An excellent article giving a quick insight into (one aspect of) the entirely parasitic modern form of financialized and casino capitalism that’s all about playing the markets and our vile banksters leeching off of working people and productive companies until life becomes so expensive we can’t afford it anymore.
In this article, you will also become a bit more familiar with Trump’s good friend, Goldman Sachs (from which so many of his appointees come).
Here is the link: Parasite Capitalism: The Economic Model of the 21st Century
Finally, an honestly speaking capitalist tells it like it is: CEOs and business owners only hire people when the demand for their goods or services rises to make hiring more staff necessary. And from whom comes the demand? From you and me, when (or if!) we can afford to buy. And for this we need a fair economy with fair pay, fair taxes, and good income security. Continue reading
If you have learned to overcome the corporate media blackout on the real news, you are probably aware of the brutality by police and private “security” firms used to force a totally unnecessary pipeline through Native American land and the thousands of volunteers trying to stop it.
Financialization is a scheme of legalized robbery.
“So, it is not surprising that the quality of our lives has gone down via sinking income and rising living costs for all these decades while our smarmy politicians tell us through their lying teeth that our economy keeps growing.”
“For many of us, the water is up to our necks, and the same is true for the communities, plants, and animals we need to survive. Even our climate is toppling over. How much longer will we tolerate this system of death?”
This excellent interview explains why our living costs keep rising without us getting any more for all the extra expense. It explains how all wealth keeps being transferred to the top; how we get poorer in a booming economy and booming stock market; how corporate raiding creates unemployment and makes those of us who still have jobs work ever harder; and what the unholy alliance (or rather abusive relationship) between Big Money and government has to do with it all.
Short answer: The Sious Nation
Source, as well as a deliberation on the complexities:
(Note: if the video to which this article links gets deleted, you may search the Internet for the title: “The Incredible Story of How Sioux Nation Has Stood Strong Through Time”)
The term was originally used to label Fridays when historic calamities occurred, such as the market crashes of 1869 and 1873. In some countries it still is. How, in America, “Black Friday” became to refer to a big shopping day after Thanksgiving makes me chuckle.