It's not a question of whether or not the financial system should have been bailed out in 2008. The issue is what should have been bailed out. People mix up financial institutions with the executives that ran them (into the ground). We could have bailed out the institutions and jailed the executives.

Excellent point and one that is sorely lacking in the conversation of early US history. Regarding the complicated history of business in the US, another aspect bears scrutiny. This aspect that I speak of is the construction of a global shadow government in the 20th Century, beginning with the industrialist cabal that included the Rothschild clan as banker-lender to the fortunes of leading Capitalists like John Pierpont Morgan. Serious discussion among credible scholars of the facts and circumstances regarding this cabal (and their suspected influences that extend to us today in 2021) is often avoided, ignored, or outright dismissed as either insignificant or poppycock. And, yet, the facts remain. This subject bears serious, intelligent scrutiny and discussion as does its potential influence on modern history.

wish i could read this book online. studied US economic history years ago with oscar handlin

Great discussion! - Baltimore native

Harnessing the private sector to do anything other than enrich itself would involve enforcing laws, which is impossible whilst politicans are in the same private hands

Is the book being sold in Brazil? I want to buy it.

How do you know we aren’t living as avatars now?

Entertainment? What was Ronald Reagan? What was Trump?

Modern Monetary Theory is an example of new economic thinking. I'm new here, does this institute support MMT? I'm a Progressive, so I am a Progressive MMTer. I want the Gov. to deficit spenf to fight ACC, aka AGW. The Gov. just illustrated that it can deficit spend to fight the effects of the pandemic in the US. We need to do that to save civilization if not humanity, and we must act in the next 2 to 4 years. And act decisively.

They literally are employees of the largest corporatioms. It's called the "revolving door" for a reason.

Thomas Edison was a capitalist. Nikola Tesla was a socialist and a much more profound mind. I left the conversation right after Richard Vahue said that.

One way to break up huge corps. is to have a graduated revenue tax on huge corps. And collect it. Then they pay no matter what. I'm no expert. Maybe a steeply graduated VAT tax system. The larger the revenue of the corp. making the sale the higher the tax they must add to the customer's price. This would force them to be smaller to aviod having their product cost more..

Sorry, but as many books I read and studied, even at University, the only one that explains clearly how liberal economics does not work is Marx and Engles Capital and especially vol. 3. B T W the U S didn't really have a revolution, it was a revolt, either wise it would not have a federal system! A federal system is afterall the prefered system to a colonial power: divide and rule. This is why the U S is broken in 50 parts and yet it became a rogue imperial power mirroring the British empire and Rome.

Stop saying,”how you say” . Your speaking your native language.

I am horrified at the idea of transhumanism and living as an avatar. We have two parallel ways of functioning as humans. The rational, problem-solving, verbal self and the nonverbal, intuitive, creative self. Our society has thrown itself into the rational, technological "STEM" orientation, minimizing this other half. Our techies think they can reproduce the human through the STEM aspect of humanity. Meanwhile, ignoring human nature as expressed through the so called right brain. The nonlinear, nonverbal, symbolic and intuitive sides of ourselves are sourced deeply in human nature and plays roles in relationships, child development, as well as the unexplored areas of altered states and spiritual growth. What kind of digital reflection of humanity only mirrors one side?

The banks that where bailed out should have been nationalized. Take the money out of politics. Medicare for all.

My spidey senses are tingling with many of the assumptions ? in this one. S U S I'm not able to personally endorse, with my own life experience of the 80s, that " everyone" experienced the 80s as broadly affluent. Good Lord. " It ( the Senate) doesn't look like a fun job anymore. " ????? Holy Cow. " I won't criticize the ( sacred object.) " Way to frighten conservatives, " Do you want "things" to change quickly? " oooo spooky. AS IF the status quo has not changed " things" quickly and changed toward dehumanization. Very impressive Spanx you got there dude. OMG! DEBT THE FIRST 500 YEARS - DAVID GRAEBER ROLLING OVER IN HIS GRAVE. Plus there is ONE person to write " the book" on debt jubilee, MICHAEL HUDSON.

don't forget fast foods obesity/diabetes/heart disease ongoing catastrophe