The Capital-Labor Duality

True Capitalism vs. Sociopathic Corporatocracy. In a capitalistic society, nothing else can survive if the society is not able to preserve the most essential pillar of the value creation process: the duality between capital and labor. This is not about fighting for labor rights or shareholder rights. It transcends all that myopic drama and noise. This […]

Fiat Currency Graveyard: A History of Monetary Folly

This article has been moved to the Gini Foundation website. The Gini Foundation is focused on building cryptographically secure technologies that protect human rights, provide a sustainable monetary system, and maximize the broad-based wealth-generating potential of real-world commerce.

This Is How Democracy Dies

Self-Censorship Destroys Accountability and Democracy. A free society and a free press are required to protect citizens from government and corporate tyranny. But when five gigantic corporations own and control the vast majority of all media and news companies throughout a country, journalists have no meaningful freedom to report on facts and citizens have no […]

Do You Need More Proof?

This article is a follow-up to Is U.S. Foreign Policy Controlled by Corporations? No matter how much evidence you present to some people, they still cannot escape their propaganda bubbles. So, this article provides years’ worth of high-quality reading material for anybody who doubts the credibility of anything in any of the articles or books at […]

Is U.S. Foreign Policy Controlled by Corporations?

In the Beginning. . . American foreign policy has been an influential driver of global economic and geopolitical affairs for over two centuries. After the ratification of the U.S. Constitution in 1788 and throughout most of the 19th Century, the nascent U.S. Government was primarily focused on consolidating its geographical borders and political power within […]

Economics, Cryptocurrencies, & Politics

Ancient Roots. The interdependent fields of modern Economics and Political Economy today are the result of thousands of years of accumulated economic ideas and philosophical inquiry, dating all the way back to Ancient Greece when Hesiod wrote about the earliest known economic ideas in his poem, Works and Days (circa 750 to 650 BC). Later, […]

Meet the Real Adam Smith

Most people have never read Adam Smith’s book, The Wealth of Nations; and far fewer have read the complete, unabridged version, which exceeds 1,100 pages. This is understandable considering the 100s of pages that Smith devotes to mundane topics like exchange rates, corn production, purchasing power parity, labor wage rates, the virtues of the division […]

Economic Liberalism vs. Political Liberalism

To avoid political and ideological confusion and to ensure that our analysis remains as objective and politically neutral as possible in the articles and books I write, it’s important to understand that the adjective “neoliberal” is primarily an economic classification, not a political classification. Thus, the “new economic liberalism” (“Neoliberalism”) that began to dominate global […]

Classical Liberalism vs. Neoliberalism

The difference between “Classical Liberalism” and “Neoliberalism” is confusing to many people; so, let’s briefly summarize these terms and some of the people and ideas associated with them. Classical Liberalism Was Rooted in Humanism. In the field of Economics, “Classical Liberalism” typically refers to the body of socioeconomic scholarship of Adam Smith (a “classical liberal”) […]

Neoliberal Case Study: Chile

This article was originally in my recent book, GINI: Capitalism, Cryptocurrencies, and the Battle for Human Rights. However, some people said it was too data-heavy for the book’s general audience. So, this article now lives here. (Note: “Neoliberalism” is an economic philosophy that has nothing to do with political Liberalism. So, this is not a political article. If you’re not […]