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Archive | May, 2017

Illustration shows a huge Uncle Sam getting a new outfit made at the "McKinley and Company National Tailors" with President McKinley taking the measurements. Carl Schurz, Joseph Pulitzer, and Oswald Ottendorfer stand inside the entrance to the shop and Schurz is offering Uncle Sam a spoonful of "Anti-Expansion Policy" medicine, a bottle of which each is carrying. On the right are bolts of cloth labeled "Enlightened Foreign Policy" and "Rational Expansion." The strips on Uncle Sam's trousers are labeled "Texas, Louisiana Purchase, Alaska, Florida, California, Hawaii, [and] Porto Rico." Caption: The Antis. Here, take a dose of this anti-fat and get slim again! Uncle Sam No, Sonny!, I never did take any of that stuff, and I'm too old to begin! Photo credit: <a href="http://www.davidmhart.com/blog/C20111228141034/E20120715102406/index.html">David M. Hart</a>

The Graveyard of Progressive Social Movements

When first encountering the “Impeach Bush” movement in 2007 I responded, almost flippantly, “why not impeach the system that gave us Bush?” Otherwise, I said, “we risk having someone in the White House who’ll make us long for Bush.” If prescient, my response was admittedly formulaic and evidentially deficient.

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Measuring National Ecological Consumption

Which Countries Live Within Their (Ecological) Means?

The information contained within the 2017 edition of the National Footprint Accounts, and especially its elegant publishing platform, will be useful to critics of the status quo maintained by the major capitalist economic powers. To make sense of the data critically, however, one must go far beyond the explanation given below, as root causes are […]

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Trump press conference

Slandering Populism

Populism properly understood is about popular and democratic opposition to the rule of the money power—to the reign of concentrated wealth. It emerged from radical farmers’ fight for social and economic justice and democracy against the plutocracy of the nation’s Robber Baron capitalists during the late 19th century. It was a movement of the left.

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Berlin Bulletin by Victor Grossman

Curiouser and Curiouser

A story worthy of a mystery author—or dramatist—has been hitting German headlines. It began when police at the Vienna airport in Austria arrested a first lieutenant of the German Bundeswehr army when he picked up a pistol hidden some weeks earlier in a bathroom. He denied it was his and was released. But his fingerprints […]

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Corporate Profits

What’s driving abnormal profit margins? Monopoly

Why is the cause of abnormally high corporate profit margins in the US. The phenomenon is amongst other things upsetting the standard notion that profits are mean reverting to historic averages. Jeremy Grantham (of the global investment management firm, GMO) puts the cause down to three other factors: increased monopoly power, increased political power and […]

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