Capitalism creates CRISIS!

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

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Financialization of Pop Teen Idol

Disney seems to have alot of new comers of the music industry. Everyone starts out young and then Disney seems to replace them with even younger more talented kids, who not only can sing but can act too. Disney makes money, not only by making mini-series of their popular teen shows, but with movies and [...]

Egoavil: “Fictitious Capital and the New-Fangled Schemes of Public Credit ”

This was an article on the radical perspectives website which discusses Carl Marx’s theory of fictitious capital. As we all know Carl Marx was very critical of Capitalism and how he believed it only produces class struggles and inequalities. In this particular article, Michael Egoavil discusses Marx’s views on a particular aspect of Capitalism, securities, [...]

Finnancialization of the NBA…

Looking at the NBA today, it is easy to see that the game has gone through a major change since its inception in 1946. One such change has been the role that owners play in the game and for the cities whom their teams represent. It used to be that owners of NBA teams acquired [...]

The New Joads: Trying to Survive in the Spectacle-Commodity Society

This is a very interesting article by John Clegg. It is from the radical perspectives website. It is a case report on homelessness in Sacramento. It seems like homelessness has become normalized in the U.S.
The demographics for the U.S. showed that there are 6,600 new evictions every day; one occurs every 13 seconds.[4] At [...]

Ups and Downs – The Economic Crisis (pt. 3)

Mattick: “Ups and Downs – The Economic Crisis (pt. 3)”
 http://sites.google.com/site/radicalpers…
This articles focuses on understanding the “business cycles” of our country. The United States has been going through “Boom and Bust” cycles ever since the colonial era. Building up to a strong economy and then failing only to become stronger a certain period later was thought [...]

Neoliberal educational reforms

In the article, Neoliberalism and education reform, E. Wayne Ross and Rich Gibson argue that public education is a key target of the neoliberal project because of its market size, its centrality to the economy and its potential challenge to corporate globalization.

Neoliberal educational reforms emphasize opening up the educational services market to [...]

Four crises of modern capitalism

In the article, four crises of the contemporary World Capitalist System, William K. Tabb examines the four areas of crisis in modern capitalism: Financialization and financial meltdown, U.S. led Imperialism is losing its predominant influence, the rise of new centers of power, and resources and sustainability.

The first problem is the [...]

Financialization

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“Financial: A primer” helped me understand what financialization [...]

Retail Therapy Ending in America?

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It was hard to find articles [...]

Elizabeth Warren on Bill Maher

Elizabeth Warren on Bill Maher
http://www.nakedcapitalism.com/2009/05/elizabeth-warren-on-bill-maher.html
Elizabeth Warren is a Harvard professor and the head of the “Congressional Oversight Panel”. This organization is a branch of the greater program known as “Oversight of the Troubled Asset Relief Program”. The Congressional Oversight Panel, and subsequently Elizabeth Warren, is charged with the role of reviewing the state of various [...]

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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