This is the era of global free market oligarchs. Most people reserve this term for Russian oligarchs. This word does not exclusively pertain to Russia. ‘Oligarch’ simply means being a business magnate with sufficient resources and power to influence national or even global politics. As capitalism grew out of the…

Neoliberal economists and their precious equilibrium lied to us. They said everything will be alright and all problems will be solved at the market equilibrium. Clearly, that's not the case. The fact that something is mathematically correct doesn’t mean that it is right. As usual, I want to rant about…

I have a graveyard of dead hair clippers. I am keeping them as souvenirs, an exhibit of the wastages abundant in our 21st-century capitalistic economy. I bought cheaper ones, and I bought expensive ones. They are all designed to fail sooner. The most expensive one cost 4 times as much…

“I am not a Superhero; I can’t save the world, but I wouldn't do it if I had a choice” so goes the lyrics from performing artist Tommy-Lee Sparta. Of course, he is not a Superhero. But he has the potential to be a Super Villain. Why wouldn't he save…

Not many have realized this. Capitalism is failing to survive without the presence of an increasingly big government to underwrite the existence of capitalism and bail out capitalism when it runs into a crisis. The ratio of government spending as a percentage of GDP shows us how big the government…

The world population is still increasing but is headed for a collapse. UN estimates say the global population will peak at 11 billion and then start dropping. More solid estimates say it will peak at 9 billion and collapse thereafter. A 10 billion peak can be generally agreed upon. The…

When capitalism in its modern version fails, bailouts kick in. Losses are socialized whilst profits and gains are privatized. This is a crisis of capitalism. It cannot sustain itself without resorting back to socialism. Under true capitalism, both profits and losses should be privatized. There would be no bailouts whatsoever…

This is the elephant in the room. It is a fact that black people have been stuck at the bottom of the economic ladder due to structural…

Inflation is running amok. Food and energy prices are devastating to consumers. In the UK, they are referring to this as the “Cost of Living Crisis”. The term ‘crisis’ is correct. It is a crisis. However, this is not just a cost-of-living crisis, it is a crisis of capitalism. The…