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Market Oracle FREE Newsletter

Category: Social Issues

The analysis published under this category are as follows.

Politics

Friday, April 03, 2015

Warren Buffett is Everything That’s Wrong With America / Politics / Social Issues

By: Raul_I_Meijer

I think I’ve never understood the American – and international – fascination with money, with gathering wealth as the no. 1 priority in one’s life. What looks even stranger to me is the idolization of people who have a lot of money. Like these people are per definition smarter or better than others. It seems obvious that most of them are probably just more ruthless, that they have less scruples, and that their conscience is less likely to get in the way of their money and power goals.

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Politics

Wednesday, April 01, 2015

How the West Invented Individualism / Politics / Social Issues

By: MISES

Roger McKinney writes: Inventing the Individual, by Larry Siedentop, Belknap Press, 2014

I lived in Morocco a few decades ago and needed some furniture for our apartment. A college student I had befriended, Hamid, offered to take my cash and negotiate with the dealer for me while I drank coffee in a nearby qahwa because, as he said, the price of the furniture would triple if the merchant glimpsed an American within a block of his store.

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Politics

Monday, March 30, 2015

Economic Recovery, Geopolitics and Detergents / Politics / Social Issues

By: Raul_I_Meijer

Increasingly over the past year or so, when people ask me what I do, and that happens a lot on a trip like the one I’m currently on in the world of down under, I find myself not just stating the usual ‘I write about finance and energy’, but adding: ‘it seems to become more and more about geopolitics too’. And it’s by no means just me: a large part of the ‘alternative finance blogosphere’, or whatever you wish to call it, is shifting towards that same orientation.

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Politics

Monday, March 23, 2015

The Real Reason The American Dream is Unraveling / Politics / Social Issues

By: James_Quinn

Marketwatch posted an article this week titled Why the American Dream is Unraveling, in 4 charts. As usual, the MSM journalist and the liberal Harvard academic can create charts that reveal a huge problem, but they completely misdiagnose the causes and offer the typical wrong solution of taking more money from producers and handing it to the poor, with no strings attached. This has been the standard operating procedure since LBJ began his War on Poverty 50 years ago. Do these control freaks ever step back and assess how that war is going?

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Politics

Tuesday, March 17, 2015

"To Be or Not To Be" Part of the Establishment / Politics / Social Issues

By: BATR

The immortal words uttered by Prince Hamlet as he contemplates death and suicide, applies for an entire society. The enormous gravity that permeates William Shakespeare’s tragic hero represents the same fate confronting the normal mortals, who make up the ranks of Americans. The rapid decline in intelligence and moral character has approached epidemic levels. The ROT which has seeped into the popular culture has become a metamorphosis Reign of Terror. The transformers from a heritage of principle, courage and honor have sunk to a level of Slouching Towards Gomorrah. Such a fate was feared by our Founding Fathers.

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Politics

Friday, March 06, 2015

The Dark Side of the American Dream / Politics / Social Issues

By: MISES

Ryan McMaken writes: A Most Violent Year (2015, 125 minutes) is the third film from writer-director J.C. Chandor who wrote and directed 2011’s Margin Call about a Lehman Brothers-like firm in the early days of the 2008 financial crisis. Margin Call explored the complex relationships between white collar workers, corporate executives, and the firm’s customers in the face of economic ruin. With A Most Violent Year, Chandor returns to similar themes. But in this case, he focuses on a privately-owned heating oil business in 1981 New York City made successful by the relentless determination of Abel Morales (Oscar Isaac), an immigrant who has clawed his way to the top of his industry through a commitment to salesmanship and slow-and-steady growth.

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Politics

Friday, March 06, 2015

From Organised Religion to Government - The Fall of Confidence / Politics / Social Issues

By: Dr_Jeff_Lewis

Institutional confidence is akin to gravity. We know it’s there, and we understand a lot about it - but we haven’t yet been able to explain it adequately enough. At least not enough to quantify its relationship  - or unify gravity with the other physical forces that we do understand. Of course, we are much further from unification of the interactions between confidence (behavior), the economy, and finance. 

It’s easy to see the effect finance has on the economy. One can even map the ultimate effect through history, which is riddled with failed currencies. Ultimately, the failure of an untethered financial system culminates with the collapse of a currency. 

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Politics

Thursday, March 05, 2015

Freedom from America - Getting Out Of Dodge / Politics / Social Issues

By: James_Quinn

LLPOH Writes: About 30 years ago, I took a series of jobs in Australia, turning around failing manufacturing businesses. We were there for a very few years, and during this time became eligible for Australian citizenship, which we took up. In return for saving one such failing business, I received shares in it, which I still hold today. Over the years I have remained an employee of that small private company, as has my wife, and visit regularly to see that it survives and thrives.

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Politics

Thursday, February 12, 2015

A Brief History of Inequality / Politics / Social Issues

By: STRATFOR

At an event in Beijing last November, I had the good fortune to meet the French economist Thomas Piketty, who has sold 1.5 million copies of his book, Capital in the Twenty-First Century, since it was first published in 2013. Pacing up and down in front of a packed auditorium, Piketty explained that because the rate of return on capital is now higher than the growth rate of the global economy, the proportion of the world's wealth that is owned by a small elite will likely keep increasing; in other words, we should expect to see a divergence of wealth as the rich get much richer. As his book says, "capitalism automatically generates arbitrary and unsustainable inequalities that radically undermine the meritocratic values on which democratic societies are based."

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Politics

Thursday, February 12, 2015

Fourth Turning Seeds of Crisis and War / Politics / Social Issues

By: James_Quinn

In Part One of this article I attempted to illuminate the concept of generational theory as articulated by Strauss and Howe in The Fourth Turning.  In Part Two I provided proof this Crisis is far from over, with ever increasing debt, civic decay and global disorder propelling the world towards war.

Seeds of Crisis & War

“The seasons of time offer no guarantees. For modern societies, no less than for all forms of life, transformative change is discontinuous. For what seems an eternity, history goes nowhere – and then it suddenly flings us forward across some vast chaos that defies any mortal effort to plan our way there. The Fourth Turning will try our souls – and the saecular rhythm tells us that much will depend on how we face up to that trial. The saeculum does not reveal whether the story will have a happy ending, but it does tell us how and when our choices will make a difference.”  – Strauss & Howe - The Fourth Turning

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Politics

Tuesday, February 10, 2015

Courage to Face True History / Politics / Social Issues

By: BATR

History is philosophy teaching by examples. ~Thucydides, The History of the Peloponnesian War

Human consciousness and the ability to understand that which really occurred in the past, is a skill that many people have little experience with mastering. Scholarship and researching the yesteryear relies upon analyzing accounts of others and is usually based on chronicles written centuries ago. Most of the original evidence used in writing the accounts may be lost, based upon oral myths or accurate translations of vanished languages. Even when the original sources are impeccable in their authenticity or go unquestioned in the ivory towers of academic scrutiny, the crucial question still remains, Was It So? Attempts to provide definitive proof, when it comes to explaining political events, relies more often on the art of understanding the connection among factions, based within the context of their intended agendas than smoking gun documents.

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Politics

Tuesday, February 03, 2015

Greece - Is It Socialism or Just Failure? / Politics / Social Issues

By: Raul_I_Meijer

It’s all still about Greece, and that makes sense, if nothing else Syriza is a breath if not a tornado of fresh air. But those too pass. The question at the end remains: did anything really change? It’s quite possible, don’t get me wrong, but Tsipras and Vanoufakis are busy looking out for the people who voted for them, not the rest of the Europe, or the world for that matter. And neither should they.

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Politics

Friday, January 30, 2015

Socialism Is Like a Nude Beach - Sounds Like a Great Idea Until You Get There / Politics / Social Issues

By: John_Mauldin

Jared Dillian writes: I’ve been following the activities of Syriza for a long time. They started putting up big numbers in the polls in Greece three or four years ago.

Syriza has a message that’s very popular with Greeks: Screw Germany. The word they use to describe what’s happened to Greece during the period of time since the debt crisis is “humiliation.”

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Politics

Thursday, January 29, 2015

Doomsday Clock. There is no safe place. No where to hide! / Politics / Social Issues

By: Michael_T_Bucci

If I criticize the U.S. government, I am put on a "watch list". If I quote an Israeli, I am attacked by anti-Zionists. If I defend the Palestinians, I am an anti-Semitic. If I defend the police, I am considered an apologist of police brutality. If I defend unarmed black kids shot by copes, I am an enemy of the police. If I defend the rights of Islamists, I am a promoter of "terrorism". If I quote the Pope, I am the target of anti-clerics in Europe. If I quote a "New Atheist", I am a spokesman for Satan. If I propose gun regulation, I will be threatened by NRA people. If I defend the right to own and carry guns, I will be labeled a "2nd Amen" fanatic by liberals. If I agree with Ron Paul, I am an anarchist. If I agree with Bernie Sanders, I am a communist. If I say Vladimir Putin is a tyrant, I am considered brainwashed by Western propaganda. If I claim Putin never invaded Ukraine, I am an anti-American. If I warn of a market collapse and Great Great Depression, I am a Cassandra. If I predict the DOW hitting 20,000 in four months, I am a paid agent for Wall Street. If I claim Charlie Hedbro promoted racism, I am an enemy of free speech. If I defend free speech, I am told to shut-up. If I decide to take to the North Woods until the wars spend themselves, I am an escapist. If I jump into the morass and voice one opinion about one topic...well...considering what I know and have just outlined...I would be a damn fool, wouldn't I!

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Politics

Wednesday, January 28, 2015

Davos Man Fears Social Instability Due to Inequality and Injustice / Politics / Social Issues

By: Jesse

"No country, however rich, can afford the waste of its human resources. Demoralization caused by vast unemployment is our greatest extravagance. Morally, it is the greatest menace to our social order."

September 30, 1934

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Politics

Wednesday, January 28, 2015

The Fed and ECB Take the West back to when the Rich Owned Everything / Politics / Social Issues

By: Paul_Craig_Roberts

When the former Goldman Sachs executive who runs the European Central Bank (ECB) announced that he was going to print 720 billion euros annually with which to purchase bad debts from the politically connected big banks, the euro sank and the stock market and Swiss france shot up.  As in the US, quantitative easing (QE) serves to enrich the already rich. It has no other purpose.

The well-heeled financial institutions that bought up the troubled sovereign debt of Greece, Italy, Portugal, and Spain at low prices will now sell the bonds to the ECB for high prices. And despite depression level unemployment in most of Europe and austerity imposed on citizens, the stock market rose in anticipation that much of the 60 billion new euros that will be created each month will find its way into equity prices.  Liquidity fuels the stock market.

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Politics

Sunday, January 25, 2015

The World Misery Index: 108 Countries / Politics / Social Issues

By: Steve_H_Hanke

Every country aims to lower inflation, unemployment, and lending rates, while increasing gross domestic product (GDP) per capita. Through a simple sum of the former three rates, minus year-on-year per capita GDP growth, I constructed a misery index that comprehensively ranks 108 countries based on “misery.”

Below the jump are the index scores for 2014. Countries not included in the table did not report satisfactory data for 2014.

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Politics

Wednesday, January 21, 2015

The Only Road Out Of Davos / Politics / Social Issues

By: Raul_I_Meijer

After 6+ (BIG +) years of deepening poverty and rising stock markets, of creative accounting, of QE and ultralow interest rates, of extend and pretend and outright propaganda and of what have you, all of which have led us to where we are today, facing yet more rounds of stumbling from crisis into multiple crises, it would seem clear that the model, if not the mold, is broken. In order to fix it, let alone replace it altogether, we need to understand to what extent it is broken. And to do that, we first need to know what exactly the model is.

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Politics

Friday, January 16, 2015

Lady Fortune Spinning Her Wheels / Politics / Social Issues

By: Dr_Jeff_Lewis

“Opportunity is missed by most people because it is dressed in overalls and looks like work.” - Thomas A Edison

I'm writing this after spending a few days with my son and a couple of friends. My wife and I are both health professionals by day. Our life and schedule often leaves one of us "in charge" on the weekends -- usually me. Now, at the advanced age of five years old, these fellows are just learning how to get along. They are learning how to work out differences, negotiate possessions, and deal with all of the emotions contained and expressed therein...

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Politics

Monday, January 12, 2015

Something’s Not Right: Major New Report On Insecure Britain / Politics / Social Issues

By: Submissions

A major new report from the good society pressure group Compass analyses the precarious, insecure and anxious state of our country as we enter an election year. 

The major findings of this in-depth report are:

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