PODCAST · society
Capitalism In Crisis
by Jim Sawyer
The looming crisis of capitalism is inability to sort out self-interest rightly understood, from crass rip-offs that redistribute wealth and power away from America’s most vulnerable citizens.
Episodes
-
STE-026 - Pseudo - Capitalism : Commentary on Car Bombing in Germany
This is Jim Sawyer for Capitalism in Crisis.org Fraud always involves deception. With increasing frequency, we are beset by fraud-laced schemes. Remember the Wells-Fargo banking scandal in which two million fake customer accounts were created? Here’s an even more jaw-dropping example of...
-
STE-024 - Commentary on Wells Fargo (Capitalism In Crisis w/ Jim Sawyer)
This is Jim Sawyer for Capitalism in Crisis.org Wells-Fargo Bank, in April, clawed back an additional $75 million from two executives it now holds accountable for the bank’s five-year sales scandal. As many as two-million fake customer accounts were opened at management’s behest..... Audio and...
-
Truth Marching On (Capitalism In Crisis w/ Jim Sawyer)
Julia Ward Howe, who penned the Battle Hymn of the Republic—just months after Fort Sumter’s fall—was a writer, poet, abolitionist, social activist and suffragette. To understand Ward Howe, we must understand her contextually, within the turbulent period in which she lived. Truth goes marching on,...
-
Ike The Barber (Capitalism In Crisis w/ Jim Sawyer)
Communism has evolved. Remember the old Soviet system? It crashed in 1991. In place of markets, Soviets used quotas, fashioned by committees. Never mind what citizens actually wanted—or needed—stuff was chosen for them by bureaucrats, instead. Of course, when the price system is undermined,...
-
Fundamentalism (Capitalism In Crisis w/ Jim Sawyer)
Let’s get down to basics. The Washington swamp must be drained, NOW. Sound familiar? Right out of Donald Trump’s play book? Right out of father’s play book, also. Throw the bums out; in the Sawyer household was a familiar refrain. Fundamentalists like Buss reduce Technicolor-like complexity, to...
-
Old Men Like Me (Capitalism In Crisis w/ Jim Sawyer)
Buss was a complex character. I eavesdropped on father as we were closing our neighborhood store—the night before Christmas—marking the end of the busy shopping season. Just then a man entered, distraught, and engaged Buss clumsily. Next, spontaneously, he exploded in tears. With a large family…
more -
Let's Fix This... Now (Capitalism In Crisis w/ Jim Sawyer)
The perspective of this podcast series is this. The way in which the economy behaves—changes. However, the way ideologues think it ought to behave, stagnates and ossifies. Consequently, doctrinal tweaks are necessary, occasionally, to realign dysfunctional thinking with the way in which the world...
-
Donald Trump's Chumps
In feudal society, the community common was public space shared by all. Consequently, if a serf allowed his cow to graze on the commons’ lush grasses, his self-interest would be enhanced, but at the expense of his neighbors’ well-being. That is, if every serf turned his cow loose after dark to...
-
Pre-Election Rip-Offs (Capitalism In Crisis w/ Jim Sawyer)
Over 5300 Wells-Fargo employees lost their jobs even though no senior managers were fired. This isn’t cross-selling…this is fraud.
-
Labor Day With Rodney Dangerfield (Capitalism In Crisis w/ Jim Sawyer)
On Labor Day, let’s consider the Rodney Dangerfield theory of labor. Coined after the now-deceased comedian, this theory along with a winner-take-all perspective may explain why working folks “don’t get no respect” in the labor market.
-
Pragmatic Purple Capitalism (Capitalism In Crisis w/ Jim Sawyer)
Where along the bifurcated Red-Blue conservative-liberal political continuum does one place Republican US presidential candidate Donald Trump? Is he a pragmatic purple?
-
Paradigm Collapsing And Political Hating
This week we try to understand U.S. presidential candidate Donald Trump’s response to a Muslim father’s Democratic Convention speech. How do underlying economic paradigms influence political events?
-
Relative Capitalism (Capitalism In Crisis w/ Jim Sawyer)
What is the future of American capitalism? Can it lie in consensus decision-making in public spaces about defining what is and what is not productive capital? We explore this through the provocative concept of relative capitalism – setting positive and negative incentives, connected to specific...
-
Questionable Capitalism (Capitalism In Crisis w/ Jim Sawyer)
What does equine capital in a Grandpa farm have to do with Turing Pharmaceuticals and its bid to raise the price of a life-saving drug by 50 times? Exploring pseudo-capitalist acts and their economic consequences…
-
Outcome-Oriented Capitalism (Capitalism In Crisis w/ Jim Sawyer)
This week, we discuss the economics and ethics of hedge fund bets on life-saving medication. What’s wrong with companies like Turing Pharmaceuticals owning a tablet and jacking up its price over 50 times overnight?
-
Knowing When We Don't Know (Capitalism In Crisis w/ Jim Sawyer)
Science is a process of determining what is reality objectively. But, how do we sift the subjective from the objective for understanding economic propositions?
-
Jail The Bastards (Capitalism In Crisis w/ Jim Sawyer)
Stopping Take the Money and Run strategies isn’t working; especially since the pseudo-capitalist inspired Great Recession.
-
Living Over The Store (Capitalism In Crisis w/ Jim Sawyer)
Do you wheel and deal like Donald Trump? Or do you follow Adam Smith’s path toward value creation, to use an asset efficiently over the long haul?
-
Apartment Flipping (Capitalism In Crisis w/ Jim Sawyer)
Pseudo-capitalism often presents itself as strategies to drive up the capitalized value of an asset’s annual cash flow, sell, and then take the money and run.
-
House Flipping (Capitalism In Crisis w/ Jim Sawyer)
Some develop a knack for turning the housing and finance industries on their heads, into cash cows. This is what the Great Recession was about....
-
Jeremy Bentham (Capitalism In Crisis w/ Jim Sawyer)
The contemporary challenge is to describe economic reality—crisply—and to isolate fraud, rather than to look the other way....
-
Economic Mythology (Capitalism In Crisis w/ Jim Sawyer)
The appeal of the US presidential candidate Donald Trump’s economic conservatism may lie in the mythological underpinning of the orderliness of market forces. This approach validates one’s social order, provides guidance for so-called right living, and particularly, inspires a sense of awe.
-
What Republicans Believe (Capitalism In Crisis)
Harsh rhetoric in the 2016 Republican presidential race is a throwback to Frederick Bastiat. Mid-19th Century, he portrayed government as a waster, bungler and obstructer....
-
Train Wrecks (Capitalism In Crisis w/ Jim Sawyer)
The First Glitch of Doctrinal Capitalism is Say’s Law that declares supply creates demand. Consequently, there can be no unsold goods nor unemployment, and therefore no need for government....
-
Horse By the Door (Capitalism In Crisis w/ Jim Sawyer)
Entrepreneurs may rationalize themselves as they segue into pseudo-capitalists whose behavior does not align with the common good...
-
Nice Frauds (Capitalism In Crisis w/ Jim Sawyer)
Fraud is deception; some frauds are legal, and the gray area in which fraud is commonplace is expanding due to doctrinal imprecision about the legitimacy of self-interested behavior....
-
Coming To Crisis (Capitalism In Crisi w/ Jim Sawyer)
This podcast series explores legal and illegal frauds, introduced here, including inversions and earnings strippings. Pseudo-capitalist scams thrive on fundamentalism‛s blindness to the actual way in which the economic world works....
-
Economics As Religion ( Capitalism In Crisis w/ Jim Sawyer)
J.M. Keynes challenged Smith‛s built in bias toward orderliness. His critique is introduced here, even metaphorically. Fundamentalism‛s advocates are likened to wizards, from Oz, living out of a childhood fairy tale.
-
Adam Smith And The Ideologues
Adam Smith patterned economics after physics. In Smith‛s view, capitalist societies constructed upon laissez-faire principles of orderliness, automatically align self-interest with attainment of the common good.....
-
Einstein And Economics (Capitalism In Crisis w/ JimSawyer)
The way the world works—changes. However the way conventional economists think it ought to work—in an orderly manner—is static, inflexible and too often dysfunctional.
-
The Intro (Capitalism In Crisis w/ Jim Sawyer)
The most grave crisis doctrinaire capitalism is facing early in the 21st Century is mismatch with how the world actually works. This gap also is a vulnerability for justifications of doctrinaire-related rip-offs....
-
Old Men Like Us (Capitalism In Crisis w/ Jim Sawyer)
I eavesdropped on father as we were closing our neighborhood store—the night before Christmas—marking the end of the busy shopping season. Just then a man entered, distraught, and engaged Buss clumsily. Next, spontaneously, he exploded in tears...
-
The Great Disconnect (Capitalism In Crisis w/ Jim Sawyer)
Historically, Utahns espouse Enlightenment values of political liberty, free markets, limited government, responsibility and personal initiative. As the political right sees it, this is their turf. Even so, this conservative Mormon state turned liberal in 1932, then stayed there until Dwight...
-
Buss The Redneck (Capitalism In Crisis w/ Jim Sawyer)
Buss was a redneck, I suppose. Still, I want to be fair to father’s memory. I called him Buss. My paternal grandfather demanded we call him Dad. So, Buss was sort of a leftover name—one he accepted to keep peace across the generations. Buss no doubt voted against his economic self-interest—and...
-
Its Not The Economy, Stupid (Capitalism In Crisis w/ Jim Sawyer)
It’s NOT the economy, stupid, says Alan Blinder, former Federal Reserve second-in-command. Instead, the 500-pound gorilla in the room is less economic and more political; political gridlock, that is. While forces on the left are not immune, the huge problem lies with congressional Republicans who...
We're indexing this podcast's transcripts for the first time — this can take a minute or two. We'll show results as soon as they're ready.
No matches for "" in this podcast's transcripts.
No topics indexed yet for this podcast.
Loading reviews...
Loading similar podcasts...