Category Archives: Capitalism

The High Price of Materialism

I was just made aware of a video on materialism created by The Center for a New American Dream, back in 2011. Psychologist Tim Kasser does a good job of laying out, in  5:37 minutes of animation, the negative impact … Continue reading

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Dean Baker on mainstream ideology

Dean Baker does a nice job in Worms, Pond Scum and Economists of laying out the pattern of thinking, ideology, that governs (with a few exceptions) the political and punditry class over the “crisis” confronting Social Security and Medicare, and mainstream economists’ … Continue reading

Posted in austerity, Capitalism, Ideology, Teaching Economics, The Crisis

Latinos, Republicans and Government

In the wake of the thrashing the GOP got at the polls last month, the media has been filled with stories highlighting the demographic shifts deemed responsible for Obama’s win and, more importantly, Romney’s loss. A number of pundits, both … Continue reading

Posted in 2012 elections, Capitalism, Economics Class, Ideology, Neoliberalism, Republican Party Ideology, Uncategorized | Tagged , , , , , , ,

Thin men acting in small worlds – or why economic models are both unreal and irrelevant

Good piece by Lars Syll (Thin men acting in small worlds – or why economic models are both unreal and irrelevant).  I don’t really have much more to add, other than to reiterate my frustration with a discipline that is … Continue reading

Posted in Capitalism, Ideology | Tagged , , , , ,

A disappointing performance

I know he’s a Republican in disguise, but I nevertheless held out for the hope that Obama would at least give lip service to the notion that government has an extremely important role to play in the betterment of society, … Continue reading

Posted in 2012 elections, Capitalism, Ideology, Republican Party Ideology | Tagged , , , ,

A funny thing happened on the way to the teaching of neoclassical economics

Good piece by David Ruccio “A funny thing happened on the way to the teaching of neoclassical economics.”  I’m teaching intermediate microeconomics this quarter and doing my best to introduce the neoclassical theory of value and distribution in a theoretical … Continue reading

Posted in Capitalism, Ideology | Tagged , , , , , ,

Deep Sleep and Other News « Real-World Economics Review Blog

The following piece, by Peter Radford, does a nice job of outlining the political divide within the U.S. and, in addition, the depth of economic ignorance and committment to ideology on the part of the media, the right-wing nuts (annoyingly … Continue reading

Posted in Capitalism, Ideology, The Crisis | Tagged , ,

Capitalism in Crisis?

See on Scoop.it – Explorations in Political Economy Capitalism in Crisis with geographer David Harvey & economist Richard Wolff… See on http://www.charlierose.com

Posted in Capitalism, The Crisis