Anna Von Reitz: Additional Issues for The International Court of Justice – 10 April 2021 — Blood Money 4

Additional Issues for The International Court of Justice – 10 April 2021 — Blood Money 4 What happens when indentured servitude is not enough to pay the bills of the British Empire? The answer to that question came in 1933: slavery. This was announced by FDR in his First Inaugural Address— but again, in such …

Caitlyn Johnstone: Money Is Made Up And We Can Change The Rules Whenever We Want

Have you ever noticed how online capitalism cultists who condescendingly tell socialists they “just don’t understand economics” are always unable to lucidly defend their own understanding of economics? If you’ve never pressed such a character to clearly and concisely explain what it is you “don’t understand” using their own words, I highly recommend that you …

Stop Being So Optimistic about a Universal Basic Income

(Christopher England) On the topic of socialism, G.K. Chesterton once remarked, “I do not propose to prove … that socialism is a poison; it is enough if I maintain that it is a medicine and not a wine.”  Chesterton’s point is that socialist reform proposals, even if they really do address an underlying economic crisis, should never be mistaken for true human flourishing, which always requires a substantial degree of self-sufficiency and independence.  A man whose life depends on continual doses of strong medicine remains a sick man, and he cannot fully partake of the good things in life, such as drinking wine.

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‘The $16 Trillion Virus’: Economists Estimate Financial Toll of COVID-19 on US

(Tom Ozimek) Former U.S. Treasury Secretary Lawrence Summers and fellow Harvard University economist David Cutler argued in an essay on Monday that the pandemic will end up costing the United States $16 trillion, around four times the toll exacted by the 2007–08 Great Recession.

The post ‘The $16 Trillion Virus’: Economists Estimate Financial Toll of COVID-19 on US appeared on Stillness in the Storm.