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Category Archives: MN Gordon
How Faux Capitalism Works in America
The 2008 financial crisis helped clarify how faux capitalism works in America. That when the big corporations and the big banks get in trouble, the people on top quickly absolve culpability while appropriating public funds from their friends at the Treasury for the purpose of private bailouts. This, in effect, socializes the losses across bottom rungs of society and concentrates profits across the top. Continue reading
Paper Lanterns
Still, it doesn’t take much snooping around to uncover what’s really going on. For cracks in the economy’s foundation are transforming from minor hairline fissures to full blown surface fractures at about double the rate that Imperial Valley mud volcanoes … Continue reading
Posted in MN Gordon, Politics
Tagged chinese president xi jinping, donald trump, peter navarro, trade tariffs, trade war
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The Zealous Pursuit of State Sponsored Wealth Destruction
The lifecycle of capital follows a wide-ranging succession. It is imagined, produced, consumed, and destroyed. How exactly this all takes place involves varying and infinite undulations. One generation may produce wealth. While the next generation burns through it. Various facets … Continue reading
Posted in Inflation, MN Gordon
Tagged collapse, consumer price index, federal reserve, jerome powell, president trump, wealth destruction
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How To Give Thanks Like Socrates
Ordinary ideals of Americana range as far and wide as the North American continent. The valued conviction of one American vastly differs from that of another. For example, someone from the Mid-Atlantic may have little connection with someone from the … Continue reading
Posted in MN Gordon, Politics
Tagged americana, charle street, gratitude, socrates, thanksgiving
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