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Economist Mark Blyth lead me to the 1943 article by Michael Kalecki titled “Political Aspects of Full Employment.” The article predicts our current economy.

The whole idea is more complex than one post will allow. However, here is the part that tells us about corporations taking over our government.

The author, in 1943, expects us to now return to government spending – as in building infrastructure. However, that is not happening, because the corporate controlled media has convince many that America has a spending problem, and we should continue to cut the budget. The truth is, we have a revenue problem and cutting the budget will sink your economy.

(Quote from 1943)

As has already been argued, lasting full employment is not at all to their liking. The workers would 'get out of hand' and the 'captains of industry' would be anxious to 'teach them a lesson'. Moreover, the price increase in the upswing is to the disadvantage of small and big rent...See More
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T.E.C. - Iowa Keen complains his or her question was not answered, so from the beginning!

1. How do you suppose profits of an economic system can be democratized?

Historically, the New Deal was a democratization of profits. However, we face a more complex issue. We have to democratize the profits from automation. Simply put, under the current s...See More
Mar 8, 2017
Kathleen --------------------------------------------------------
On 3/08/17, T.E.C. - Iowa wrote:
> Keen complains his or her question was not answered, so
> from the beginning!
>
> 1. How do you suppose profits of an economic system can
> be democratized?
>
> Historically, the New Deal was a democratizatio...See More
Mar 8, 2017
Keen On 3/08/17, T.E.C. - Iowa wrote:

> 1. How do you suppose profits of an economic system can
> be democratized? Historically, the New Deal was a
> democratization of profits. However, we face a more
> complex issue. We have to democratize the profits from
> automation. Simply put, under the current system, the guy...See More
Mar 8, 2017
T.E.C. - Iowa Keen wrote, “Its peculiar that no historic sources I've seen describe it as such democratization of profits.” Well, Keen needs to read more. However, I also gave the example of farmer's coop as a democratization of profit. I will add to that the Mondragon Corporation of Spain with its 50,000 workers.

Next Keen wrote, “I will overlook...See More
Mar 8, 2017
T.E.C. - Iowa Hopefully the video is found by clicking the link!
Mar 8, 2017


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