http://www.youtube.com/watch?v=cZ7LzE3u7Bw
Related: Money ScamDialogue: Eleven (so Far) Worthwhile Reviews of and Reflections on Thomas Piketty’s “Capital in the Twenty-First Century”: Wednesday Focus: March 26, 2014 Ed Kilgore: Against the Meritocratic Theory of Inequality: “Geier and Krugman agree that one of Picketty’s most important findings is that inherited wealth is rapidly re-assuming its traditional role as the preeminent source of economic power…. Krugman… [T]he great tax-cut push of the Bush years was mainly about reducing taxes on unearned income. And when Republicans retook one house of Congress, they promptly came up with a plan — Representative Paul Ryan’s “road map” — calling for the elimination of taxes on interest, dividends, capital gains and estates. Under this plan, someone living solely off inherited wealth would have owed no federal taxes at all.
Market Fundamentalism Market fundamentalism (also known as free market fundamentalism) is a pejorative term applied to a strong belief in the ability of laissez-faire or free market policies to solve most economic and social problems.[1] Critics of laissez-faire policies have used the term to denote what they perceive as a misguided belief, or deliberate deception, that free markets provide the greatest possible equity and prosperity,[2] and that any interference with the market process decreases social well being. Users of the term include adherents of interventionist, mixed economy and protectionist positions,[3] as well as billionaires such as George Soros,[4] and economists such as Nobel Laureates Joseph Stiglitz[5] and Paul Krugman.
The 7 Biggest Technology Trends In 2020 Everyone Must Get Ready For Now We are amidst the 4th Industrial Revolution, and technology is evolving faster than ever. Companies and individuals that don't keep up with some of the major tech trends run the risk of being left behind. Understanding the key trends will allow people and businesses to prepare and grasp the opportunities. As a business and technology futurist, it is my job to look ahead and identify the most important trends.
The end of capitalism has begun The red flags and marching songs of Syriza during the Greek crisis, plus the expectation that the banks would be nationalised, revived briefly a 20th-century dream: the forced destruction of the market from above. For much of the 20th century this was how the left conceived the first stage of an economy beyond capitalism. The force would be applied by the working class, either at the ballot box or on the barricades. The lever would be the state. The opportunity would come through frequent episodes of economic collapse. Instead over the past 25 years it has been the left’s project that has collapsed. Plutocracy Plutocracy (from Greek πλοῦτος, ploutos, meaning "wealth", and κράτος, kratos, meaning "power, dominion, rule") or plutarchy, is a form of oligarchy and defines a society or a system ruled and dominated by the small minority of the wealthiest citizens. The first known use of the term was in 1652.[1] Unlike systems such as democracy, capitalism, socialism or anarchism, plutocracy is not rooted in an established political philosophy. The concept of plutocracy may be advocated by the wealthy classes of a society in an indirect or surreptitious fashion, though the term itself is almost always used in a pejorative sense.[2] Usage[edit]
HuffPost is now a part of Verizon Media Trends come and go. But every now and then a major wave arises that ripples across the culture, and seeps into everything. This is one such time, and the mega trend is this: the Internet is adapting us, not the other way around. It’s our culture’s Flux Capacitor, converting outmoded things into something the future can use. The next big thing is unlikely to be hatched from a garage in Palo Alto. Rather, it will be the power of collective technologies to transmute broader social concerns and, in so doing, change the nature of the problems themselves.
Naomi Klein's new film: Capitalism versus Climate In ‘This Changes Everything,’ Naomi Klein shows that industry interests are opposed to those of ordinary people, a point climate activists have had trouble communicating and been reluctant to embrace This Changes EverythingA film by Avi Lewis Narrated and inspired by the book by Naomi Klein reviewed by Kate Aronoffrepublished under a Creative Commons license, from YES! Magazine “What is the core problem?”
Crony Capitalism Crony capitalism is a term describing an economy in which success in business depends on close relationships between business people and government officials. It may be exhibited by favoritism in the distribution of legal permits, government grants, special tax breaks, or other forms of state interventionism.[1][2] Crony capitalism is believed to arise when business cronyism and related self-serving behavior by businesses or businesspeople spills over into politics and government,[3] or when self-serving friendships and family ties between businessmen and the government influence the economy and society to the extent that it corrupts public-serving economic and political ideals. The term "crony capitalism" made a significant impact in the public arena as an explanation of the Asian financial crisis.[4] It is also used world wide to describe virtually any governmental decisions favoring "cronies" of governmental officials. Crony capitalism in practice[edit]
Not practising social distancing? You could be fined up to $1K and businesses up to $500K People and businesses found breaking the new social distancing rules will be fined, Ontario Provincial Police said Friday. Individuals could be fined up to $1,000 while corporations could face fines of up to $500,000, OPP said in a news release. City, provincial and federal governments have been implementing measures such as travel restrictions, social distancing protocols and business closures to deal with the COVID-19 crisis. But while the majority of people and businesses have been observing the social distancing protocols, officials say there are others who continue to ignore them. "Although voluntary compliance is always preferred, under the Emergency Management and Civil Protection Act (EMCPA), there are consequences for individuals and businesses that choose to defy the Act while it is in force," OPP said.
North Korea fires projectiles into sea for third time in a month North Korea fired two projectiles that appeared to be short-range ballistic missiles into the sea off the east coast of the Korean peninsula, South Korea’s military reported. The launch on Saturday follows two earlier this month, when North Korea fired short-range missiles and multiple projectiles, according to South Korea’s military, drawing US and Chinese appeals for Pyongyang to return to talks on ending its nuclear and missile programmes. The suspected missiles were fired from North Pyongan province, South Korea’s joint chiefs of staff said. The province is above Pyongyang on the north-west corner of the Korean peninsula bordering China.
its the big gap of society income between the rich and poor by manalbatniji Feb 3