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A World Chock Full Of Corporate Concentration

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In: economics, featured, Government, latest post, politics, power, social media

For many decades, America has been the cultural Capitol of the world. The super power led the way via popular culture – movies, music and celebrities pumped out an influential message across the globe. Corporations quickly cashed in and expanded the merchandising opportunities. Now, we live in a world chock full of corporate concentration. Just 5 companies control more than 90% of the major media platforms in the United States. That means that a few individuals are holding the reins of power when it comes to what we watch on screens. Most folk spend more than 10 hours per day watching screens.Continue Reading

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Americanisation

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In: corruption, crime, democracy, economics, featured, Government, health, history, identity, latest post, media, mind, movies, oral fetish, politics, power, social media, sport

You know, I see quite a few of these YouTube videos where Americans compare stuff to what happens in Australia. It is not these that peak my interest, but rather that the global Americanisation is so ubiquitous. Everything about modern life is largely the same in the western world. Have a think about the computer age and where that originated. The internet and social media are American inventions. Smart phones are a big part of this and they too are a US innovation. Beyond this, to more prosaic trends and think about working out, bigger muscles and tattoos. These too, are American cultural shifts, which occurred over the last couple of decades.Continue Reading

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Why Are We Getting Poorer?

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In: corruption, democracy, economics, featured, Government, latest post, politics, power

Why is everything so expensive now? What price life? Why are we getting poorer? First and foremost, the entire economy is set up to greatly favour owners over all other parts. Investors are owners, of course, and the company executives operate on their behalf. Shareholders are king and everyone else runs a poor second. Thus, profitability is always the prime consideration and profits have to constantly increase to satisfy the shareholders. Plus, executives manipulate the stock price through buybacks to enrich themselves wildly. This is where we get all the billionaires from. Elon Musk is a prominent illustration of this, the richest man in the world.Continue Reading

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Economics Is Anti-Community

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In: democracy, economics, featured, Government, latest post, morality, politics, power

Have you noticed that we have all become economists over the last 30 odd years? That economic-speak has become the lingua-franca of our modern world? We talk about the supply and demand of things, the dollar value of everything, and make all our decisions based upon economic principles to a large degree. This has not always been so. Prior to the American conversion to all things economic, which began with the Rand Corporation in the 1960s, governments and ordinary people did not bang on about economics. Economics is founded upon certain assumptions about individual behaviours driven by self-interest. Indeed, economics is anti-community.Continue Reading