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The American Left: RIP

The American Left: RIP

Paul Craig Roberts

Once upon a time the leftwing of the political spectrum was committed to the advancement of the working class and its protection from political and economic abuse by the owners of the means of production. Consequently, the leftwing was politically potent and reached a pinnacle of power when Henry Wallace was selected by Franklin D. Roosevelt as his third term vice president. Despite his wealth from the company he founded, Wallace stood for the farmer and the working class.

A Communist Utopia (Funded By Capitalism)

A Communist Utopia (Funded By Capitalism)

Via The Daily Bell

When is a commune not a commune? When it only exists because of capitalism.

But that doesn’t stop it from having just enough communist ideals to make it a very restrictive place to live.

Twin Oaks is an “intentional community” in Virginia. It is one of the oldest successful communes in America because it's not really a commune. They manufacture hammocks that sell for up to $100 each, and make tofu for Whole Foods.

Ray Dalio Explains What Is "The Most Important Economic, Political And Social Issue Of Our Time"

Ray Dalio Explains What Is "The Most Important Economic, Political And Social Issue Of Our Time"

Every quarter, the Fed's Flow of Funds report discloses - among many other things - the total U.S. household net worth, and every quarter for the past two years this number has steadily gone up, hitting fresh all time highs with every new release, most recently $96.2 trillion, to widespread cheers from both the financial press and the public, as well as the administration. 

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