The virtual currency, Bitcoin, has broken the $100 per bitcoin mark today. Bitcoin is a decentralized virtual currency. It has no centralized server or issuer, but instead relies on a peer to peer network of servers to verify transactions and mine new coins by solving increasingly difficult hash functions. More…
In a recent article published on Facts CoExist theoretical physicist Dirk Brockmann argues that state boundaries are often arbitrary and out of date, no longer representative of how we communicate or function as a modern society. By tracking dollar bills he has created a series of maps redrawing state borders by how our money moves, which more accurately portrays distinctive areas based on regional economy.
Those of us involved in various justice movements of the Left sometimes argue among ourselves as though the struggles for class, racial and gender justice existed in a zero-sum relationship.
Many people in the workers’ and economic justice movements complain — rightly so in my view — that “identity politics” in far too many cases became a substitute for class struggle, with racial and gender justice movements led by upper middle-class managerial-professional types focusing almost entirely on equal representation in the professions and boardrooms at the expense of economic justice. This approach is commonly derided as “black, female, etc., faces in high places.”
For Immediate Release
Boggs Center to Nurture Community Leadership
March 25, 2013 – Day One of the Occupation of Detroit
Contact: Ron Scott & Shea Howell – 313-282-7669 – firstname.lastname@example.org
DETROIT, MI – Today is a sad day in Detroit. The usurpation of civic power by the State marks the end of the illusion that representative democracy has the capacity to secure the life, liberty and happiness of our people.
Grace Lee Boggs says, “It is time for the formation of a Detroit Council of Organizations which would include the City Council and all organizations working at the community level. This would be a place for discussion and struggle over direction. Each person should seize this time to do something positive in her/his neighborhood to create the beloved community. It is also time to read and discuss articles on revolution.”
Eric Pfeiffer, Yahoo! News
A new United Nations study has found that more people around the world have access to a cellphone than to a working toilet.
The study’s numbers claim that of the world’s estimated 7 billion people, 6 billion have access to mobile phones. However, only 4.5 billion have access to a toilet.
At a press conference announcing the report, U.N. Deputy Secretary-General Jan Eliasson announced the organization is launching an effort to halve the number of those without access by the end of 2015. More…
[Transcript of a speech delivered at the 2009 Mises University.]
At the beginning, I want to repeat a few points that I have made in my previous lecture on law and economics, and then I want to get to an entirely different subject than the one that I dealt with in that previous lecture.
Because there is a scarcity in the world, we can have conflicts regarding these scarce resources. And because conflicts can exist whenever and wherever there exists scarcity, we do need norms to regulate human life. Norms – the purpose of norms is to avoid conflicts. And in order to avoid conflicts regarding scarce resources, we need rules of exclusive ownership of such scarce resources or, to say exactly the same, we need property rights to determine who is entitled to control what and who is not entitled to control what. More…
For Every 10 Americans, Only 3 Trust The Government
WASHINGTON (CBSDC) – The Pew Research Center in Washington, D.C. has found that fewer Americans than ever trust the decisions made by the government.
Data collected from a survey taken in January of this year indicates that all demographics and partisan groups experienced an increasing lack of faith in government leadership, according to a release posted on the Pew Research website late last week. More…
Ancient and medieval mapmakers would better understand the world of 2100 than would the politicians of 2000. Nations as we know them have existed for only a few hundred years. But cities have been with us since the dawn of civilization. And while the future of the city is not Robert D. Kaplan, a senior fellow at the New America Foundation, is the author of “The Coming Anarchy,” a forthcoming book.
While the future of the city is not in doubt, modern nations will probably continue to weaken in the 21st century. By 2100, the organizing principle of the world will be the City-state, along with the urban radials of prosperity that follow major trade routes.
Indeed, loyalty toward the polis will gradually overwhelm the traditional state patriotism of the 20th century. Empires will be agglomerations of urban areas. Cities and their hinterlands will make alliances and fight wars with and against each other – less over territory than over bandwidths in cyberspace and trade privileges. Power politics will prove eternal.
Trend: Nation-states may be losing power to smaller entities as globalization sorts cultures into regions based on city-states.
VC Confidential describes a dinner talk by futurist Paul Saffo. Excerpts below.
…our world is moving from one of nation-states to one of city-states. Rather than the future being one of the US versus China, it is going to be Silicon Valley vs Beijing or Chicago vs. Paris. Each dominant city will define its region. With the globalization of trade and the impact of the internet, people will identify both with the culture established by their city/region as well as with global, cross-border influences/factors such as Islam. With the “flattening” of the world, Chicago is no longer vying with US cities like New York for influence, commerce and jobs, but other major cities in the world.
by Keith Preston
Perhaps the principal source of divsion between anarcho-capitalists and socialist-anarchists in the classical tradition relates to the question of who should control what the Marxists call the “means of production.” Anarcho-capitalists More…
If only all leaders of resistance movements had the level of competence and vision as this man.
The Minister Louis Farrakhan, 79, delivered his annual Saviors’ Day sermon on Sunday. As is usually the case, the three-hour address covered a variety of topics ranging from current events to the faith leader’s contentious views on race relations. Of particular note was an economic plan he posited — one in which African Americans would come together to invest in land — and a pledge to reach out to gang leaders to ask them for assistance in protecting the Nation of Islam’s interests.
by Keith Preston
Like the libertarians and anarcho-capitalists, I very much recognize the importance of non-state property rights as a bulwark against the ongoing centralization and accumulation of state power. But where I part company with More…
Last month there was a research report from Ruth Milkman, Stephanie Luce and Penny Lewis on the economic background of people who participated in some #OWS events in New York City. The New York Times and other press outlets picked up on one of the report’s findings — that
More than a third of the people who participated in Occupy Wall Street protests in New York lived in households with annual incomes of $100,000 or more … and more than two-thirds had professional jobs. Over on Facebook, Thaddeus Russell’s quick commentary on the story was:
New York Times: InOccupy,Well-Educated Professionals Far Outnumbered Jobless, Study Finds
Thaddeus Russell: There has never been a political movement in the United States in which this wasn’t the case.
Some shocking figures: On average, each Wisconsin’s 5,700,000 residents gives $268 dollars to subsidize business — corporate welfare. Ten cents of every dollar in the state budget subsidizes business — 10 percent of Wisconsin’s budget is corporate welfare.
Scott Walker’s Wisconsin leads America in corporate welfare and yet is behind the rest of America in job-growth. In other words, Badger State subsidies to business and corporate interests represents the most unproductive corporate welfare system in America.
The Freeman editor Sheldon Richman, speaking at George Mason University, raised the question of just what mainstream libertarians mean when they call a country “capitalist.” What qualifies a country as “capitalist”?
A lot of countries with relatively low indices of economic freedom (including those ranked as “mostly unfree”) are conventionally regarded as “capitalist,” and referred to as such in neoliberal agitprop comparing them favorably to non-capitalist countries like Cuba. And the talking heads at CNBC and scribblers in the business press commonly refer to “our capitalist system,” even though it’s doesn’t even remotely approximate a free market.
This is the fourth of the “12 Axioms of Freedom Restoration” set forth in my introductory article on this topic, “How to Restore the West.”
The restoration of America’s first and legitimate government will not be a quick or easy task but it is necessary if we are to survive as a free people and nation. While the US should, of course, retain both the Constitution and Bill of Rights, we must return to a decentralized confederation structure of government like Switzerland or Canada and add in the right of Swiss style referendums so citizens can terminate or initiate legislation when Congress fails to follow the will of the people.
While there have been many thoughtful and needed proposals about how we need to end the Fed, return to a gold backed currency, require term limits, repeal the 16th and 17th amendments to the Constitution, require a declaration of war for military action or a balanced budget and other changes, none of these will restore limited government or our republic. I agree with these ideals and many more but all will be ineffective if we retain the federal government structure in place now.
“The world was full of cravens who pretended to be heroes” ―George R.R. Martin, Game of Thrones
“Progressive” liberals fear the average gun owner, and, convinced of their superior moral quality, they want everyone else to fear gun owners, too.
But gun-fearing progressives are not exactly gun-hating saints. For instance, the Democratic Party’s leadership is guarded by guns, they sell assault rifles to Mexican drug cartels, our taxes for welfare programs are collected at gunpoint, and the progressive’s dinner was shot with a gun. More…