Tag Archives: economic-system

Plutonomy: Rich Get Richer With Government On Their Side

Bill Moyers signs off his last broadcast with an editorial discussion on why plutocracy and democracy don't mix. In 2005, Citigroup coined the term Plutonomy: An economic system where the priviledged few ensure that the rich get richer with government on their side. added by: GLOBALPOLITICAL

One Economic Chart That You Should Permanently Burn Into Your Memory

Today most Americans are completely obsessed with the silliest of things. They wonder how Lindsay Lohan is going to fare in jail and they agonize over who LeBron James is going to play basketball for. But when it comes to the things that really matter, most Americans are completely clueless. For example, while most Americans would agree that we are experiencing difficult economic times right now, most of them would also argue that our economic system is in fundamentally good shape and that things will get back to “normal” at some point. added by: Revelation1217

Drug money saved banks in global crisis, claims UN advisor

Drugs money worth billions of dollars kept the financial system afloat at the height of the global crisis, the United Nations' drugs and crime tsar has told the Observer.

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Drug money saved banks in global crisis, claims UN advisor