Thursday February 9, 2012
| Last update: Thursday at 1:05 AM
FRSO teach-in at Occupy MN: why capitalism does not work for the 99%
BY Staff | Minneapolis, MN | 10/29/11
Following a march on the banks here, October 29, more than 40 people attended a teach-in organized by Freedom Road Socialist Organization.
Capitalism, Freedom Road Socialist Organization, frso, OccupyMN
Cuts in government spending push economy to edge of another downturn
BY Masao Suzuki | San Jose, CA | 8/01/11
On July 29, the Commerce Department released its report on Gross Domestic Product or GDP for the Second Quarter (April to June) of 2011. GDP, which measures the value of goods and services produced in the United States, rose at only a 1.3% annual rate, much slower than most mainstream economists expected. Even worse, the First Quarter (January to March) economic growth was cut from an earlier estimate of 1.9% to just 0.4%.
Capitalism, double dip recession, economy, GDP, recession, Unemployment
Capitalism and Economic Stagnation
BY Masao Suzuki | United States | 6/27/11
On June 21, the Chairman of the U.S. Federal Reserve Bank, Ben Bernanke, gave a very downbeat report on the U.S. economy following a two day meeting of the Fed.
Capitalism, federal debt, Marxist economics, recession
The Rich Get Richer... and Everyone Else Gets Poorer
BY Masao Suzuki | United States | 6/22/11
On June 19th the Washington Post published “With Executive Pay, Rich Pull Away from Rest of America” by Peter Whoriskey. This very informative article connected the rise in corporate executive’s pay with the growing economic inequality in the United States, using the example of a large U.S. dairy company combined with recent research by economists on high incomes. At the same time the article only offered very vague explanations for why the rich are winning out at the expense of almost everyone else.
Capitalism, Economic Crisis, Wall Street
Capitalism: A Love Story
BY Doug Michel | Chicago, IL | 10/12/09
Michael Moore has done it again, only this time he’s coming out strong against the most pervasive evil in the United States: capitalism.
Capitalism, Capitalism: A Love Story, Michael Moore, Republic Windows and Doors, UE 1110
May Day Speech: Capitalism Is A Failure
BY Freedom Road Socialist Organization | Minneapolis, MN | 5/10/00
It was standing room only, as more than people 55 came together here, May 6, to celebrate International Workers Day.
Capitalism, international workers day, May Day, Socialism
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