The economic theories administered in the US, Australia, and the UK state a 3.5% to 4.5% unemployment rate is necessary for running an efficient economy. Sitting in high school econ class, even my dull teenage brain couldn’t fathom why an economic system requiring a percentage of people to suffer through…
“If one should desire to know whether a kingdom is well governed, if its morals are good or bad, the quality of its music will furnish the answer.”― Confucius
Corporate entertainment’s purchasing power decided music’s popularity, but in 1991 technology revolutionized the industry. Collecting and compiling accurate consumer data revealed…
When the financial sector faced starvation and homelessness a $700 billion stimulus package was approved in a week. Increasing the deficit by an additional $539 billion was worth rescuing the banks from despair but contributing to the deficit to save the lives of millions of Americans is somehow considered less…
A billionaire moving her online retail business to a small, impoverished nation with nine citizens, would instantaneously and exponentially increase the nation’s economic wealth. The business operations, production, purchases, and investments would indicate the country’s Gross Domestic Product (GDP) is undergoing rapid growth, but the wealth wouldn’t affect the people’s…
Undeveloped infrastructure deterred the establishment of luxury resorts and mass tourism. Water and power outages struck at any time and lasted for days, and food options varied. …
I wasn’t interested in politics, economics, or geography in my early twenties, but when I moved to Barcelona in 2004, Bush W. waged war on Iraq. Anti-American sentiments raged throughout Spain, and the enormity of US intervention prompted protests in nearly every major European city. …
Usually, financial donations award donors with tax breaks and virtuousness, but when governments submit charity to private businesses, the public’s distress and taxes tend to increase. …
Perpetually working to pay debts to afford existence suffocates living. We sell our time to buy our survival and spend most of our lives worrying about life’s future price. Financial stress negates the freedom to experience life, yet we accept the burden as if there’s no other option, and we…
Billboards hovering above the potholed highways advertise fast emotions and useless products while the homeless sleep beneath the overpass. Dreams are for sale everywhere, and we look, but we can't touch nor own them. …
We would know capitalism is the only socio-economic structure we should fear if we didn’t learn history through a pro-capitalist framework. The system elicits slavery, indigenous genocide, imperialism, wars, fascism, exploitation, consolidation of power, alienation, environmental degradation, and most of the world’s brutalities, but we only address its financial advantages.
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