Category: Aggregated

Whatever else may be said about Marxism, it provided (for those who needed it) an eschatological philosophy in a post-religious world. It served more than one psychological purpose: It gave those who adhered to it the comforting feeling that they understood the inner or hidden workings of the world; that they were far superior in this understanding to those who did not adhere to it; and that they were participating in something far bigger than themselves. In short it gave them a sense, or illusion, of transcendence. But though many Marxists claimed that the downfall of the Soviet Union did … Continue reading →

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It is hardly a secret that Pope Francis opposes the free market. On what grounds does he do so? Do any of these grounds have merit? What are the sources of his ideas? How similar are his views to those of previous Popes? These are among the questions addressed by the contributors to this important book. The Pope maintains that the free market encourages the false ideology of “consumerism.” People under capitalism want more material goods, but their pursuit ends not in happiness but in futility. Robert M. Whaples, the editor of the volume and Professor of Economics at Wake … Continue reading →

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Renowned global investor Marc Faber predicts that more money will be made in Indian stock markets in the next 10 years that equities in the United States. In an interview to ET Now, Dr Doom on Monday said that Indian markets are still attractive as compared to peers. Further, the veteran investor said that he will not sell stocks on the back of the PNB scandal. While the ongoing turmoil has affected the Indian stock markets as well, Marc Faber says that the market correction is not very serious as yet. Amid fears of a global trade war, especially after … Continue reading →

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Russia’s Embassy in London has sent a list of 14 questions to the UK Foreign Ministry, demanding that it reveals details of the investigation into the nerve-agent poisoning of former double agent Sergei Skripal and his daughter. The questions, provided in full below, include a demand to clarify whether samples of the nerve agent А-234 (also known as “Novichok”) have ever been developed in the UK. The embassy’s statement calls the incident that started the recent diplomatic row a “fabricated case against Russia.” 1. Why has Russia been denied the right of consular access to the two Russian citizens, who came to … Continue reading →

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I’ve written before about low-cost, simple vehicles the car companies aren’t allowed to sell here because they don’t conform to the various edicts issued by the federal government regarding emissions (defensible, within reason) and saaaaaaaaaaaaaafety (indefensible, period – as the government has no legitimate basis dictating such a thing to supposedly “free” adults). Well, here’s one you can at least buy – and it’s legal to own it, too. No government SWAT teams will descend for having one in the garage. It’s the $15,540 Mahindra Roxor. It’s basically a rebooted ‘70s-era Jeep CJ, which means it’s a rugged, simple 4×4. It features heavy duty body-on-frame construction, … Continue reading →

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Nothing stays the same in dynamic systems, and it’s inevitable that the current glut of low costs / cheap stuff will give way to scarcities that cannot be filled at current low prices. One of the books I just finished reading is The Fate of Rome: Climate, Disease, and the End of an Empire. The thesis of the book is fascinating to those of us interested in the rise and fall of empires: Rome expanded for many reasons, but one that is overlooked was the good fortune of an era of moderate weather from around 200 BC to 150 AD: rain was … Continue reading →

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Nobody knows, from sea to shining sea, why we are having all this trouble with our republic. — Tom McGuane Can a people recover from an excursion into unreality? The USA’s sojourn into an alternative universe of the mind accelerated sharply after Wall Street nearly detonated the global financial system in 2008. That debacle was only one manifestation of an array of accumulating threats to the postmodern order, which include the burdens of empire, onerous debt, population overshoot, fracturing globalism, worries about energy, disruptive technologies, ecological havoc, and the specter of climate change. A sense of gathering crisis, which I call the … Continue reading →

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A new docuseries has popped up on Netflix and it’s all the rave right now. It chronicles the story of Osho’s commune that was built in Oregon back in the 80’s and all of the wonder, spirituality and…  shocking things that went on there. This article isn’t a hit piece, it’s not a piece casting judgement, it’s simply one where we’re going to observe a few basic points that I have been drawing attention to for many years. I feel they are more relevant today than ever before. I’m also going to share what I believe is the MOST IMPORTANT take away … Continue reading →

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John Bolton’s appointment as national security adviser to President Donald Trump is the latest blow to hopes for a less confrontational U.S.-Russia relationship that would include new talks on arms control. Mutual trust is now hanging by a very thin thread. One wag suggested to me that the Bolton appointment should not really come as a surprise, since it fits the recent Washington pattern — if White House chaos can be considered a pattern. For Kremlin leaders, though, White House zig-zags are no laughing matter. Let’s try to put ourselves in their shoes and imagine how the unfolding of recent events may … Continue reading →

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The Cambridge Analytica scandal put Facebook through the wringer in recent weeks, losing the company $100 billion in stock value and prompting a global debate on internet privacy. The social media giant was forced to apologize and overhaul its privacy and data sharing practices, but it still remains in the media spotlight and in the crosshairs of the Federal Trade Commission, which says it may be liable for hundreds of millions of dollars worth of fines. But amid all the furor, one monolithic entity has continued to harvest data from billions of people worldwide. The data gathered includes a precise log of … Continue reading →

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There was something refreshing about watching former French president Nicholas Sarkozy being interrogated in a French jail.   Particularly since he may soon be accused of conspiracy in the murder of my old friend, Col. Muammar Khadaffi of Libya. Sarkozy and his former chief of staff, Claude Guéant, are being investigated for secretly accepting at least fifty million Euros from Khadaffi for his 2007 electoral campaign.  Such a payment violated France’s maximum permissible limit for political donation, not to mention a ban on foreign financing of candidates and failure to report the payments.  Sarko also faces investigation over secret payments from … Continue reading →

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