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How the US rolls (post-Global Minotaur) – by SLAVOJ ŽIŽEK

yanisvaroufakis.eu / by yanisv / December 13, 2014

In this article, aptly subtitled It’s lonely being the global policeman, Slavoj evokes a parallelism between the age of extremes that began as the British Empire was losing its grip with the present moment in history. Now that theGlobal Minotaur (quoting my book) is mortally wounded, […]

How the Fed Grows Government

mises.org / Hunter Hastings / DECEMBER 10, 2014

We are told that elections are important, but the most powerful state institution, the central bank, is totally out of reach of the voter.

Ludwig von Mises viewed democracy as a utilitarian concept. It was the form of political organization that allowed the majority to change […]

“We Are All In A Ponzi-World Right Now, Hoping To Get Bailed-Out By The Next Person”

zerohedge.com / by Tyler Durden on 12/03/2014 20:00

One of the most important Zero Hedge posts of the last few years was “The “Muddle Through” Has Failed: BCG Says “There May Be Only Painful Ways Out Of The Crisis”” where The Boston Consulting Group (BCG) helped explain how the economic establishment is trying everything to […]

11.30 While America Ate and Shopped Mini-Crashes Rocked the Markets

johngaltfla.com / by John Galt / November 30, 2014 10:35 ET

While Americans ate, partied, and shopped until their credit cards cried “uncle,” markets around the world experienced a mini-crash which despite the protestations of the CNBCBBGFBN propaganda and infomercial sales forces will have consequences for the American economy and indeed the future of our […]

Professor Hip-Hop Cries Out Against Capitalist Oppression

teapartyeconomist.com / by Gary North on November 28, 2014

This story caught my attention. There were protests in St. Louis after the grand jury failed to indict the policeman who shot Michael Brown.

At the Manchester Wal-Mart, about two dozen people chanted “no justice, no peace, no racist police” and “no more Black Friday” […]

Stockman And Stiglitz On Crony Capitalism: Agreements And Disagreements.

davidstockmanscontracorner.com / by Randall G. Holcombe / November 17, 2014

The role of government in the economy has been a major public policy issue for more than two centuries. Critics of capitalism, at least since Karl Marx, have argued that the system is skewed to benefit the political and economic elite at the expense […]

25% Of Americans Prefer Socialism Over Capitalism

zerohedge.com / by Tyler Durden on 11/16/2014 20:48

While Americans are preached that “free market capitalism is the best path to prosperity,” it appears that not everyone is buying it. Whether it is the failure of prosperity to trickle down (and the inequality that has been created) or just the herd-like need to be […]

Can Anarcho-Capitalism Work?

lewrockwell.com / By Llewellyn H. Rockwell, Jr. / November 10, 2014

This talk was delivered at the Costa Mesa Mises Circle on Society Without the State, November 8, 2014.

The term “anarcho-capitalism” has, we might say, rather an arresting quality. But while the term itself may jolt the newcomer, the ideas it embodies are compelling […]

Crony Capitalism Tribute: Mafia Dons vs. Politicians; Who Really Won the Election?

globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / November 07, 2014

Who Really Won the Election?

If you think Republicans won the recent mid-term election you are mistaken. PolicyMic has One Chart that Shows Who Won.

Most Expensive Senate Races

Money Won the Election!

The Center for Responsive Politics projects the 2014 mid-term election will cost […]

Debt Rattle November 5 2014

Mathew Brady Units of XX Army Corps, Army of Georgia on Pennsylvania Avenue, Washington DC May 24 1865

theautomaticearth.com / by Raúl Ilargi Meijer / November 5, 2014

To the extent there’s any actual choices to be made in these kinds of elections. Why waste your time?

• Ayn Rand vs Adam Smith: The […]

“A Brief Note On Capitalism”

zerohedge.com / From Elliott Management’s Q3 letter, by Paul Singer on 11/04/2014 22:37

A Brief Note On Capitalism

From time to time we find ourselves compelled to write a few words in defense of capitalism. Capitalism is a system according to which capital is owned by private citizens, who in turn determine its price and […]

The Zombie System: How Capitalism Has Gone Off the Rails, Part 3—-The Deformation Of Capitalism

davidstockmanscontracorner.com / By Micheal Sauga at Der Spiegel / November 3, 2014

……….He was the face of the Reagan revolution, a young man with large, horn-rimmed glasses and thick hair, wearing a suit that was too big for him as he sat next to the hero of conservative America. As former President Ronald Reagan’s budget […]

The Schizomedia Does It Again

zerohedge.com / by Tyler Durden / 10/29/2014 08:17 -0400

With QE3 about to wind down, some are declaring that the age of Quantitative Easing is finally over. These probably forgot they said the same thing when QE1, QE2 and Operation Twist ended. Clueless “expertise” aside, who can really blame them: by now it has become […]

Reprise: China Has Created a New Form of Capitalism

jessescrossroadscafe.blogspot.com / By Jesse / 10 OCTOBER 2014

This is a reprise of a posting from this café in 2012. It was my attempt to recreate a story I had originally posted on The Crossroads Café when it was hosted on Yahoo Geocities, between 2000 and 2007. This is an old story from 2005. It […]

“Stayin’ Alive” Bill Gross Speaks In His First Janus Interview: Live Webcast

zerohedge.com / by Tyler Durden on 10/09/2014 11:18

Curious how Bill Gross feels in his new digs at Janus Capital (aka old digs in Newport Beach)? Curious how much money he is managing now or how he will manage it? Curious why he has a band aid under his right eye? All should be […]

Unrestrained Capitalism and The Will To Power and Possession

jessescrossroadscafe.blogspot.com / BY JESSE / 03 OCTOBER 2014

Serve whom you will, but know whom you serve.

“Our human family is presently experiencing something of a turning point in its own history, if we consider the advances made in various areas. We can only praise the positive achievements which contribute to the authentic welfare of […]

Why Is China Hoarding Gold? Alan Greenspan Explains

zerohedge.com / by Tyler Durden on 09/30/2014 13:41

Remember when instead of pontificating on and explaining the consequences of three decades of devastating, ruinous, irresponsible Fed policies, and eagerly sharing ideas on how to “fix” these unfixable problems, Alan Greenspan was the primary culprit behind everything that is now wrong and broken with the world’s […]

Keynes, Lenin, and Hyperinflation

garynorth.com / by Gary North on September 25, 2014

In 1919, John Maynard Keynes became an international figure of considerable influence because of his book, The Economic Consequences of the Peace. It was a critique of the Versailles Treaty’s imposition of reparations payments on Germany in the aftermath of World […]

Why Isn’t Innovation Driving Growth Anymore?

goldbroker.com / Philippe Herlin / Sep 25, 2014

Average growth in Europe, Japan and the United States keeps slowing down when compared with previous decades: It is near zero in Europe and Japan, and 2% in the U.S. Inasmuch as, in those countries, innovation is still thriving, many new services are being offered, many start-ups […]

Why Has Classical Capitalism Devolved to Crony-Capitalism?

charleshughsmith.blogspot.com / CHARLES HUGH SMITH / WEDNESDAY, SEPTEMBER 10, 2014

The money-shot: “People of privilege will always risk their complete destruction rather than surrender any material part of their advantage.”

Here is the quote that perfectly captures our era: “People of privilege will always risk their complete destruction rather than surrender any […]