Politics Finance Society

True Progressive America, Forever a Pipe Dream

How has the jewel of Democracy, the envy of most every other country in the world arrived at the point it is today? Income inequality has never been as prevalent as it is now, and certainly not what our founding fathers envisioned 240 plus years ago. From the late 1940's through the late 1990's the middle class were the backbone of a truly successful democracy but more recently they have
Featured Finance Society

The Death of the U.S. Working Class and Rise of Ultra Capitalism

There hasn't been a more unfortunate consequence of  modern day society than that of the virtual disappearance of the working class, AKA middle class. The spread of an ultra-capitalist, feudalist system, where making even a modest living is becoming almost obsolete, is sending a clear message of not only who will forever run things but also who the really important ones are. Hedge fund managers, CEO's of Defense Corporations, Wall
News Politics

The Global North – Part 2

PART 2 OF A 2-PART REPORT ON THE SHAMBLES OF 21ST CENTURY GLOBAL ECONOMICS, WITH THIS ONE FOCUSING ON THE GLOBAL NORTH, (THE NEW NAME FOR THE DEVELOPED WORLD). THE 1st PART IS HERE, AT THE GLOBAL SOUTH Introduction It seems that Capitalism only works well when it works equally for everyone, which is hardly ever. While Socialism has existed in the past and gradually brought improvements over time, only the
News Politics

The Global South – Part 1

Introduction Economists love labelling things and the world is no exception. We used to have the 1st World/3rd World or Developed world, and Under-developed world but now it’s more trendy to call them the Global North (RICH) and the Global South (POOR) Think Africa, India, S. America some parts of Asia We are told that poverty and hunger are everyday life in the Global South while we never had it so
David M Rubenstein
COTM Finance Society

COTM Award – Sep 2020 – David M Rubenstein

And the winner of Cunt of the Month for September 2020 goes to probably the most powerful and odious person on the planet. The Chairman of the Board for the Council on Foreign Relations, David M Rubenstein. Not content with his Billions in the bank and the power to destroy civilisations (quite literally), this month his work with The Carlyle Group (which he owns of course), who own a number
US Economy
Featured Health Politics

The be-all and end-all

It has now been a week since Brexit. A week for sovereignty to be regained, a week to send out the 50p’s, and a week for the United Kingdom to remain afloat. From Boris Johnson’s majority government, to estimating what the future holds. Alternatively, the past week has meant that the media’s concentration on Brexit has allowed the ever growing inequality within the United Kingdom to be overlooked once again.