Every year I ask my class on “Wealth and Poverty” to play a simple game. I have them split up into pairs, and imagine I’m giving one of them $1,000. They can keep some of the money only on condition they reach a deal with their partner on how it’s to be divided up between them. I explain they’re strangers who will never see one other again, can only make one offer and respond with one acceptance (or decline), and can only communicate by the initial recipient writing on a piece of paper how much he’ll share with the other, who must then either accept (writing “deal” on the paper) or decline (“no deal”). You might think many initial recipients of the imaginary $1,000 would offer $1 or even less, which their partner would gladly accept. After all, even one dollar is better than ending up with nothing at all.
Money, Power and Wall StreetDid the Fed’s Emergency Lending Prop Up “Too Big to Fail”? May 1, 2012, 8:44 pm ET · by Azmat Khan The Obama administration arrived in Washington in early 2009 facing the worst financial crisis since the Great Depression — and an American public outraged by bailouts for the financial institutions that had gotten them there.John SafranEarly life Safran was born in Melbourne. After attending North Balwyn Primary School and Balwyn High School, he was sent to Yeshivah College, an Orthodox Jewish high school in St Kilda East. In Year 12 he formed the hip-hop group Raspberry Cordial with his friend Chris Lumsden. They played to some success, receiving high rotation airplay on the city's community radio, playing many gigs in Melbourne and coming second in the RMIT Battle of the Bands competition.
I Don't KnowWithout help. I mean, I know what time it is when I look at a clock or see it on my phone or on t.v. or the web or ask somebody. But I don’t know what time it is without going through some 3rd Party, you know? Somebody or some thing has to tell me what time it is in order for me to know it. In order for me to know what time it is, somebody or some thing has to *give* me the time.“Black Lies Matter” Sheriff to Hannity: Democratic candidates playing “plantation politics” by “whoring for black votes”On “Hannity” Wednesday evening, Sean Hannity hosted a heated discussion about the #BlackLivesMatter movement with Milwaukee County Sheriff David Clarke — who was last seen on the program rechristening the group “Black Lies Matter” — and Fox News contributor Juan Williams. The discussion focused on the Democratic candidate’s answers on Tuesday as to whether “all lives matter” or “black live matters.” All but Jim Webb answered that the #BlackLivesMatter movement is significant, given that it is founded on a specific set of complaints about the treatment of the black community by law enforcement. But Sheriff Clarke could barely contain his disdain for what he called the “plantation politics” of “the Democrat Party that continues to enslave” the black community. “They’re whoring for votes,” he added.
Beyond capitalism and socialism: could a new economic approach save the planet?To avoid social, environmental and economic collapse, the world needs to move beyond the standard choices of capitalism or socialism. That’s the conclusion of a new report released Wednesday by US think tank Capital Institute. The non-partisan think tank argues that both systems are unsustainable, even if flawlessly executed, and that economists need to look to the “hard science of holism” to debunk outdated views held by both the left and the right. Jan Smuts, who coined the term “holism” in his 1926 book, Holism and Evolution, defined it as the “tendency in nature to form wholes that are greater than the sum of the parts”. For example, in the case of a plant, the whole organism is more than a collection of leaves, stems and roots.
The Fed Audit - $16 TRILLION in secret loans to bail out American and foreign banksThe first top-to-bottom audit of the Federal Reserve uncovered eye-popping new details about how the U.S. provided a whopping $16 trillion in secret loans to bail out American and foreign banks and businesses during the worst economic crisis since the Great Depression. An amendment by Sen. Bernie Sanders to the Wall Street reform law passed one year ago this week directed the Government Accountability Office to conduct the study. "As a result of this audit, we now know that the Federal Reserve provided more than $16 trillion in total financial assistance to some of the largest financial institutions and corporations in the United States and throughout the world," said Sanders. "This is a clear case of socialism for the rich and rugged, you're-on-your-own individualism for everyone else."
Geoff LawtonAbsolutely FREE videos by Geoff Lawton, World Renowned Permaculture Teacher, Designer and Consultant. In these free videos you will discover how: Geoff Lawton designed his farm to be totally self-sufficient and how you too can create a paradise on Earth with all the food and water that you need.Property Purchase Checklist. What you need to know when choosing the right kind of land to survive.
Interaction Institute for Social Change BlogThe structural vs. transformational debate is alive and well. I’m glad that Curtis and Cynthia have been dipping back into it over the last few weeks. It is good to start at the end: the answer is a both/and, it’s not a good idea to get stuck in binaries. The print pictured above captures it for me.Black “Lies” Matter – the Forensic Facts Behind the False Narratives of this Violent Anti-Police Movement – Dr. Ron MartinelliRon Martinelli, Ph.D., CMI-V Forensic Criminologist/Police Expert Certified Medical Investigator Copyright September 5, 2015 Last night, I had the pleasure of appearing on FOX NEWS’s Megyn Kelley’s “Black Lives Matter” (BLM) movement special. As a forensic criminologist who has investigated scores of nationally prominent, high-profile officer-involved shootings and in-custody deaths, I found the program both fascinating and extremely frustrating.
The Regenerative Capitalism Framework & Accompanying White Paper - CAPITAL INSTITUTE CAPITAL INSTITUTEFor the past two years, Capital Institute and its collaborative network have been on an evolutionary learning journey…searching for a path that will lead us beyond our current unsustainable economic system and the finance-dominated ideology that drives it. What we discovered is a new way of thinking about economics and how we manage our free enterprise system, aligned with our scientific understanding of how the universe actually works and with our shared values. We call it Regenerative Capitalism. On April 21, 2015, the co-created Regenerative Capitalism theory and peer-reviewed white paper were launched at an event hosted by Yale University’s Center for Business & the Environment.
Americans for Tax Fairness » Corporate Tax Dodger Trading CardsCorporate Tax Dodger Trading Cards Leading up to Tax Day, April 15, Americans for Tax Fairness is calling attention to 10 corporations that are dodging paying their fair share of taxes. We are releasing a set of Corporate Tax Dodger Trading Cards to explain their tricks of the trade. Be sure to collect all 10 and see what makes these companies professional tax dodgers. Corporate Tax Dodgers 2013 Report: 10 Companies and Their Tax Loopholes
SmarterEveryDayGet your own backwards bike here ⇒ Support Link: ⇒ ⇐ ↓↓↓↓↓↓↓READ MORE: ↓↓↓↓↓↓↓ Here's the link from the Amsterdam meetup! (I usually make a localized facebook post before I visit a city to see if anyone wants to high five.) Comment threads on Reddit: (Bicycling)My Instagram account: Support Link: Slow Motion Sound Design by "A Shell In The Pit"The awesome music by "A Shell In The Pit" is called:"Bottles" which can be downloaded here.