Tag Archives | Economics

History Lesson: America Is the Same Oligarchy It Was over a Century Ago

“Forget the politicians. They’re irrelevant. Politicians are put there to give you the idea that you have freedom of choice. You don’t. You have no choice. You have owners. They own you. They own everything. They own all the important land. They own and control the corporations. They’ve long since bought and paid for the Senate, Congress, the state houses, the city halls. They’ve got the judges in their back pockets. And they own all the big media news. They own all the big media companies so they control just about all of the information and news you get to hear. They’ve got ya by the balls.”

via Truthstream:

(Truthstream Media) When Americans see charts like this one which illustrate that virtually all the food on grocery store shelves basically comes from no more than 10 megacompanies, or hear statements like this one from our own Attorney General Eric Holder who told the Senate Judiciary Committee that some banks are just too big to prosecute, or check out studies like this one out of Princeton which openly declare we are not a democracy but an oligarchy…it’s kinda hard to believe we aren’t an oligarchy (because we are).

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The Individual vs. the Goo

Kevin Dooley (CC BY 2.0)

Kevin Dooley (CC BY 2.0)

Via War Is Crime:

“The people” is a convenient term for “every individual.” This has been lost in translation. It has been garbled, distorted, just as the proprietor of an old-fashioned carnival shell game distorts the audience’s perception with sleight of hand.

Are “the people” one group? Well, that’s the ultimate Globalist formulation.

However, from the point of view of the free individual, things are upside down. It is his power that is primary, not the monolithic corporate State’s. From his point of view, what does the social landscape look like? It looks like: the obsession to organize.

I’m not talking about organizations that are actually streamlined to produce something of value. I’m talking about organizations that plan more organization of life.

If you want to spend a disturbing afternoon, read through (and try to fathom) the bewildering blizzard of sub-organizations that make up the European Union.

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Robber barons and silicon sultans

Photo: Michael from San Jose, California, USA (CC BY 2.0)

Photo: Michael from San Jose, California, USA via Wikimedia Commons (CC BY 2.0)

Via The Economist:

IN THE 50 years between the end of the American civil war in 1865 and the outbreak of the first world war in 1914, a group of entrepreneurs spearheaded America’s transformation from an agricultural into an industrial society, built gigantic business empires and amassed huge fortunes. In 1848 John J. Astor, a merchant trader, was America’s richest man with $20m (now $545m). By the time the United States entered the first world war, John D. Rockefeller had become its first billionaire.

In the 50 years since Data General introduced the first mini-computers in the late 1960s, a group of entrepreneurs have spearheaded the transformation of an industrial age into an information society, built gigantic business empires and acquired huge fortunes. When he died in 1992, Sam Walton, the founder of Walmart, was probably America’s richest man with $8 billion.

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Women Working on the Frontiers of Technology

Photograph of a chip constructed by D-Wave Systems Inc., designed to operate as a 128-qubit superconducting adiabatic quantum optimization processor, mounted in a sample holder.Photo: D-Wave Systems, Inc. via Wikimedia Commons (CC BY 3.0)

Photograph of a chip constructed by D-Wave Systems Inc., designed to operate as a 128-qubit superconducting adiabatic quantum optimization processor, mounted in a sample holder.
Photo: D-Wave Systems, Inc. via Wikimedia Commons (CC BY 3.0)

via Singularity Hub:

Are women starting companies in the most cutting edge fields and keeping pace with the future? Although many are now learning coding and engineering in school, working for global internet companies and building their own apps—these fields are already mainstream and have less and less room for leadership and influence.

Women need to form companies in the industries of tomorrow to ensure they are personally empowered and positioned to shape the most impactful future markets. But what are those markets? One of the smartest things a woman can do today is start a company in quantum computing, space exploration or life extension.

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Fecal Farms: Drone Video Exposes ‘Feces Lake’ Inside Mega US Factory Farm

factory-farm-drone-lake

via The Mind Unleashed:

You’ve seen disturbing images and videos of factory farm animals being forced to live in the absolute worst of conditions, but a new overhead video captured by a spy drone reveals a whole new sector of disturbing factory farm activity.

Caught on tape and unveiled in the video and images below, drone operator Mark Devries says that the apparent ‘lake’ residing on the factory farm compound is in fact a large holding body of feces, urine, and who knows what else.

Read more.

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The dark web: what it is, how it works, and why it’s not going away

via Vox:

2014 saw the continued growth of the dark web, a collection of underground websites that allow people to engage in often-illegal activities beyond the reach of law enforcement. Here’s what the dark web is, how it works, and why it’s not going away any time soon.

What is the dark web?

The dark web is a general term for the seedier corners of the web, where people can interact online without worrying about the watchful eye of the authorities. Usually, these sites are guarded by encryption mechanisms such as Tor that allow users to visit them anonymously. But there are also sites that don’t rely on Tor, such as password-protected forums where hackers trade secrets and stolen credit card numbers, that can also be considered part of the dark web.

People use the dark web for a variety of purposes: buying and selling drugs, discussing hacking techniques and selling hacking services, trading child pornography, and so forth.

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Top 5 Moments In Decentralization History

Via COINTELEGRAPH

Decentralization is at the heart of Bitcoin’s core principals. I hesitate to use that term because I think overuse of it can lead to rigid thinking, but if there is even one core principal of Bitcoin, decentralization is it. But Bitcoin isn’t the only major instance of decentralization shaking up the course of history, neither is the internet; at least, if you are able to keep an open mind about what exactly decentralization means.

The Internet and in particular Bitcoin are the two best examples of something resembling true decentralization in history, where pretty much every participant got equal access at a relatively reasonable pace; even then, there are some centralization issues. The other examples that are listed here were hampered in reaching the masses either through intentional suppression by those who controlled it, or technological limitations or both. Nevertheless, they do represents mankind’s previous attempts at or accidental creations of situations that greatly, even if only briefly, broke down the pillars of centralization.

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The Billionaires’ Space Club Is About Ego, Not Exploration

Apollo 8 Reentry (photo via NASA)

Apollo 8 Reentry (photo via NASA)

via Slate:

It’s an old trick. Multimillionaires regularly try to spin acts of crass ego gratification as selfless philanthropy, no matter how obviously self-serving. They jump out of balloons at the edge of the atmosphere, take submarines to the bottom of the ocean, or shoot endangered animals on safari, all in the name of science and exploration. The more recent trend is billionaires making fleets of rocket ships for private space exploration. What makes this one different is that the public actually seems to buy the farce. Space buffs everywhere are acting as if everyone in the world will somehow be enriched when Lady Gaga is finally able to sip pink Cristal in zero gravity. Call it the trickle-down theory of space exploration: Somehow, building a luxury-liner suborbital rocket ship for the amusement of the ultrarich, ultrafamous, and ultrabored will be a great victory for all of humanity.

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The Future Is Local, The Future Is Not Monsanto

via RINF:

The US as a nation consumes more than anyone else, virtually at the expense of everyone else. The petrodollar system has ensured that imports into the US have been cheap and readily available. Post 1945, Washington has been able to take full advantage of the labour and the material resources of poor countries.

Consider that ‘developing’ nations account for more than 80 percent of world population but consume only about a third of the world’s energy. Also bear in mind that US citizens constitute 5 percent of the world’s population but consume 24 percent of the world’s energy. On average, one American consumes as much energy as two Japanese, six Mexicans, 13 Chinese, 31 Indians, 128 Bangladeshis, 307 Tanzanians and 370 Ethiopians [1].

The US is able to consume the way it does because of high demand for the US dollar: it is the world reserve currency.

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2014: The Year the American Justice System Officially Died

Carey Wedler writes at TheAntiMedia.org:

In 2014, the problem of police brutality forced itself to the forefront of the national conversation following the brutal killing of Americans at the hands of the police. This increased attention has been a success for activists from all walks of life and for the well-being of citizens. The problem of racism and police murders that involve it is finally receiving widespread acknowledgment and opposition.

But as much as the issue of police abuse needs attention, it remains that injustice in America permeates layers of society that transcend law enforcement, race, and problems of direct violence against citizens.

Rather, police brutality is a symptom of much deeper decay in the concept and system of “justice” in the United States. As much as murderous cops escaping punishment is outrageous, here are other travesties that occurred in 2014:

The Senate attempted to stifle the free speech of any journalist it did not define as “press,” calling the bill a protection of the first amendment. Most of Congress cheered Israel on from June through the summer while it pummeled Gaza.

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