Naked Capitalism is my supreme go to site. Yves is my hero. She kicks the ball into play and commenters run with it with a more than usual input of ideas and discussion of them among themselves. It is a joy to follow the thread of comments. Intelligent, thought provoking.
This might be one of the best balls of the year that Yves has kicked into play:
Why is None Fighting the New Robber Barons?
A great number of the Naked Capitalism regulars have contributed to the discussion of the Bill Moyers interview of historian Steve Fraser that she prefaced with an introduction. Yves followed the discussion and contributed to it as well. Excellent stuff.
Bill's full interview of Steve Fraser is here.
Absolutely the best stuff!
I only wish that there had been more focus on Ben Johannsen's comment:
"Free-market religion cannot be shaped to serve the interests of the
people without effectively enshrining it. This religion must be torn
out by the roots, not by tinkering with tax rates. The good news: the
insights needed for doing so already exist, and they begin with the
State Theory of Money."
"Where does produced wealth come from? It is created socially and then
appropriated for private use. Government and its sovereign currency
must exist before private entities can coordinate to produce abundance.
The collective political entity is the maker and individuals are always
and everywhere the takers."
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