Modern serfdom for the workers, endless money-printing and gold as the ultimate anti-investment

Assuming that we've read some of our previous "big picture" posts (for example here and here), you probably know that gold has a "special role" to play in today's situation - it is no accident that it's exchange rate vs the dollar and all the other fiat currencies of the world has been rising for the last 10 years or so. Some may say... Read...

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"Moral capitalism" and the rise of the "overclass"

A few days ago, English Prime Minister David Cameron made a speech on..."moral capitalism". There has been much talk about "reforming the system", and "doing something" about "the excesses" of the "golden boys" that led us where we are today. For the time being of course, all this talk is...just talk. But, as history has proven, capitalism... Read...

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Paul Lafargue - The Bankruptcy of Capitalism

Paul Lafargue - The Bankruptcy of Capitalism (1900)  The nineteenth century was the century of capitalism. Capitalism filled that century to overflowing with its commerce, its industry, its manners, its fashions, its literature, its art, its science, its philosophy, its religion, its politics and its civil code, more universal... Read...

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Why do some GOP party politicians envision a China-like America?

A few weeks ago, Huffington Post published a very interesting article titled "Emerging GOP View: Communist China Is Model for American Capitalism". The article discusses a growing trend amongst US capitalists, especially those who favor the Republican party, to view China as an example that the USA needs to follow. Here are some key... Read...

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The ‘manure’ of history

Something has changed, fundamentally. This is evident. What is it? Before, they all wanted to be the ploughmen of history, to play the active parts, each one of them to play an active part. Nobody wished to be the ‘manure’ of history. But is it possible to plough without first manuring the land? So ploughmen and ‘manure’ are both necessary.... Read...

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Intellectual property rights and "patent wars"

A few weeks ago, I started writing about China, and I promised I would write a post about their moves in the monetary plain (we have already mentioned how the current monetary system is ending). I haven't forgotten my promise, but I will do it after this weekend. For the time being, we shall discuss another subject, intellectual property... Read...

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SOPA, PIPA, ACTA, private property and internet monopolies (part 1)

Wikipedia was one of the many sites that protested the SOPA act While I had to spent a few weeks in the hospital, taking care of my sick mother, many things happened in the world - after all, we are in the middle of a crisis, so events tend to unfold very rapidly (and they certainly won't wait for my sick mother to recover) Iran is always... Read...

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