The Financial Industry Is A Lot Bigger Than A Giant Vampire Squid, by Pete Dolack

Vampire Squid

Image by DonkeyHotey via Flickr

by Pete Dolack
Writer, Dandelion Salad
Systemic Disorder, Aug. 31, 2022
September 1, 2022

The size of the financial industry bears no relation to the economy. Self-mythological panegyrics aside, the finance industry confiscates money; it doesn’t create it. How much? Get out your calculators, and maybe you’ll have to find a way to add a couple of digits to what your screen can hold.

Continue reading

Michael Hudson: Finance Capitalism’s Self-Destructive Nature

Capitalism = economic terrorism

Image by duncan c via Flickr

by Michael Hudson
Writer, Dandelion Salad
July 21, 2022

Empire of Inflation: Economist Michael Hudson on U.S. Economic Warfare and Super Imperialism

The Left Lens on May 25, 2022

Economist Michael Hudson joins the Left Lens to discuss the rise of inflation, the weakening of the U.S. dollar, and the consequences of U.S. economic warfare in the Ukraine crisis.

Continue reading

Capitalism Is Working As Intended: The Madness of Capitalist Inequality, by Pete Dolack

"Smash Capitalism" - Student protests - Parliament Square, London 2010

Image by Bob Bob via Flickr

by Pete Dolack
Writer, Dandelion Salad
Systemic Disorder, June 15, 2022
June 19, 2022

Many well-meaning people lament that our economic system is “not working.” But that isn’t true if we apply some historical context. What has capitalism wrought since its earliest days?

Continue reading

Dishonoring Earth Day 2022 with An Oil, Gas, Coal and Nuclear Heyday, by Ralph Nader

100% renewables by 2030 one of our key demands by Climate Coalition of Moreland 2021-11-06-MorelandClimateCup-Coburg-JE_IMG_7800

Image by John Englart via Flickr

Dandelion Salad

by Ralph Nader
The Nader Page, April 22, 2022
April 24, 2022

Instead of championing solar, wind and conservation energy, the GOP (Greedy Old Party) is championing the skyrocketing profits and prices for the omnicidal fossil fuel and atomic power companies.

Continue reading

Corporate Media Ignores Senate Hearing on Corporate Greed and Inflation, by Ralph Nader

Protest Sign06

Image by a.mina via Flickr

Dandelion Salad

by Ralph Nader
The Nader Page, April 8, 2022
April 9, 2022

It is exceedingly rare for a major congressional committee to hold hearings on “corporate greed” leading to corporate profiteering and surging prices on consumer goods. On April 5, 2022, Senate Budget Chairman, Senator Bernie Sanders (I-VT) chartered uncensored territory on corporate avarice with a lead witness, former Secretary of Labor, Robert Reich, now a professor at the University of California, Berkeley.

Continue reading

Commercial Defrauding of Uncle Sam—Biggest Booming Business, by Ralph Nader

Protest Sign06

Image by a.mina via Flickr

Dandelion Salad

by Ralph Nader
The Nader Page, Mar. 18, 2022
March 31, 2022

The biggest business in America is stealing and defrauding the federal government, Uncle Sam and you the taxpayers. In terms of sheer stolen dollars, the total amount is greater than the annual sales of Amazon and Walmart over the past two years.

Continue reading

Michael Hudson and Steve Keen: Permanent Inequality?

Death to Capitalism

Image by lisbokt via Flickr

by Michael Hudson
Writer, Dandelion Salad
October 15, 2020

RT on Oct 7, 2020

It remains unclear who will be the occupant of the White House next January. What can be easily predicted is the state of the economy for tens of millions of citizens. It appears what is called a K-shaped recovery is permanently dividing the country into the haves and have-nots. And this seems to be acceptable for those who are the haves!

Continue reading

Chris Hedges and Richard D. Wolff: The Sickness is the System—When Capitalism Fails to Save Us from Pandemics or Itself

capitalism is the crisis

Image by Alex Cameron via Flickr

Dandelion Salad

with Chris Hedges

RT America on Sep 12, 2020

On the show this week, Chris Hedges discusses with economist Professor Rick D. Wolff, the economic and political collapse of the American empire.

Continue reading

The 2020 Coronavirus Economic Crash and The Crisis of Capitalism by Rainer Shea + Richard Wolff: This Is Like Nothing Ever Experienced

twt-saturday-fc - 2

Image by Francis Clarke via Flickr

by Rainer Shea
Writer, Dandelion Salad
Rainer Shea: Anti-Imperialist Journalist, Mar. 17, 2020
March 18, 2020

The global economic crash that we’ve entered into is going to be more disastrous for capitalism than was the case for the Great Depression. This is because now, the system has no way to stabilize itself amid the widespread impoverishment and loss of profits that will ensue. After the Great Depression, the United States and the other core imperialist countries moved towards welfare statism, neutralizing the class conflict that had been arising amid the crisis. But no such fix will come during this even greater shock to the system.

Continue reading

Trump’s Effective Intimidation of the Powerful Federal Reserve + Big Pharma: Gouges, Casualties, and the Congressional Remedy! by Ralph Nader

Capitalism Kills - Kill Capitalism

Image by killabodhi via Flickr

Dandelion Salad

by Ralph Nader
The Nader Page
August 2, 2019

The Federal Reserve (the Fed) – the United States’ version of a Central Bank – is a strange duck. It is the U.S. government’s most powerful regulatory agency. It, after all, regulates money and interest rates. Yet, its budget comes entirely from the banking industry and relationships with the financial industry. So Congress, which appropriates money for all other federal agencies, has little leverage over the Fed’s operations.

Continue reading

The Coming Savings Meltdown by Michael Hudson

cancel the debt

Image by Friends of the Earth International via Flickr

by Michael Hudson
Writer, Dandelion Salad
July 30, 2019

Debts that can’t be paid, won’t be. That point inevitably arrives on the liabilities side of the economy’s balance sheet.

Continue reading

Apple’s CEO Tim Cook — Serf Labor, Overpriced iPhones, and Wasted Burning Profits by Ralph Nader

cwg_corporate

Image by nocwg2010 via Flickr

Dandelion Salad

by Ralph Nader
The Nader Page, Aug. 7, 2018
August 9, 2018

The New York Times screamed its headline — “In 1997, Apple was 90 Days from Going Broke. On Thursday [Aug. 2, 2018], it became the first publicly traded American company to be valued at… $1,000,000,000,000.” The first trillion dollar company!

Continue reading

“Creating Wealth” through Debt: The West’s Finance-Capitalist Road by Michael Hudson

Swimming With the Debt Sharks

Image by Truthout.org via Flickr

by Michael Hudson
Writer, Dandelion Salad
Michael Hudson, May 2, 2018
May 7, 2018

Peking University, School of Marxist Studies
May 5-6, 2018

Volumes II and III of Marx’s Capital describe how debt grows exponentially, burdening the economy with carrying charges. This overhead is subjecting today’s Western finance-capitalist economies to austerity, shrinking living standards and capital investment while increasing their cost of living and doing business. That is the main reason why they are losing their export markets and becoming de-industrialized.

Continue reading

Slashing and Burning In Every Direction by Ralph Nader

#occupyboston

Image by Chase Elliott Clark via Flickr

Dandelion Salad

by Ralph Nader
The Nader Page
December 6, 2017

Have the Republican greed-hound toadies gone too far? How much are the American people going to take before they replace the reckless Republicans in the next election? Low and middle-income Americans are bracing for the likely passage of a Trump-supported tax bill that deviously redistributes even more of the people’s income to the richest one percent (including a big tax cut for Trump) and the unpatriotic giant corporations.

Continue reading

The Censorious Vortex of the “Flash News” Barons by Ralph Nader

Breaking News

Image by Thomas Hawk via Flickr

Dandelion Salad

by Ralph Nader
The Nader Page
September 20, 2017

For decades, the factors that decided what noteworthy stories would not find their way into print or on the air came down to the media’s ignorance, laziness or from advertising restraints. How else can one explain the many years that passed before the tobacco, auto and junk food industries became the subject of regular consumer reporting? For too long, the explosive material for good journalism in these and other areas had remained hidden in plain sight.

Continue reading