Tag Archives: economy

  Since the early 1980s, economic growth has increasingly been driven by financialization in the West – the replacement of industrial activity by financial trading. Traders like financial mogul and hedge-fund investor, George Soros, who has been called the world’s most famous investor, have greatly benefitted from financialization. Gangster Capitalism and Soros: Soros explains in his famous 60 Minutes interview …

   In a time where the West is entering an age of socialist totalitarianism, the message of the famous economist Milton Friedman may be revisited. In 1993, he published a groundbreaking essay on “Why Government Is the Problem,” pointing out that the influence of special interests often ends up overruling the interests of the people. As politicians and bureaucrats become …

  The West has departed from its traditional beliefs in Christian ethics. Western capitalism has followed the same path, abandoning its Protestant ethic. As a result, capitalism is transformed into an amoral, atheist system of ethics that legalizes selfishness, an economic order in which there are no constraints on selfishness, greed and deceit. The cancelling of the Protestant ethic has …

  Hanne Nabintu Herland’s The Billionaire World: How Marxism serves the Elite (2023) is a vital book that will help you understand what is going on in the world today.  It will also help you to defend capitalism against objections that are all-too-common today, writes founder and president of the Mises Institute, Llewellyn H. Rockwell Jr. The article first appeared at …

  Nouriel Roubini, a former advisor to the International Monetary Fund and member of President Clinton’s Council of Economic Advisors, was one of the few “mainstream” economists to predict the collapse of the housing bubble. The Nouriel Roubini warning: Now Roubini is warning that the staggering amounts of debt held by individuals, businesses, and the government will soon lead to …

  Herland Report TV host, Hanne Herland speaks with Reginald Davis about the war on the working class, how drug culture, poverty, eroding civil liberties and the rampant moral crisis in modern America serves the goals of the elite. “The ruling elite have to try to get the masses to believe that their ideology is right, that they are at …

  The Social Security Administration just released national wage statistics for 2022, and the figures that they have given us do not paint a pretty picture at all. Middle Class Crisis in America:  In particular, we should all be deeply alarmed that the median wage earner brought home just $40,847.18 last year.  That breaks down to about $3,400 a month, …

  Digital Currency: The new digital currency will make trackable every transfer of money to family, charities, friends, clients. The nation’s central banks who issue the virtual money will have total control over how you spend it. Big Brother will, in other words, control your wallet every hour of every day.  “You will not be able to buy a stick …

  A study of requirements for the optimal functioning of Capitalism quickly uncovers the need for a strong focus on trust. This applies to economics on the micro level as well as the macro perspective. Trust is one of the ethical principles that make the difference between constructive and self-destructive operation in profit-driven financial businesses. In cultures where social development …

  Globalist capitalism, the economic system that became dominant since the 1980s, fundamentally deviates from historic capitalism. It is heavily influenced by the Marxist revolt against traditional virtues. In my new book, The Billionaire World. How Marxism serves the Elite, I point out that this is key as the rebellion against historic capitalism and its ethical standards, creates an moral …