Finance & Markets

Capitalism is Canabilizing Boeing

View of Jetliner Flying from Below

Boeing risked its financial health and long-term viability by bowing to the rich. Bold action needs to be taken to protect workers, end stock buybacks, and stop capitalism from eating successful companies in the name of ever-increasing quarterly profits.… Keep Reading »

GameStop, AMC, and WallStreetBets – An Initial Reaction

NYSE in NYC

It’s pretty clear that the Capitalist’s defense of the market – the most efficient means to distribute capital to deserving companies – is complete and total bullshit. And everyone knows it’s bullshit. For years the media has been calling Wall Street a “casino” and talking about hedge fund activities as “bets.”… Keep Reading »