Who is Atlas did he Shrug?
Bernie Sanders says that he’s a socialist and that he loves the New Deal. He doesn’t see any discordance there, and neither do a lot of people who support him.
There’s a famous story that was told when I was growing up about a politician who is asked about his position on whiskey. And he says, “If by whiskey we mean the drink we enjoy to celebrate happy events and toast our friends, I’m for whiskey. But if by whiskey we mean the demon liquor that drives families apart, I’m against whiskey.”
That’s where I am. If by socialism, you mean the New Deal, then by golly I’m in favor of it. Obviously, the New Deal shaded into socialism or social democracy, if you will. But in many ways, it’s a foolish argument, because we have socialism for the rich everywhere. Nobody is actually trying to keep the government out of the market. At least, nobody in Herbert Hoover or Donald Trump’s Republican Party.
via From The New Deal To The Green New Deal | HuffPost
Federal Energy Minister Angus Taylor on Sunday used a combination of company statements and analyst forecasts to claim the three largest power companies – AGL, Origin and EnergyAustralia – would see their collective profits almost double in the five years from 2015 to 2020.
via Minister’s blast: Power company ‘record profits’ must stop
If only concern was given to threats faced by the Individual citizen from both business and the business of cyber crime.We speak of market “freedoms” with little emphasis of “safety” other than “Buyer Beware” were not about to “teach” you the traps witch are increasing daily with data farming. Crime, Punishment are after all a class apart. (ODT)
Unfortunately, with around 3.5 billion internet users globally and well over 10 billion devices in use, cyber security will remain a major headache confronting business and government globally for years to come. For example, over the past year, the size of the global cybercrime economy has grown to more than $2 trillion annually, making it the world’s 13th largest economy by revenue, according to the Into the Web of Profit (Understanding the Growth of the Cybercrime Economy) study recently released by the University of Surrey in the United Kingdom.
via Cybercrime a $2 trillion threat for business
The “free market” has nothing to do with keeping prices down through competition as our Liberal politicians would have us believe. It has nothing to do with Friedman’s idealistic vision of benefit for all. It is about maximising profit for businesses. Maximise income, minimise costs, and avoid taxation. If there was limitless supply then perhaps…
Source: Free in name only – » The Australian Independent Media Network
I have said it before but it deserves repeating. Democracy is not failing us; it is we who fail democracy when we fail to actively engage with it. Democracy, as we practice it today, has lost its essential direction and has been usurped by a divisive creed full of vitriolic, jingoistic spin. Over the past…
Source: What is Neo-liberalism and why knowing matters? – » The Australian Independent Media Network
“Few ideas have more profoundly poisoned the minds of more people,” argues the former secretary of labor
Source: Robert Reich: There’s no such thing as a “free market” – Salon.com
‘He bought this patent and he’s milking it for all it’s worth. In a way, I thank him, because it’s really sort of like putting a sign on your back saying, ‘Kick me’.
Source: CEO raises pill’s price from $US18 to $US750 overnight, calls journalist ‘moron’
“There’re a lot of altruistic properties” to raising cost of treating toxoplasmosis from $1,350 to $63,000, he said VIDEO
Source: Martin Shkreli on his “altruistic” motives: “I’m a capitalist — I want to create a big drug company” – Salon.com