We talk to Simon Dixon of BnkToTheFuture.com about banking’s future. We ask him: why not get rid of banks? Dixon believes a world without the current banking infrastructure – from traditional banks to venture capitalists – is possible thanks to…
BuzzFeed News has just published a hard-hitting, extremely sickening investigative report which shines further light on the shady and unethical practices of Warren Buffett. A man who I have often referred to as the greatest American actor alive for his uncanny…
Many well-intended people want to reform the status quo for all sorts of worthy reasons: to reduce wealth inequality, restore democracy, create good-paying jobs, and so on. All these goals are laudable, but if we don’t change the way money…
We talk to Professor Steve Keen about solutions to our unpayable debts, including: basic income, a People’s Quantitative Easing and a global debt jubilee. Professor Keen explains why a modern debt jubilee could please both debtors and creditors, savers and…
A newspaper is a device for making the ignorant more ignorant and the crazy crazier. – H.L. Mencken The saga surrounding American oligarch Sheldon Adelson’s purchase of Las Vegas’ largest newspaper, The Review-Journal, is turning into a murder-mystery of sorts, with the…
What’s abundant and what’s scarce? The question matters because as economist Michael Spence (among others) has noted, value and profits flow to what’s scarce.What’s in over-supply has little to no scarcity value and hence little to no profitability. What’s abundant…
Long time Liberty Blitzkrieg readers will be well aware of the fact that I’ve never gone through one of the TSA’s ridiculous and completely pointless naked body scanners. Whatever shred of human dignity an American citizen has left is relinquished the moment one consents…
The world of work has changed, and the rate of change is increasing. Despite the hopes of those who want to turn back the clock to the golden era of high-paying, low-skilled manufacturing jobs and an abundance of secure service-sector…
Russia Gold “Buying Spree” Continues – Buy 22 Tons In November – Russia adds another 700,000 ounces (22 tonnes) to gold reserves in November – Russian ally Kazakhstan increased gold reserves for 38th month to 7 million ounces – Russia…
At 23-years old, Pete Seeger was an Army Private anxiously awaiting the opportunity to be deployed to fight fascism in the midst of World War II, when he became outraged by injustice in his own backyard. As such, he wrote the following letter…
We begin a Winter Why Not series looking at radical ideas for extraordinary economic problems. First up, Max interviews Scott Santens about a universal basic income for all.
In traditional feudal systems, serfs were the landless peasantry who worked the land of their feudal lords in exchange for protection. In our present-day neofeudal system, serfdom has a different definition: present-day serfs own little or no productive capital and have…
Something that is often overlooked in our indictment of the corrupt status quo, is that one of the main reasons crony politicians and rapacious multinational corporations are able to so seamlessly pull off their unethical schemes is that a large…
The United States and its allies are responsible for completely destroying Libya, perhaps the richest country with a highest standard of living in Africa, an American journalist and political analyst says. Read more: US totally destroyed Africa’s wealthiest country Libya
Through means I am unable to disclose, I have obtained a copy of the Devil’s Christmas letter. Yes, Satan too sends a Yule letter, and no, I was not on his mailing list. I think Satan’s Holiday cheer should give…