by Summary:
The Hidden Costs of Capitalism
Topics:
Steve Keen considers the following as important:
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The Hidden Costs of Capitalism
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
Jeremy Smith writes UK workers’ pay over 6 years – just about keeping up with inflation (but one sector does much better…)
Robert Vienneau writes The Emergence of Triple Switching and the Rarity of Reswitching Explained
Lars Pålsson Syll writes Schuldenbremse bye bye
Robert Skidelsky writes Lord Skidelsky to ask His Majesty’s Government what is their policy with regard to the Ukraine war following the new policy of the government of the United States of America.
| The Hidden Costs of Capitalism |
Not really a cost of capitalism, and especially the amount of government interference, popping up, steering, regulations and control. Not a market process. So not a capitalist process. For one is there even competition with currency? Government forced monopoly, government decided interest rates, even GSEs buying up mortgage back securities, and depending the country, governments providing half the mortgage to prop up the value of those mortgages. Not much capitalism at all
This word Capitalism is becoming inherently confronting because of mafia-like organization of global Control Fraud conditions.
Financial promissory contracts are symptoms of investment in belief systems, Capital Management and Accountability would identify Capitalism as putting the cart before the horse, buying a pig in a poke bag, and not checking the horse's teeth either way. Or, why are lies and deceit standard political currency in finance, not the real-time Accountability for goods, services and health?
It's all gone Digital and it's not coming back.