Category Archives: Economics/Class Relations
Bernie, Yang don't seem so crazy now huh! Reply
Don't Expect Millions To Die From Coronavirus, Says Richard Epstein Reply
Bailouts show "how will you pay for it" is a con Reply
Billionaires try to stave off populist uprising Reply
This Is THE END of Immigration And Globalization As We Know It, Trump And The EU Shutter Borders Reply
Tim is overstating his case here. Coronavirus will no more end globalization than the Spanish flu halted the progression toward the managerial state.
Progressives SHOCKED That Trump Supports Their Aid Package Idea And Democrats Oppose Them Reply
On the political spectrum, populism is to the left of neoliberalism, and social democracy is to the left of populism, which makes the Democratic establishment the “new conservatives,” with the Trumpians being to the left of them, and the Bernie, etc. progressives/social democrats being to the left of Trump.
The Spanish Flu Meets the Great Depression? Reply
Krystal Ball thinks so.
Saagar Enjeti: The largest populist uprising in HISTORY is coming Reply
Democrats And Republicans AGREE To Give Americans over $1,000 And Postpone Tax Deadline Reply
Saagar Enjeti: Pelosi, Biden, Kamala BETRAY workers while GOP fills in the gaps Reply
For decades, I have thought that as the Republicans’ demographic base continues to shrink, and as the WASP working to middle classes continued to decline socioeconomically, that the GOP would reinvent itself (at least rhetorically) as a right-wing populist party (which would mean moving to the left of neoliberals on economic issues and becoming more like France’s National Front, for example). I have also predicted that neoliberal Democrats would essentially become the ruling class party, and face an insurgency from the left as well. We’ve already gotten a taste of that, of course, but the coronavirus crisis seems to be dramatically escalating the process. The Republicans have now shifted to the left of the DNC/neoliberals on class issues. Biden, Pelosi, etc. are the “new conservatives.”
See Andrew Yang’s reaction to plan to send Americans checks Reply
Trump Adopts Andrew Yang’s UBI??? Might Give Every American $1000 To Get Through Crisis 1
Tulsi Gabbard details UBI plan for crisis Reply
Washington State Politicians Drop Cynical Attempt to Impose New Taxes on Gold & Silver Reply
By JP Cortez
Sound Money Defense League
Well, here’s some encouraging news.
Efforts in Washington State to impose sales tax on gold and silver were SHUT DOWN today thanks to intense efforts by the Sound Money Defense League, a group of in-state coin dealers led by Dan Duncan, and a large number of vocal grassroots supporters.
Here’s the backstory…
Last month, a few misguided Washington State representatives introduced a measure to ban high capacity firearm magazines and establish a buyback program. These legislators planned to fund their unconstitutional gun policies with a new tax on constitutional money.
Their cynical efforts stalled out after hearing testimony from members of national policy groups, such as the Sound Money Defense League, and in-state dealers and industry members.
Maintaining current law and not levying sales taxation on gold and silver coins and bullion reaffirms their status as money in Washington State, in keeping with Article 1, Section 10 of the U.S. Constitution.
Tulsi Gabbard slams DNC for failure to recognize her in 2020 race 3
Bless her heart. She tried.
The New Class and the Managerial Revolution Reply
What happens when you apply a Marxist ideology critique to Marxism itself? You learn a lot about the blind spots in Marxism and it turns out to reveal important insights for a realist political science of the contemporary world. Michael McConkey discusses the theory of a new intellectual/manager class, as explored in the work of James Burnham and Alvin Gouldner. The theory provides a fresh perspective on some of today’s salient events.
How to Successfully build a 3rd Party 1
What a lame joke this electoral season is turning out to be (as if any other outcome were possible). We don’t need a “third party.” We’ve got plenty of them already (Libertarians, Greens, etc). Pan-anarchism IS the third party.
Noam Chomsky: Requiem for the American Dream Reply
America’s Great Divide: Steve Bannon Reply
“Political Anarchy” Is How the West Got Rich Reply
By Ryan McMaken
Mises Institute
It is not uncommon to encounter political theorists and pundits who insist that political centralization is a boon to economic growth. In both cases, it is claimed the presence of a unifying central regime—whether in Brussels or in Washington, DC, for example—is essential in ensuring the efficient and free flow of goods throughout a large jurisdiction. This, we are told, will greatly accelerate economic growth.
In many ways, the model is the United States, inside of which there are virtually no barriers to trade or migration at all between member states. In the EU, barriers have been falling rapidly in recent decades.
The historical evidence, however, suggests that political unity is not actually a catalyst to economic growth or innovation over the long term. In fact, the European experience suggests that the opposite is true.
Why Did Europe Surpass China in Wealth and Growth?
A thousand years ago, a visitor from another planet might have easily overlooked European civilization as a poor backwater. Instead, China and the Islamic world may have looked far more likely to be the world leaders in wealth and innovation indefinitely.
Why is it, then, that Europe became the wealthiest and most technologically advanced civilization in the world?
The Coming Global Debt Crisis? Reply
By William S. Lind
Traditional Right
A spectre is haunting the world, the spectre of a world-wide debt crisis. Could the coronavirus epidemic in China be the trigger?
World debt levels, both public and private, have reached undreamed heights. The United States is now running deficits of a trillion dollars a year. Other countries have higher deficits proportional to the size of their economies. Private individuals here and elsewhere find they can only maintain a middle class standard of living by taking on ever more debt. Where does it end? In a debt crisis.
