Capitalism creates CRISIS!

Course Blog for Soc 3151: Social Issues and Social Policy at Baruch College

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The Financialization of War!

The financialization of war has passed under the radar of many. It is easy to see how the economy and everything or everyone dealing with money and investments have become financialized but the problem with the topic of war is that people hardly look at it from the perspective that war itself is an investment [...]

Interesting Video (some parts)

Although this video may at first seem like a conspiracy theory, some of the people in it speaks about some practices of capitalism.
One of the most interesting parts of this video comes at 57:18 where one of the guys explains how the “federal reserve” is a private bank that bankrupted the United States, and since [...]

CITIBANK AND THE FEDERAL GOV’T NEW RESCUE/NON RESCUE TALKS

U.S. Weighs Further Steps for Citi
The banking system in the US have been seeing detrimental times and they need help. What is now happening is the Federal Gov’t is stepping in to give these banks much needed aid. What lots of people don’t understand is that they’re not just giving money away. They are actually [...]

A better world…

For those of you who haven’t seen this video, look at it when you have sometime. Its a nice comparison between the welfare systems of America and some countries in Europe. Its sad to see how crappy our health care system is, compared to Britain, Canada and France.
 http://www.megavideo.com/?v=6GLO6VSV

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RSS Naked Capitalism

  • Links 11/22/09 November 22, 2009
    Unburied bodies tell the tale of Detroit — a city in despair Times Online Economists: Wrong Again Michael Panzner The illusion of improving global imbalances Richard Baldwin and Daria Taglioni, VoxEU (hat tip reader Don B) Unemployment rates rise in 29 states CNN (hat tip reader John D) Wall St. Finds Profits Again, Now by Reducing Mortgages Louise [...] […]
  • Antidote du Jour November 21, 2009
    Apologies for absence of links! Hope to be back to closer to usual programming early next week. […]
  • Stop the madness now! November 20, 2009
    By Edward Harrison of Credit Writedowns. A reader at Naked Capitalism asked us to respond to a recent article from the Christian Science Monitor asking Does US need a second stimulus to create jobs? Marshall Auerback has already done some heavy lifting – and taken all of the heat in the comments. He says emphatically yes. Now [...] […]
  • Dodd: Bernanke Confirmation “Not Necessarily” a Foregone Conclusion November 20, 2009
    This clip is from an interview with blogger Mike Stark. Apologies for the poor sound quality. While Dodd indicates that he is “inclined to be supportive” of Bernanke, he is surprisingly cautious about making a broader statement, a sign of a shift in sentiment. […]
  • Ivy Zelman: “Home prices are going back down” November 20, 2009
    By Edward Harrison of Credit Writedowns. Yves is stuffed again today, so I am going to post at least once or twice. Hopefully, we will also see something from Jesse or George as well. This is a post I wrote overnight about rising delinquencies and shadow housing inventory. I am not convinced house prices [...] […]

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RSS Naked Capitalism

  • Links 11/22/09 November 22, 2009
    Unburied bodies tell the tale of Detroit — a city in despair Times Online Economists: Wrong Again Michael Panzner The illusion of improving global imbalances Richard Baldwin and Daria Taglioni, VoxEU (hat tip reader Don B) Unemployment rates rise in 29 states CNN (hat tip reader John D) Wall St. Finds Profits Again, Now by Reducing Mortgages Louise [...] […]
    Yves Smith
  • Antidote du Jour November 21, 2009
    Apologies for absence of links! Hope to be back to closer to usual programming early next week. […]
    Yves Smith
  • Stop the madness now! November 20, 2009
    By Edward Harrison of Credit Writedowns. A reader at Naked Capitalism asked us to respond to a recent article from the Christian Science Monitor asking Does US need a second stimulus to create jobs? Marshall Auerback has already done some heavy lifting – and taken all of the heat in the comments. He says emphatically yes. Now [...] […]
    Edward Harrison
  • Dodd: Bernanke Confirmation “Not Necessarily” a Foregone Conclusion November 20, 2009
    This clip is from an interview with blogger Mike Stark. Apologies for the poor sound quality. While Dodd indicates that he is “inclined to be supportive” of Bernanke, he is surprisingly cautious about making a broader statement, a sign of a shift in sentiment. […]
    Yves Smith
  • Ivy Zelman: “Home prices are going back down” November 20, 2009
    By Edward Harrison of Credit Writedowns. Yves is stuffed again today, so I am going to post at least once or twice. Hopefully, we will also see something from Jesse or George as well. This is a post I wrote overnight about rising delinquencies and shadow housing inventory. I am not convinced house prices [...] […]
    Edward Harrison