greed
helping the super-rich avoid tax
Submitted by antarchi on December 21, 2008 - 13:15Over a quarter of the world’s tax havens are British property. More than half of Britain’s colonial territories and dependencies are tax havens. Strip out Antarctica, the military bases and the scarcely-habited rocks and atolls, and of the 11 remaining properties, only the Falkland Islands is not a recognised haven. The obvious conclusion is that Britain retains these colonies for one purpose: to help banks, corporations and the ultra-rich to avoid tax.
subsidies for the rich
Submitted by antarchi on March 11, 2012 - 11:23- Login to post comments
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wall street and the people
Submitted by antarchi on March 11, 2012 - 11:19- Login to post comments
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winners take all
Submitted by antarchi on March 11, 2012 - 11:13- Login to post comments
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the 99%
Submitted by antarchi on February 18, 2012 - 00:42
The Congressional Budget Office confirms that the top 1% has tripled its income since 1979, while the upper middle class has increased its wealth much more modestly, and the rest of the country has seen only a small gain.
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you have to be a greedy capitalist
Submitted by antarchi on November 13, 2011 - 00:59What's capitalism supposed to be? Yeah, it's crony capitalism. That's capitalism, you do things for your friends, your associates, they do things for you, you try to influence the political system, obviously. You can read about this in Adam Smith. If people read Adam Smith instead of just worshipping him, they could learn a lot about how economies work. So, for example, he's concerned mostly with England, and he pointed out that in England, and I'm virtually quoting, he said the merchants and manufacturers are the principal architects of government policy and they make sure their own interests are well cared for, however grievous the effects on others, including the people of England.
Yes, it's their business. What else should they do? It's like when people talk about greedy capitalists, that's redundant. You have to be a greedy capitalist or you're out of business. In fact, it's a legal requirement that you be a greedy capitalist and that you don't pay attention to what happens to anyone else.
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