What if the federal deficit doesn’t actually matter much? Modern Monetary Theory explained

https://youtu.be/P6wjaygkfNk If the US government can print new money to bailout corporations and banks and financial markets, why can't it do so for programs which help the average American instead? Stephanie Kelton’s new book, ‘The Deficit Myth,’ argues the path to shared prosperity and achieving progressive goals means no longer asking how we will pay … Continue reading What if the federal deficit doesn’t actually matter much? Modern Monetary Theory explained

Mammon Worship is America’s Own Religion

On Eugene McCarraher’s “The Enchantments of Mammon: How Capitalism Became the Religion of Modernity,” a fascinating study of the ways in which economics, despite its purported scientific rationality, is really a perverse kind of religion. by Daniel Walden edited by O Society June 12, 2020 One of the few things socialists and capitalists largely agree on … Continue reading Mammon Worship is America’s Own Religion

They Really are Lying to Us

FoxNews, New York Times, CNN, Washington Post... they all lie to you. Russiagate is just foreplay for what's coming. by Arthur Bloom edited by O Society June 10, 2020 Books will be written one about the many media failures during the Trump regime. Yet much of the Russiagate narrative-shaping is related to a broader problem of … Continue reading They Really are Lying to Us

the Information Apocalypse is Already Here and Reality is a Loser

Supposedly we spent more than three years preparing for an information apocalypse. Why couldn’t we stop it with the coronavirus? by  Craig Silverman edited by O Society May 25, 2020 Two years ago, a video of former president Barack Obama calling President Donald Trump a “total and complete dipshit” was uploaded to YouTube. As the shock … Continue reading the Information Apocalypse is Already Here and Reality is a Loser

The science behind human irrationality just passed a huge test

5 Ways Behavioral Economics Changes the Way We Market Kahneman's foundational idea of behavioral economics stands up to replication test by Cathleen O'Grady edited by O Society May 24, 2020 If you won $100 tomorrow, you’d be pretty happy. And if you lost $100, you’d be less than thrilled. But those two feelings wouldn’t be the … Continue reading The science behind human irrationality just passed a huge test

Why is Elon Musk telling us to ‘take the red pill’?

A cryptic message from the Tesla billionaire references the first Matrix movie and garners approval from Ivanka Trump – but not everyone is happy edited by O Society May 18, 2020 Ivanka Trump relied: "Taken!" Elon Musk falls foul of his baby-momma's mother: Grimes' mom Sandy Garssino slams her daughter's partner Elon Musk & Grimes … Continue reading Why is Elon Musk telling us to ‘take the red pill’?

How to think post-Planetary Lockdown

The times call for acting as poets instead of politicians by Pepe Escobar edited by O Society May 1, 2020 Between unaccountability of the ultra-rich and total fragmentation of civil society, Covid-19 as a circuit breaker is showing how the king – systemic design – is naked. We are being sucked into a danse macabre of … Continue reading How to think post-Planetary Lockdown

Planet of the Humans: the Limits to Growth

https://youtu.be/Zk11vI-7czE edited by O Society April 30, 2020 We lost the battle to stop climate change on planet Earth because we chose to follow leaders who take us down the wrong roads. Like everything else in American politics, the "green" movement is sold out to the wealthy interests of corporations. In the midst of our … Continue reading Planet of the Humans: the Limits to Growth

Unplug from the American Golden Dollar Dream

https://youtu.be/paUgY6SGlgY Max Blumenthal interviews Michael Hudson edited by O Society April 30, 2020 MAX BLUMENTHAL: I think it’s a good transition point to talk about another kind of scam you’ve identified. There’s a really hilarious aside in the second preface to your book Super Imperialism (PDF) where Herman Kahn, who is, I think a founder of … Continue reading Unplug from the American Golden Dollar Dream

5 Common Beliefs That Can Get You Killed

Lolby David Wong edited by O Society April 10, 2020 As a keen observer of humanity and systemic failure, my pandemic lockdown makes one thing clear: disasters have a way of exposing all of our collective brain flaws. This isn't because the world is trying to teach us a lesson -- the world is trying to … Continue reading 5 Common Beliefs That Can Get You Killed