t include highly paid, and obviously over-paid, pollsters. And […]
By J P Cortez October 30, 2016 marks an important holiday in the Indian culture. Diwali begins. Diwali is one of the biggest festivals for Hindus, Sikhs, and Jains. It is a lavish celebration of the victory of light over darkness. Diwali celebrations entail gleaming candles, luxurious works […]
A must read for anyone that wants to understand present days economics and politics. The article, appearing in a leading liberal journal, acknowledges what I have been saying for years, i.e. that what passes for the “Left” in today’s world is simply the left-wing of capitalism allied with […]
Press TV. Listen here. Democratic and Republican nominees at the US 2016 presidential election are both “right” when they accuse one another of “corruption,” an analyst says. Keith Preston, the chief editor and director at AttacktheSystem.com, made the comments in an interview with Press TV, when asked about […]
On September 9th, 24,000 inmates across the United States launched what they say is the largest prison strike in the nation’s history. VICE News spoke to Bennu Hannibal, a lead organizer in the protest against poor living conditions and forced labor. Hannibal is currently in solitary confinement and […]
By J. P. Cortez Assuming you had the money, would you loan $10,000 to be paid back over 30 years plus 3% interest? What if inflation skyrocketed? That would benefit the borrower and deeply harm you as the lender. Even if you were repaid, the declining value of […]
A must read explanation of the contemporary world economic order. This article fits well with my presentation at the National Policy Institute last year. The only real criticism I would have of that article is the author could gain a bit by studying the work of contemporary anarchist, […]
By Tim Bryant The Last Vagabond Listen here o most people, the left and right of the political spectrum are polar opposites, which cannot be linked together due to ideological beliefs that are incompatible. On the surface, this seems to be the case, as political divisions are divergent […]
By Guy Christopher, Originally Published on Money Metals Exchange Do young Americans today know anything about economics? No, they don’t, according to a study during the 2016 presidential primary season, which says lots of other Americans don’t either. The survey found 58% of millennials favor government-run socialism (statistically […]
In honor of the September 9, 1971 Attica prisoner uprising, a nationally coordinated prisoner work stoppage has begun today. Reports say that a full work stoppage has occurred at Holman prison in Alabama. Chelsea Manning has also begun a hunger strike. Other strikes and actions have been reported […]
A must read for anyone that wants to understand present day political, cultural, and class conflict. By Daniel McCarthy The American Conservative Michael Hogue Shock gave way to relief this summer as America’s political establishment—rattled by Donald Trump’s success in winning the Republican nomination—reassured itself of his inevitable […]
By Sheldon Richmond Reason In 1970 country singer Lynn Anderson had a hit recording of a Joe South song that opened with the line: “I beg your pardon. I never promised you a rose garden.” I often think of that song in connection with the libertarian philosophy. You […]
By J. P. Cortez Imagine if you asked a grocery clerk to break a $5 bill, and he charged you a 35 cent tax. Silly, right? After all, you were only exchanging one form of money for another. But try walking to a local precious metals dealer in […]
By J. P. Cortez A major national precious metals dealer announced today the creation of the first gold-backed scholarship fund to support outstanding students who understand that gold is money and can articulate the failures of the inflation-creating Federal Reserve System. Money Metals Exchange, a national precious metals […]
Nemesis: The Last Days of the American Republic by Chalmers Johnson
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