Elizabeth Barrette (ysabetwordsmith) wrote,
Elizabeth Barrette

  • Mood:

Capitalism in Crisis

So now capitalism is in crisis, and it's exactly the kind of crisis that people pointed out ages ago was bound to happen: too much wealth concentrated in too few hands, leaving not enough to get done the practical things that rich people don't give a flip about.  The people who predicted this -- the ones that are still alive -- are saying "I told you so."  Much like the capitalists did when communism collapsed under its own weight.

Now that we've belabored the obvious, can we please start putting together the parts of various systems that actually do work, and create a hybrid economy that might last longer?
Tags: economics, news, video

  • Grapes Make Plasma

    ... when microwaved, and now we know how. :D I love geeks so much. A jock will microwave grapes to watch things catch fire. A geek will wonder why…

  • The Spread of the 2-Body Problem

    Academics have long been aware of the 2-Body Problem, when both partners have a career with limited opportunities. Apparently it's a much wider…

  • Poem: "One of the Hardest Arguments to Refute"

    Based on an audience poll, this is the free epic for the May 4, 2021 Poetry Fishbowl reaching its $200 goal. It is spillover from the April 6, 2021…

  • Post a new comment


    default userpic

    Your IP address will be recorded 

    When you submit the form an invisible reCAPTCHA check will be performed.
    You must follow the Privacy Policy and Google Terms of use.