Viewing profile — pastProlog

Fortune's Global 500 top 10 is: Walmart $482B in revenue a year State Grid $329B China Natural Petroleum $299B Sinopec $294B Shell $272B ExxonMobil $246B Volkswagen $236B Toyota $2…

Trump is appointing the daughter-in-law of Amway's founder to run the Department of Education. No surprise, she sees it as a money-making (charter school) opportunity for corporati…

> The entire concept of fiat currency is abstraction Then why does the US still maintain over 8000 tons of gold at Fort Knox and elsewhere, 45 years after closing the gold window? …

One of the great men of the twentieth and twenty-first centuries. That he will be vilified by the soon-to-be-led-by-Trump empire to his north, and Cuba's old idle class, which now …

> It seems reasonable to argue that bail-outs for banks amid broad woes for workers led to a loss of confidence in the system. Well that's one thing. We were told abolishing Glass-…

> The 'idle' class is not actually 'idle', and if they are then usually their parents were not 'idle' Heirs who do not work and live off the profits of worker's labor are idle. Cer…

> Perhaps it is something like this: Each of these millions sees that he can thus exchange his tiny know-how for the goods and services he needs or wants. If everybody is working i…

One thing missing from the list: a real worker's movement that is threatening to the wealthy. People remember the Russian Revolution toward the end of World War I, what they tend t…

> free trade Who said TPP had anything to do with free trade? Various powerful interest groups lobby and shove economic capture for themselves into these deals, transferring power …

One person who has been clear-headed about this for weeks is Michael Moore. Michigan and Wisconsin were supposed to be in the bag for Hillary, but that looks like where the surpris…

Many of the people on HN are in their twenties, some of us are slightly older. In 1963, the Ku Klux Klan bombed a black church in Birmingham and killed four little girls, because t…

Far down in this article, Apple co-founder Rod Holt explains what he thought it was about Steve Jobs that put him into the vanguard. http://louisproyect.org/2015/08/28/steve-jobs P…

One reason the Industrial Revolution happened in northern England is manor lords began seizing the land that belonged in common to the peasants and enclosing it. Newly impoverished…

Putting aside who is better, Trump or Clinton - Clinton and the DNC establishment support National Security Letters, NSA spying, PRISM, Echelon, the idea that if you're not doing a…

During the 2008 recession, Monthly Review put together some scary 1960-2008 charts on economic indicators not mentioned in this article ( http://monthlyreview.org/2008/12/01/financ…

From 1933 to 1953, the Democratic party held the presidency in the United States. Twenty years out of power is said to have been one of the factors leading to McCarthyism. McCarthy…

> Battery technology is a lot like bitcoin and gold in that once it is manufactured, users are not dependent upon a state controlled centralized network for it. Gold is just a comm…

> they should not be forced to join the union (with whom they disagree) just to be able to provide for their families. But you're obviously OK with people being forced to join corp…

Maduro was elected president. There's no vote upcoming, just yet another recall referendum, this one which failed to get going in the courts. Honduras on the other hand had an elec…

> the effective kind of cocky/jerk behavior that works well with some women Some guys come to think that they are not cocky/jerky, but other guys are, and that this behavior "works…

> I don't understand how 43% of the country supports Trump. I don't understand how 43+% of the country supports Hillary. A lot of what Trump says makes sense to me - questioning wh…

Cambodia had a monarchy and stability (relative to its neighbors), but Sihanouk refused US requests to get involved in the Vietnam war, so the US began a campaign to destabilize th…

> I don't see any fundamental change in scarcity in the last few years. I do. There have always been economies of scale, but the first shipment of Call of Duty costs tens of millio…

> most people tend to be mediocre As the article points out, most jobs are mediocre. Good work is not appreciated, a company can't form a team that works normal hours and uses test…

> the bias here in SV against conservatives can even be considered a form of classism Conservatives want to abolish estate taxes, which would entrench the class system of workers v…