Category Archives: Capitalism

The End of Economics and Society as We Know It

3 Comments Posted by on August 8, 2011

Richard Heinberg delivers a clear and powerful message on the urgent need for the world to begin the transition to a sustainable future. He takes a big picture perspective on the interconnectedness of economics, energy, the environment, and society. Here are several excerpts from recent interviews. These are very sobering. The Future of Energy Consumption (4-5 minutes) [...]

Capitalism, Climate Change, Energy, Environment, Financial Crisis, History, Oil Prices, Peak Oil, Philosophy, Psychology & Sociology, Public Policy, Sustainability, Uncategorized , , , , ,

China, Electric Cars, and the Future

Leave a Comment Posted by on October 12, 2010

With all the hand-wringing in the business press about China manipulating its currency, we may be missing the big picture. In a recent op-ed piece in The New Your Times, Thomas Freidman (The World is Flat) calls attention to how China is aggressively investing in the future. Thankfully, the US government helped save GM from [...]

Capitalism, China, Energy, Environment, Globalization

Revised Climate Change Presentation

Leave a Comment Posted by on October 6, 2010

Dr. David Heimann of the Green Group Boston has made some updates to his slideshow on Climate Change and Economic Opportunities. I’ve attached the revised document in this post.GW-talk-GGB-1

Capitalism, Climate Change, Economic Updates, Energy, Environment, Markets

Wall Street Bankers Pretending to be Clueless

Leave a Comment Posted by on January 16, 2010

1/14/2010 – From the testimony of four of the nation’s top bankers before the Financial Crisis Inquiry Commission charged with determining the causes of the nation’s financial debacle. Whatever we did, whatever the standards of the time were, it didn’t work out well. – Lloyd Blankfein, CEO – Goldman Sachs Somehow we just missed that, [...]

Capitalism, Finance, Financial Crisis, Satire

Big Daddy Keynes

Leave a Comment Posted by on December 18, 2009

So here is the latest attempt to encourage today’s youth to get excited, interested, or whatever you call it about economics. From PBS NewsHour Keynes vs Hayek: Late Economists’ Rap Battle transform academic debate into an academic rap battle. If John Maynard Keynes has to become John “Big Daddy” Keynes, so be it.

Capitalism, Financial Crisis, Government, Issues, National Debt

FRONTLINE: The Warning

Leave a Comment Posted by on October 20, 2009

Preview / Full Hour In the devastating aftermath of the economic meltdown, Frontline sifts the ashes for clues about why it happened and examines critical moments when it might have gone much differently. Looking back into the 1990s, producer/director Michael Kirk (Inside the Meltdown, Breaking the Bank) discovers early warnings of the crash, reveals an [...]

Capitalism, Financial Crisis, Government

Too Big to Fail

Leave a Comment Posted by on October 17, 2009

TOO BIG TO FAIL:The Inside Story of How Wall Street and Washington Fought to Save the Financial System–and Themselves by Andrew Ross Sorkin (10/09) From a review on Amazon.com: The first true behind-the-scenes, moment-by-moment account of how the greatest financial crisis since the Great Depression developed into a global tsunami. Too Big to Fail is [...]

Book Reviews, Capitalism, Financial Crisis, Government, Markets

Is Capitalism Inevitably Prone to Crashes?

Leave a Comment Posted by on September 16, 2009

From an article in The Boston Globe (9/13/09) about Hyman Minsky: Why capitalism fails The man who saw the meltdown coming had another troubling insight: it will happen again Here is an excerpt of the highlights: [Minsky] believed in capitalism, but also believed it had almost a genetic weakness…Although Keynes had never stated this explicitly, [...]

Capitalism, Financial Crisis, Markets , ,

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