Traditional capitalism is dead. It has been for a while. As far as the really big money and power is concerned, the traditional industries, manufacturing, construction, and transportation, with their long-standing tension between capital and labor, were replaced by finance beginning in the 1980s. Finance is an interesting “industry” because, for all its self-importance, obscene … Read more
Something seems to have broken with capitalism. Albert Edwards Albert Edwards is an economist for the Societe Generale investment bank. He is concerned that capitalism is no longer working as it should. During a time of a slowing economy – with higher commodity prices and a labor shortage (as during the 4th quarter of 2022) … Read more
Ye have heard that it hath been said, Thou shalt love thy neighbour, and hate thine enemy.But I say unto you, Love your enemies, bless them that curse you, do good to them that hate you, and pray for them which despitefully use you, and persecute you;That ye may be the children of your Father … Read more
At the end of the Sunday Morning session of the April 2023 General Conference, LDS Church President Russell M. Nelson expressed concern about the loss of civility and decency in the world. Civility and decency seem to have disappeared during this era of polarization and passionate disagreements. Vulgarity, faultfinding, and evil speaking of others are … Read more
The “Golden Rule” is often considered to be a one sentence summary of what Christianity is all about. Therefore all things whatsoever ye would that men should do to you, do ye even so to them: for this is the law and the prophets. Matthew 7:12 Jesus said this in the context of promising that … Read more
While shopping three days before Christmas, I saw a group of 3 or 4 young men walk by a large display of Christmas wrapping paper that was on sale. One of them said, gleefully, “I’d like to take all the Democrats and wrap them all up in a ball and throw them away!” I was … Read more
Many Americans will be basing their voting decisions this year on strongly held beliefs that are complete nonsense. Don’t misunderstand me. I am not saying that voters are stupid. I am saying that they often don’t do their homework thoroughly and are therefore easily deceived by simplistic slogans, false conspiracies, and fake outrage. Even worse, … Read more
The Republican Party has encouraged and exploited bigotry, extremism, and paranoia for decades. They have done this deliberately and unashamedly in order to acquire and keep power (and gain). Rather than present practical, useful, well-considered, policy proposals to better the lives of the American people, they have found it much easier to attract votes by … Read more