Category News

Egads! It can’t be! Capitalism’s dead

T-1000, the self-reconstituting cyborg from Terminator II So, socialism, finally. This has got to be up there with the most unlikely developments of the epoch. After the collapse of planned market economies everywhere, the right’s trouncing of the left, the…

Zimbabwe collapses, abandons their currency

Zimbabwe currency in happier days Eventually, you can’t just keep adding zeros to your currency. Zimbabwe, whose central banker recently defended the company’s currency actions, will let its citizens use currency from other countries. Inside a Failed State – Zimbabwe,…

Shame on Wall Street

Photo: “Capitalist Pig” by planetgordon on Flickr President Obama today said it was “the height of irresponsibility” for financial corporations to have doled out $18 billion in bonuses to their employees in a year when many banks shed jobs and…