Monthly Archives: July 2014

Capitalism for the Masses

Capitalism For The Masses makes me nervous and squirm about. It’s a well thought out proposal. I like the idea of increasing the pool of capitalists by reducing the barriers to entry. And by reducing the average size of businesses, … Continue reading

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A World Without Consequences

As A World Without Consequences notes, almost none of the people or companies that caused the 2008-2009 financial crisis have gone to jail. And with the continuing financial stimulus are engaging in much the same risky, speculative behavior. Few people … Continue reading

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Direct Public Offerings

Initial Public Offerings (IPO) make all the news.  They raise billions for newly public companies and make millions in fees for Wall Street.  For smaller companies, the paperwork of an IPO is prohibitive.  The JOBS act may eventually provide a … Continue reading

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Battle of the 800lb Gorillas

Homeowners have been trying for several years to get back some of the millions lost to Wall Street in their housing market Ponzi scheme. The banks have the money and political influence to successfully fight those suits. But now PIMCO, … Continue reading

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Critique of the “Sharing Economy”

The Sharing Economy (e.g. AirBnB, Lyft) claims to empower individuals, “a righteous return to human society’s true nature of trust and village-building that will save the planet and our souls. A higher form of enlightened capitalism.” The Case Against Sharing … Continue reading

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More Buddhist Economics

Buddhist Economics seems to be in the air. Brain Pickings carried a review two days ago of E.F. Schumacher’s 1973 book, “Small Is Beautiful: Economics as if People Mattered” under the headline Buddhist Economics: How to Stop Prioritizing Goods Over … Continue reading

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Buddhist Economics

Another emerging set of new economic language and models are termed Buddhist Economics. The term has been around at least since E.F. Schumacher’s 1966 essay of the same name. Nobel Prize-winning economist Amartya Sen considers the ideal economy as one … Continue reading

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The Cooperative Economy

In an interview in Orion magazine, Gar Alperovitz lays out what he thinks is needed to reform the economies of the developed and developing world. While in other articles he lays out a specific agenda, the interview develops a deeper … Continue reading

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What Then Can I Do?

I read Gar Alperovitz’s book “What Then Can We Do?” last year. It essentially lays out how the developed world has gotten itself in such a mess, both economic and ecological, and suggests a way out. Most of the way … Continue reading

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