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Mike Norman Economics

PCR – There Is No Limit To Presstitute Hypocrisy

The mass murderer, John McCain, is considered to be a hero. Murder one person and you go to prison, murder millions and you become a hero. Lockheed Martin had some nice things to say about John McCain.What gets me is how the hell did John McCain end up in the Democratic Party? It just goes to show you they are as bad as each other.  There is no democracy - in every society it is the aristocracy that rules.  KV Caitlin Johnstone warned us that the liberals were going to make a hero out of...

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Philip Weiss – New Book Gives Credence to US Ambassador’s Claim That Israel Tried to Assassinate HomE in 1980

This gives your some idea of how the world works. It it's truly evil. I often try to figure out what goes through the minds of the powerful and the elite, are they simply psychopaths? Money is the root of all evil, says the Bible.  I once said to a Quaker friend that evil was rare, and he said lots of Quakers believe that, but evil is everywhere and was real, he added. I didn't believe him but know I know he was right.  I don't know how PCR and Steven Lendman sleep at night with what they...

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Bill Mitchell — The conservative polity is fracturing – an opportunity for the Left

Regular readers will know that I have spent a lot of time writing about the demise of the Left political parties as they became subsumed with neoliberal economic ideology, which blurred the political landscape as the ‘centre’ moved to the Right. That topic was the focus of our current book – Reclaiming the State: A Progressive Vision of Sovereignty for a Post-Neoliberal World (Pluto Books, September 2017). The neoliberal infestation has left these parties with declining electoral support,...

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John Laurits Under Fully-Automated Communism, Your Wage Is $90 Per Hour (Says Math)

There is no problem with scarcity — there is a problem with humanity’s social organization and with its institutions. There is no failure in our production of economic values — even now they are being produced to abundance (maybe even over-abundance). The math above shows that, if it could be allowed, this country can afford to pay a wage just shy of $100 to every human being who is willing to work. It is only the obscenely wealthy whom we stretch and strain to afford… Economic rent.John...

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Sam Williams — Modern Money (Pt 3)

In this post, I will contrast the analysis of foreign trade found in Professor L. Randall Wray’s book “Modern Money Theory” and contrast it to the analysis of foreign trade that logically emerges from Marx’s theory of commodities, money and capital.... A Critique of Crisis TheoryModern Money (Pt 3) Sam Williams

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Jason Goodman – Sunday with Charles – Not So Sweet Charity

This is live right now. Is Charles Ortel closing in on Hilary, I hope so as it would be nice to see the whole thing go under? This show could on for two hours and TBH I will probably only manage 45 minutes of it. Next month there will be another Sunday with Charles where he will be saying he is definitely closing in on her now, and so on; but one day hopefully he will nail her.These guys are very conservative, so it's interesting too see their point of view, but I despaired at their...

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