Relevant and even prescient commentary on news, politics and the economy.

The Wealth of a Nation

— One of Sandwichman’s good questions prompted my revisiting an earlier writing of mine on wealth (circa 2000?). Extensively revised to the extent that it is hardly recognizable; here is, a, second, best effort. Herein, the terms wealth and capital are thought of as being interchangeable. For thousands of years, humans lived off the bounty […]

Huge!

The wins in Georgia are huge. Now, if Alabama, Mississippi, and South Carolina can just come up with their own Stacy Abrams, we could see a snowball effect that would change American politics forever. Well, at least, for a long time. Some might think that this outcome along with its portents can solve the electoral […]

Consequences

Professors Piketty, Saez, and Zucman! Have a minute? A minute to talk about rentiers, retirement, growth, and sharing? Thanks. Seems some sixty-percent of Americans think that things are going pretty well. For them, things are going pretty well. But, for the lower forty, things aren’t going well at all. Surely, this sixty – forty ratio […]

Rather Than

Rather than the Constitution granting us our rights, it should protect our inalienable rights. One might ask how is it that the constitution grants citizens the right to own a gun, freedom of religion, freedom of speech, privacy in their own home, …, all, notably, rights the colonists might not have had under a monarchy, […]

Market Capitalism

Then and Now — Once the birthright of lords and kings, the association of wealth with power, is, of late, more often than not, the prerogative of the very wealthy; theirs as a right derived under the aegis of capitalism, and, one defended, it seems — under the aegis of the Constitution. For a long […]

America’s Most Odious

— Preface Donald J. Trump is not on this list only because he is much so more than odious. — Grover Norquist* Because; in any list there has to be a number one. Though it was tough choosing a number one, no one is more deserving. Using one’s intelligence to bully, to manipulate others, is […]

Lord, the Pain of it

The good mayor of El Paso is at wit’s end. He is worrying himself into the grave. The City’s hospitals and morgues are overflowing. Seems that the people have to work to eat, and, if they work, they get the virus and get sick, and, too many die. Damned capitalism is as deadly as the […]

Electoral Map

In ‘Dearly Beloved,’ and in ‘Are Capitalism and Democracy Compatible?‘, I spoke to the inequities of the Electoral College and of the very unrepresentative Senate. In the both, I spoke of how, in 2016, Trump lost the popular vote by 3 million votes yet won the Electoral College, and the presidency, by 80,000 votes in […]

Is Hawley Right?

Josh Hawley is running for president; has been since he was big enough to walk. On the night of the November 2020 election, Josh Hawley, Junior Senator from Missouri, tweeted that henceforth the republican party was the party of the working class; and the democratic party was the party of the elites. Is Senator Hawley […]