"Saving Capitalism from Itself"
BY BERNIE SANDERS in the New York Times: WALL STREET is still out of control. Seven years ago, the Federal Reserve and the Treasury Department bailed out the largest financial institutions in this country because they were considered too big to fail. But almost every one is bigger today than it was before the bailout. If any were … Continue reading Bernie Sanders: “To Rein In Wall Street, Fix the Fed”
Phil Kotler’s latest article in FORTUNE asks us to ask more questions. In the last Republican TV debate, Wall Street Journal editor-in-chief, Gerald Baker, put the following question to presidential candidate Rand Paul: “Income inequality has been rising in the United States. Fifty years ago, for example, the average CEO of a big corporation in this country earned … Continue reading FORTUNE: What the Presidential Candidates Are Failing to Address About CEO Pay
The Econ4 network of teachers, professors, practitioners, students and others are working to shift how economics is understood, taught and practiced. We’re now launching a video contest to crowdsource as many short, 3 minute videos about “Greed” as possible. We will distribute many of these across our network and beyond. The contest is patterned after the … Continue reading CALL FOR ENTRIES: Greed! A Video Contest from Econ4
Richard Gunther, Ohio State University On November 3, Ohio voters approved by a margin of 71% to 29% a constitutional amendment that will greatly reduce, or even eliminate, the gerrymandering of state legislative districts beginning in 2021. Ratification of Issue 1 by the voters followed its approval by bipartisan votes of 28-1 in the Ohio … Continue reading Ohio strikes blow against gerrymandering
Corpocracy is the absurd reality of our society in which corporations and their interests are allowed to have dominance over the economic and political systems. Through the subversive imagination, the artist works toward a transformation of social consciousness. WATCH: The show features 13 artists including, Beehive Design Collective, Michael D’Antuono, Ron English, Clark Fox, Kenneth … Continue reading VIDEO: Corpocracy – at the Station Museum of Contemporary Art
by Jon Queally, staff writer – CommonDreams.org An independent investigation by journalists featured in the New York Times on Sunday offers an in-depth look at the way American corporations have used the inclusion of “arbitration clauses” within consumer contracts to strategically circumvent judicial review of their behavior and immunize themselves from class action lawsuits –”realistically the only tool citizens have to fight … Continue reading Corporate America’s Plan to ‘Misbehave Without Reproach
Janet Napolitano, University of California, Office of the President In this presidential election season, one thing is certain: candidates will rarely – if ever – be asked what they would do to keep this nation at the forefront of science and innovation. That’s a shame. The public dialogue about science is perhaps the most vital … Continue reading Janet Napolitano: Why more scientists are needed in the public square
Packard Jennings is the nicest revolutionary you’ll ever meet. Polite and soft-spoken, he’s as self-effacing as they come. And yet this is the man who is one of our hyperconsumerculture’s sharpest critics, using “appropriation, humor, and interventionist techniques to explore the dynamics of public spaces, and to address political and corporate transgressions against public interest.” Jennings got … Continue reading The Real Revolutionary: The Art of Packard Jennings
Yoshua Okón was born in Mexico City in 1970 where he currently lives. His work has been described as “a series of near-sociological experiments executed for the camera, blends staged situations, documentation and improvisation and questions habitual perceptions of reality and truth, selfhood and morality.” Okón challenges the assumptions we make as so many of us live our lives … Continue reading Questioning Reality: Yoshua Okón’s Videos of Alienation
Clark V. Fox (aka Michael Clark), the “Godfather of modern underground art,” started making art full time in Houston, Texas at age 5 and has never slowed down since. “Art chose me: I’m an American Indian, and Indians make stuff. My father carved. My mother painted. when I was five, I’d go up and down the … Continue reading The Struggle Against Joyless Materialism: The Art of Clark Fox
Social practice is an art medium that focuses on social engagement, inviting collaboration with individuals, communities, and institutions in the creation of participatory art. For artist Kenneth Tin-Kin Hung, social practice meant taking on the very foundation of capitalist society – money. Running out of money? What’s an artist/entrepreneur to do? Why not make like the Federal … Continue reading Make it Rain (∄MIR): The Social Practice of Kenneth Tin-Kin Hung
Ron English is a troublemaker, an outlaw artist. His almost-spiritual attack on corporate billboards and their consumerist messages have won him the admiration of the public across the world. POPaganda: The Art and Crimes of Ron English is a documentary that captures English at his best (and worst?). Do you want to know why Joe Camel is no … Continue reading POPaganda: The Art and Crimes of Ron English
David Cobb’s latest on We the People, Not We the Corporations, is up on our Huffington Post FIXCapitalism channel. Read the article, and watch this interview below:
House Joint Resolution 29 introduced February 14, 2013 Section 1. [Artificial Entities Such as Corporations Do Not Have Constitutional Rights] The rights protected by the Constitution of the United States are the rights of natural persons only. Artificial entities established by the laws of any State, the United States, or any foreign state shall have no rights under this Constitution … Continue reading Move to Amend’s Proposed 28th Amendment to the US Constitution
This course is an economic history of what happened to ordinary American people and families from about 1930 to 2010. From the late 1940s to about 1980 ordinary people and families in the United States enjoyed a tremendous increase in their prosperity and quality of life, especially when compared with the conditions that existed during … Continue reading Free Online Class: “The Creation and Destruction of the Great American Middle Class (1930-2010)” with Professor Stanley Stasch
People often ask me: “You are known as a marketing guru. Yet you just published a book called Confronting Capitalism. How is it that a marketing expert is writing about Capitalism?” I usually give two answers. First, I am a Ph.D. economist and I have spent many years studying how markets and marketing works. Marketing … Continue reading Phil Kotler on the Relationship between Marketing and Capitalism
We’ve just begun a partnership with Huffington Post – and we invite you to join us. It’s worth repeating why we’re doing this: Capitalism must evolve to serve the needs of all citizens, not just the very affluent. Our goal is to discuss the 14 Shortcomings of Capitalism and systematically analyze the problems and potential solutions. … Continue reading Our Partnership with Huffington Post – Join Us!
Hedrick Smith is a Pulitzer Prize-winning former New York Times reporter and editor, and Emmy award-winning producer/correspondent. He has won most of television’s top awards including two Emmys and two Dupont-Columbia Gold batons for the best public affairs programs on U.S. television in 1991 and in 2002. His current best-seller, Who Stole the American Dream … Continue reading WATCH: Hedrick Smith on Who Stole the American Dream?
Since the Japanese Quality Revolution of the 1970s and 80s, companies have been obsessed with hearing and incorporating the “Voice of the Customer” into their management systems and processes. Many still struggle to incorporate this elusive voice effectively–to be truly customer driven. Indeed, many firms are still on the journey to learn how to “build … Continue reading Listening to the Voice of the Planet
Raj Sisodia is a leading figure in the Conscious Capitalism movement – he is the FW Olin Distinguished Professor of Global Business and Whole Foods Market Research Scholar in Conscious Capitalism at Babson College in Wellesley, MA. He is also Co-Founder and Co-Chairman of Conscious Capitalism Inc. Let’s begin by asking: what is a conscious business? … Continue reading What is a Conscious Business? An Interview with Raj Sisodia
… then I don’t know what is. Monsanto’s U.S. market share is 90% in soybean and 80% in corn seed sales (Dan Mitchell, Fortune). In the same article, Larry Robbins of the Glenview Capital hedge fund goes further and says Monsanto has “perpetual local monopolies.” They tie farmers to contracts for life. The Monsanto case is a perfect illustration of at … Continue reading If 90% Market Share Isn’t a Monopoly …
