Instapopulist

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Welcome to the Instapopulist! This is a new forum for all registered EPers to report breaking news, ramble an economic rant, ask a question or write a full bore article. To become an Instapopulist, go to your navigation menu and click on create content. Then write away. To help in formatting, click on the rich-text editor to bring up the tools. There is additional information in the user guide. Any questions or problems, just leave a comment and happy writing all Economic Populists!

Almost 4000 fewer companies listed now than in 1998.

According to Money.CNN there are almost four thousand fewer companies listed in the stock market now than in 1998. Stocks doing good. Fewer companies but activity high. Stock prices relatively stable with poor earnings. Almost no human trading firms, robots are trading. This gives the appearance that something is going on that doesn't benefit companies or stock holders but favors trading. High trading with no appreciable increase in value looks like an ulterior motive or goal is driving the market. Can higher trading with no corresponding value increase mean anything other than a bubble?

Make a profit for the stockholder. Jobs?

There is absolutely nothing wrong with that agenda. Gratification for performance gets the job done. Jobs can very easily also come from profits. Reward jobs producing investing. Net gain in jobs is very unlikely because there is no reward for creating jobs. There is a reward for profits. Profit through people would create jobs. Laws keep getting changed to make profitting without working easier. Money has to work in order for jobs to be created. The positive side of profits through people is building of value and equity.

One keystroke away.

Mathematics is objective. Not being satisfied with the answers people have to make mathematics subjective. An unadulterated computer program is objective. Yes or no. Maybe and to what degree of maybe are subjective. Putting a finite answer to maybe is necessary in order for a computer to accept risk as a reality. Every time risk is involved or the answer is no, then the process is violated and risk is accepted to make the deal. Somewhere that violation (mistake) is waiting to happen again just like in the subprime mortgage crash.

Creating jobs vs taking somebody's job.

Almost everything I read reduces to taking somebody else's job. Bringing back jobs from overseas and more training takes somebody else's job. And it is excepted with enthusiasm because it is the way we have been trained all our lives. New jobs are the function of more money. Forget about all the benefits to existing companies having everybody on their team cheering for better trained workers and taking back over seas jobs. The world needs more jobs and that has to come from more money. The emphasis should be on making money work. Nobody contradicts more workers more tax revenue.

Getting too close to the end to apologize for solutions.

So far any explanation of a solution had to be finnessed, diluted, apologized , clouded, worded so the reader would think it was their idea or otherwise manipulated to get under the conservative radar. The simple explanation is that human rights has to displace profit as the goal of capitalism. Greece is not a warning shot. Greece needs to be the model for the solution. Money has to serve man. You don't have to rob the rich (although that is what it will be called) to give to the poor. Simply make money work.

The Missed Lesson of Greece’s Financial Crisis

On Sunday, 61% of Greek voters rejected the European bailout referendum.  The Greek financial situation has led many American conservatives (and neoliberals) to point to Greece as an object lesson in the failures of socialism. Focusing only on Greece’s spending habits, however, misses the underlying issue, and American conservatives need to understand this if they ever want to address the fundamental problem that besets ours and the world’s economy.

The ancients knew the solution thousands of years ago.

Jubilee. The birthplace of civilization is collapsing. Shouldn't the protection afforded to threatened animals be extended to human beings. A sustaining wage full employment should be the focus of government. When a lot of people are working money is moving and economies are functioning. In the view of all laws regarding preservation of animals and the environment validating (validate) the meaning of "progress". Progress is essentially cheaper and faster. Not cheaper, faster and thriving economy. It all points to the function of money.

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