Featured Blog Posts – May 2016 Archive (4)

However we vote, the elites will win the EU referendum - Irvine Welsh

This article from the Guardian puts the referendum into perpective.

However we vote, the elites will win the EU referendum

The exultation of referendums is one of the indicators that we’ve lost confidence, not only in politicians but also in the democratic capabilities of our political system. It’s an acknowledgment that, in this epoch of elites and corporate power, these…


Added by joe taylor on May 30, 2016 at 20:56 — No Comments

How to Save Capitalism from the Capitalists: From Loom-Smashing to the Universal Basic Income - Rutger Bregman

In 1990 the techno-prophet Ray Kurzweil predicted that a computer would even be able to outplay a chess master by 1998. He was wrong, of course. It was in 1997 that Deep Blue defeated chess legend Garry Kasparov. The world’s fastest computer at that time was the ASCI Red, developed by the American military and offering a peak performance speed of one teraflop. It was the size of a tennis court and cost $55 million. Fifteen years later, in 2013, a new supercomputer came on the market…


Added by joe taylor on May 28, 2016 at 8:49 — 1 Comment

Who is Creating the Future Nobody Wants? - Joe Brewer

Here’s an amazing fact: It’s 2016 and humanity is collectively moving toward a future that nobody wants. We are literally going somewhere that will hurt every single one of us.

Mass extinctions are terrible things. Impoverished societies create the conditions for radical extremism and violence. Depleting top soils create food insecurity and mass starvation. Debt-bloated economies become unstable and easily collapse.…


Added by joe taylor on May 26, 2016 at 9:00 — No Comments

How Wall Street is choking our economy and how to fix it

Rita Foroohar is assistant managing editor at TIME and the magazine’s economics columnist. This article appears in the May 23, 2016 issue of TIME. It's well worth reading in full

A couple of weeks ago, a poll conducted by the Harvard Institute of Politics found something startling: only 19% of Americans ages 18 to 29 identified themselves as “capitalists.” In the richest and most market-oriented country in the world, only 42% of that group…


Added by joe taylor on May 18, 2016 at 9:46 — No Comments

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