Many libertarians regard Social Security and Medicare as welfare handouts and as Ponzi schemes, when in fact these programs are a form of private property. People pay for these programs all their working lives, just as they pay premiums for private medical policies and make their deposits into private pension plans. Libertarians are great defenders of private property, so why don’t they defend the elderly’s private property rights in Social Security and Medicare benefits? Social Security and…

“Think of a modern Money economy as comprised of two related subsystems. One creates wealth. It consists of factories, homes, farms, stores, transportation and communications facilities, the natural productive systems of the planet and people going to work in hospitals, schools, stores, restaurants, publishing houses and elsewhere to produce the goods and services that sustain us. The other creates and distributes Money as a convenient mechanism for allocating wealth. In a healthy economy…

The United States has become the very first "post-industrial" nation on the globe. Millions upon millions of manufacturing jobs have been lost.  The US has become a nation that consumes everything in sight and yet produces increasingly little. The biggest export by the USA is waste paper.  Yes, trash is the number one thing that we ship out to the rest of the world.

The same thing that…

Time Dollars

No money? No problem! Pay with time instead. Pay with "time dollars" on everything. In a modern twist on the ancient practice of barter, people are joining time banks to help them get the things they need or want without having to spend cash. In a time bank members get credit for services they provide to other members, from cooking to housekeeping to car rides to home repair. For each hour of work, one time dollar is deposited into a…

 You know those times when you think lawmakers and corporate leaders are crazy, the kind of crazy that makes films like "Silence of the Lambs" so frightening. Well the truth is you’re right according to two new scientific analyses. Dr. Nassir Ghaemi of Tufts University in his book, "A First-Rate Madness," sheds light on what HE calls an "inverse law of sanity," whereby times like these actually reward and promote…

A recent study proves that liberals/progressives have more gray matter in a part of the brain related to understanding complexity, while the conservative brain is bigger in the section linked to fear. Scientists have now shown that progressives and conservative brains are actually built differently. Liberals/progressives have more gray matter in a part of the brain associated with understanding complexity, while the conservative brain is bigger in the…

 Let’s face it. Capitalism is a disease--a raging infection that causes its hosts to become sociopaths. They just don't realize they are monsters;  this is really the marvel of capitalism: its ability to treat as a virtue the ruthless pursuit of profit over freedom, liberty and the basic humanity of those  they enslave. And the media we have, especially here in Ameristan, come to celebrate their…

<b>You Need Money? OK! Just print all you want!</b>

Here is an example of how this system actually works. The Federal Reserve Bank issues a $100 dollar bill which it delivers to the government so that the Dept. of Defense can give it to the US Army which buys ammunition for their soldiers’ rifles, who can then use it to kill Afghanis in their own invaded country. Now, the last thing that Barak…

The victory of the West over state capitalism (Communism) was won at a high cost. And now a deep structural crisis threatens to destabilize all economies. <i>The main structural contradiction of capitalism is now between the tendency to establish a world economy and market, and maintenance of the 'nation state' as an instrument of regulation. </i>

The nation states of the 'developed' world, under pressure from the…