The true costs of Reagan and extreme capitalism

Sam Smith, 2004 - Next year will mark the 25th anniversary of that remarkable moment when this country began to turn its back on values that had sustained it throughout its first two centuries - values that included balancing power and wealth with concern for, cooperation with, and compassion towards others in the community we … Continue reading The true costs of Reagan and extreme capitalism

How the corpocrats are killing our culture as well as our economy

Sam Smith It’s becoming more widely understood that America’s corpocracy has badly damaged the middle class, greatly weakened the labor unions that helped create it, grossly diverted wealth to the top of society, overpaid its executives and underpaid its employees, hidden its profits in tax free offshore havens, transferred large number of jobs to other … Continue reading How the corpocrats are killing our culture as well as our economy

The real World War III: Corporations vs. nationhood

Sam Smith The recent IMF loans to Ukraine with their dictatorial provisions are one more example of the world’s concealed great war, which is to say the massive invasion of nationhood by corporations. Far more dangerous than any current military threat, corporations have already taken huge territories, legal and financial as well as geographical. Our … Continue reading The real World War III: Corporations vs. nationhood

The Sterling case and the Green Bay Packers

Sam Smith - My weekly appearance on the Mark Thompson Sirius XM Show (Mondays 8pm Channel 127) was entirely occupied last night talking about the Donald Sterling case, mostly in conversation with listeners. My argument in part was that we gave too much attention to individual incidents like this and not enough to the culture … Continue reading The Sterling case and the Green Bay Packers

What Washington cab drivers know about free markets that politicians, economists and journalists don’t

Sam Smith Whenever I hear some pompous, politically adulterous politician talk about “free markets” - or some puerile pressie cite them as the dominant economic force in America, I think of the taxicabs in which I rode during most of my many years in Washington. One thing I’ve learned about free markets in America is … Continue reading What Washington cab drivers know about free markets that politicians, economists and journalists don’t