Tag Archives | capitalism

Corporate taxes.

By on May 4, 2012 in Economics, General Discussion, Politics

There has been and continues to be a lot of debate amongst people as to whether or not a corporate tax rate should exist, there is a piece now over at Project Syndicate about this issue. http://www.project-syndicate.org/commentary/the-corporate-tax-conundrum These arguments seem to center around a couple things, one that taxing corporations amounts to double taxation, another that it [...]

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A Simple Email to Another Blogger on the Issues of Today’s Labor Market

By on May 1, 2012 in Economics, General Discussion

Daniel: I believe  you are understanding it and this is what I go round and round with economists such as Thoma and Spencer who believe the free (sigh) market will correct it and itself in the next generation. It will not and this is a global economics war we are in today. Yves Smith understands the [...]

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Rogoff on the food industry

By on February 2, 2012 in Economics, General Discussion, Human Behavior

On the sidebar at Project syndicate is a nice article by Ken Rogoff, the economist at Harvard, entitled Coronary Capitalism. I found the following illuminating:   Consider the food industry, particularly its sometimes-malign influence on nutrition and health. Obesity rates are soaring around the entire world, though, among large countries, the problem is perhaps most [...]

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America’s dirty war against manufacturing.

By on January 20, 2012 in Economics, Politics

http://www.bloomberg.com/news/2012-01-20/america-s-dirty-war-on-manufacturing-part-3-commentary-by-carl-pope.html Interesting piece from Bloomberg by Carl Pope, on how the idea of having an industrial policy doesn’t fly in the U.S. Some excerpts, “I am told I cannot talk about industrial policy in polite American company,” Dow Chemical Co. Chief Executive Officer Andrew Liveris told a business audience last March. “I’m not sure why, since [...]

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Redefining capitalism – as I wish it.

By on January 15, 2012 in Economics, General Discussion, Politics

The latest number I could find for annual US corporate profit is approximately $2.1 Trillion. The latest number I could find for US population age 65 and over is 40 million. If I assume that half of those seniors represent married couples, then we are looking at 30 million potentially retired families. If I divide [...]

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The penalty tax.

By on January 15, 2012 in Economics, General Discussion

One way to look at the current sovereign debt crises around the world is that they amount to a penalty tax on the investment community. The tax is levied as losses on debt held either through write downs or inflationary monetary policy. The penalty is due to insufficient  taxes paid for needs leading up to the crises. [...]

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capital(ism)

By on September 27, 2011 in Economics, General Discussion

Whenever I take on capitalism, I can expect a thunderous response from those folks who have a firm image of what it is implanted in their minds. However, it may teach me something – or it may teach them something. When I hear people use the term capitalism, I always assume that they understand it [...]

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