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  • Summary of the Book
    • Introduction to the Summary of the Capitalism Revealed
    • The $79 Trillion Heist
    • Intensified Insecurities
    • Other Problems with Capitalism
    • Why Orthodox Economics Is Not Useful
    • The Most Successful Social Movement
    • Financialization
    • Financialization of Corporations
    • Money
    • The Financial Sector
    • Conclusions
    • Addenda
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Update Capitalism Key Features

American Compass – their conservative economics get it right, mostly

December 5, 2024 Mark Orton 0

American Compass is a self-described think tank for conservative economics. From its Mission Statement page: “We are developing the conservative economic agenda to supplant blind […]

Competitive Capitalism – long dead in the US

November 17, 2024 Mark Orton 0

A key part of the description of capitalism in orthodox (neoclassical) economics, and our political rhetoric, is the role competition between companies plays in keeping […]

Wealth Concentration and the Environment – a new concern

October 28, 2024 Mark Orton 0

Much is made here and elsewhere of the extreme concentration of wealth in the top 1% of the world’s population (63 million people) and perhaps […]

Being a manager and the Trump boys

November 3, 2023 Mark Orton 2

This week’s fraud trial appearances by the Trump boys, Don, Jr. and Eric, Executive VP and Executive VP of Development and Acquisitions respectively in the […]

Google celebrates its 25th birthday. Should we light a candle too?

September 4, 2023 Mark Orton 0

Google turns 25 today. It has a surprisingly benign public image. Google describes its mission as: “Our mission is to organize the world’s information and […]

The Glory of Our Food – on the back of farm workers – more from John Oliver

April 19, 2023 Mark Orton 0

Only the oldest amongst my readers will remember Edward R. Murrow’s 1960 CBS TV report Harvest of Shame (opens CBS channel on YouTube) that reported on […]

Wealth & Poverty course from Robert Reich – UC Berkeley

April 6, 2023 Mark Orton 0

Reich is offering an online course, “Wealth & Poverty”, that started today. I watched the first lecture, “What Happened to Income and Wealth?” Looks like […]

Video Post: The Monopolization of the Economy and Zephyr Teachout’s “Break’Em Up”

October 27, 2020 Mark Orton 0

monopoly, antitrust, trust, economy, US economy, Zephyr Teachout, Break’em Up, competitive markets, monopoly market, economic concentration, big tech, chickenization

Nobel Prize Winners Critique Markets – Duflo and Bannerjee

October 27, 2019 Mark Orton 0

Nobel Prize winners Duflo and Bannerjee take on idealized views of markets. They target the role of financial incentives, markets as self-correcting, efficient and ethically sound.

Recently Noted – Robert Reich on breaking up Big Tech – a limited view

June 26, 2019 Mark Orton 0

Robert Reich is continuing his series of brief YouTube videos on progressive view of the economy. This is a good introduction to the arguments for […]

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