Category Archives: Global Economy

Response to the Failure of Trickle-Down Economics

Posted on June 1, 2025 by greg

Critics argue that tax cuts for the wealthy may not be reinvested in ways that benefit the broader economy, and may instead be used for other purposes. Continue reading →

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 Authoritarian Capitalism and 1984: How Freedom Dies

Posted on July 1, 2023 by greg

Between the 9th and 15th Centuries, autocratic monarchies and ecclesiastical hierarchies dominated Western society. These systems began to fall away as people increasingly asserted their right to individual liberty. This push for a greater focus on the individual favoured capitalism … Continue reading →

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How to Respond to Monopolies Today

Posted on May 15, 2023 by greg

Since the beginning of the Republic, Americans have used antimonopoly policy not only to preserve market competition, but to preserve the economic opportunity of the individual citizen and to guarantee that power and property would not become concentrated in the … Continue reading →

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The Reawakening of the Ongoing Class Struggle for Economic Stability

Posted on June 20, 2020 by greg

Neoliberalism intensifies and extends itself by displacing competing socioeconomic forms that restrict it. This means that a through, nuanced, comprehension of capitalism is more important than ever for understanding neoliberal social life and psychology. Marx and Engel’s analysis of capitalism … Continue reading →

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The Rise of Revolutionary Ideas Over the Past 200 Years

Posted on March 10, 2020 by greg

In the 19th century, man has seen some of the most revolutionary ideas in human history. These ideas have not only shaped the way we live our lives, but they have completely changed the way we view ourselves and the … Continue reading →

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Well-being Should Replace Growth as the Measure of a Country’s Success

Posted on December 1, 2019 by greg

Happiness is the feeling that power increases – that resistance is being overcome,” observes Nietzsche.  Happiness can exist without well-being, but well-being can’t exist without happiness. It leads us to physical and emotional aspects which every person is trying to … Continue reading →

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How Ecology and Skepticism Define Sustainable Development

Posted on November 10, 2019 by greg

Social ecologists hold that the problems of environmentalism are due to an authoritarian hierarchy that is also responsible for such ills as racism, sexism, and classism. They argue that problems such as global warming or species extinction are caused in … Continue reading →

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Crisis of the Environment: Time to Push the Economy to do More With Less

Posted on June 20, 2019 by greg

The political project of neoliberalism developed a two-prong approach: (1) dismantle any barrier to the exercise of unaccountable private power; (2) erect barriers to the exercise of any democratic public will. The policies of privatization, deregulation, tax cuts for the … Continue reading →

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The Rise of the Kleptocracy: America’s Security Threat

Posted on June 1, 2018 by greg

Milton Friedman’s neoliberal triumvirate of privatization, deregulation – free trade, and drastic cuts to government spending laid the groundwork for Reagan economic policies of deregulation that began in the 1980s. This, in turn, launched globalization which was supposed to undermine … Continue reading →

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Introducing Change While Respecting the Individual

Posted on May 20, 2018 by greg

Jeremy Bentham (1748-1832), an English philosopher, is principally known for his principle of utilitarianism, which evaluates actions based on their consequences. Bentham believed, motivated by pleasure and pain, people value self-interest above social interest. He maintained that putting his moral … Continue reading →

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