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Market Oracle FREE Newsletter

Category: Social Issues

The analysis published under this category are as follows.

Economics

Saturday, September 11, 2010

Soaring Corporate Profits As US Worker Pay for Productivity Hits Record Lows / Economics / Social Issues

By: Jesse

Two sets of charts tell the story.

The problem is that when workers are pressed to the wall on pay they lose the ability to consume without taking on debt. And at some point the debt leverage mechanism for consumption breaks down.

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Politics

Thursday, September 09, 2010

Socialism as a Reaction to State Corruption / Politics / Social Issues

By: MISES

Diamond Rated - Best Financial Markets Analysis ArticleAnders Mikkelsen writes: Ambrose Bierce defined politics as a "strife of interests masquerading as a contest of principles. The conduct of public affairs for private advantage." In the past many famous thinkers have noticed contemporary and historical examples of state corruption matching this definition, and these examples in turn were the inspiration for many a socialist thought.

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Politics

Tuesday, September 07, 2010

The Poor and Socialism vs Capitalism / Politics / Social Issues

By: MISES

Diamond Rated - Best Financial Markets Analysis ArticleKel Kelly writes: Socialists commonly cite the existence of the poor as a reason for socialism, and they claim that their concern for the poor shows compassion and morality. Since the topic of poverty is a key battleground in the war of socialism versus capitalism, it is relevant to examine what poverty is, how much of it exists in the United States, and how we can truly eliminate it.

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Politics

Monday, September 06, 2010

Labour Day 2010, Economic Austerity, Public Services and the Labour Movement / Politics / Social Issues

By: Global_Research

Best Financial Markets Analysis ArticleGreg Albo and Bryan Evans write: This Labour Day, like the last two, is dominated by the ongoing global economic crisis. Since 2008 Canada's workers, working families, and the communities in which we make our lives, have endured a period of deep economic insecurity the likes of which we have not seen since the Great Depression. The crisis began in the financial sector, amongst bankers, brokers, lawyers, and financial engineers of all sorts when the credit bubbles supporting the casino economy of derivatives, collateralized debt obligations, credit default swaps and other financial instruments began to deflate.

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Politics

Monday, September 06, 2010

Dynamics of Poverty, the Destitute Index / Politics / Social Issues

By: Mike_Shedlock

Best Financial Markets Analysis ArticleIn response to Reflections on the "Recovery" reader "Thomas" has an interesting question regarding U6 unemployment that I would like to share.

Thomas writes ...

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Politics

Thursday, August 26, 2010

Third World America: 'Fast-Tracking to Anarchy' / Politics / Social Issues

By: Janet_Tavakoli

Best Financial Markets Analysis ArticleMy last post about Arianna Huffington's new book, Third World America: How Our Politicians are Abandoning the Middle Class and Betraying the American Dream talked about the Great Recession, the Great Bailout, and the Great Cover-Up of financial crimes.

Among the future consequences of not fixing our national problems will likely be an increase in social unrest and an increase in crime. A look at Chicago's problems may serve as a call to action for America's middle class. Chicago's city budget is in dire straits. That's also true of the state of Illinois, California, New York and other areas. In Chicago, the same mismanagement that deepened our fiscal crisis has caused a crisis in essential city services.

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Politics

Friday, August 13, 2010

Social Insecurity / Politics / Social Issues

By: MISES

Best Financial Markets Analysis ArticlePaul Cwik writes: Oh joy, oh joy! It has finally arrived! You wouldn't believe how excited I was to receive a letter from the Social Security Administration. In the letter, they dutifully showed me how much taxable income I have ever made. (Is it me, or is there something really creepy about that?) They showed me how much I have paid in taxes and how much my employer also "paid." Then they showed me how much my payment would be if I retire at full retirement (67 years old — not 62 or 65 like you may have heard) and if I delay "collecting" until I turn 70.

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Politics

Saturday, August 07, 2010

A Stinging Critique Of a Worker Bee / Politics / Social Issues

By: Graham_Summers

Best Financial Markets Analysis ArticleA little while back, a Fed Economist by the name of Kartik Athreya, wrote a piece urging the public to only listen to economists who have PhDs from top level universities when searching for economic insights. Regarding other sources of macro-economic analysis, specifically bloggers, Mr. Athreya writes, “it is exceedingly unlikely that these authors have anything interesting to say about economic policy.”

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Politics

Wednesday, August 04, 2010

2010: Humanity’s Choice As Foreseen by Rudolf Steiner / Politics / Social Issues

By: Richard_C_Cook

Best Financial Markets Analysis ArticleRudolf Steiner (1861-1925) was an Austrian philosopher and esotericist and founder of one of the key modern spiritual movements in the West. He is best known for his books and lectures before and after World War I, when he founded the Anthroposophical Society with its present-day headquarters in Dornach, Switzerland. After World War I, Steiner and his work were criticized viciously by right-wing nationalists in Germany, which caused him to give up his residence in Berlin. Among the critics was Adolf Hitler, who attacked him in print as a traitor to Germany for his efforts to promote peace.

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Politics

Wednesday, July 28, 2010

Money is the Root of All Evil / Politics / Social Issues

By: Viresh_Amin

I just recently over heard the one line solution to all our problems: "Money is the root of all evil".

The way this sort of person talks, we should get rid of money all together. If that person picked up a book or two and started to read a little more he would properly state, "government money is the root of all evil".

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Politics

Wednesday, July 14, 2010

Collapse in American Living Standards, More Poverty By Any Measure / Politics / Social Issues

By: Global_Research

Best Financial Markets Analysis ArticleChristine Vestal writes: More than 15 million Americans are unemployed, homelessness has increased by 50 percent in some cities, and 38 million people are receiving food stamps, more than at any time in the program’s almost 50-year history.

Evidence of rising economic hardship is ample. There’s one commonly used standard for measuring it: the U.S. Census Bureau’s poverty rate. It guides much of federal and state spending aimed at helping those unable to make a decent living.

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Politics

Sunday, July 11, 2010

In a Free market, An Unemployed Man Has Always Chosen Unemployment Over Working / Politics / Social Issues

By: MISES

Best Financial Markets Analysis ArticleIf a job seeker cannot obtain the position he prefers, he must look for another kind of job. If he cannot find an employer ready to pay him as much as he would like to earn, he must abate his pretensions. If he refuses, he will not get any job. He remains unemployed.

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Politics

Tuesday, July 06, 2010

Striking Overpaid Workers, Public Unions Should be Banned / Politics / Social Issues

By: Mike_Shedlock

Illinois construction workers live in fantasy land of business-as-usual. They are demanding 15% pay hikes when everyone of them ought to be fired with their jobs outsourced to the cheapest non-union shop.

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Politics

Monday, July 05, 2010

Coming Chaos: No Banks, No Public Facilities, No Food and Rampaging Gangs of Desperate People / Politics / Social Issues

By: Mac_Slavo

Best Financial Markets Analysis ArticleBob Chapman, of The International Forecaster, says it’s time to prepare for the worst, comparing our impending economic crisis to that which was experienced at the onset of 1348 and the following century and a half.

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Politics

Thursday, July 01, 2010

Changing Attitudes on the Value of an Education / Politics / Social Issues

By: Mike_Shedlock

In response to Teenagers Scared Over Plight of their Parents; Attitudes - Bernanke's Biggest, Most Futile Fight which was based on a comment on my blog by someone using the name "Nancy Drew", please consider this response from "Projammer"

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Politics

Thursday, June 24, 2010

The Greek Plague, Sticky Wages / Politics / Social Issues

By: David_Howden

Best Financial Markets Analysis ArticleAfter the deaths of three bank employees, Greek president Karolos Papoulias lamented that the debt-ridden country had finally "reached the edge of the abyss." It should be so lucky. Abysses allow for falls into the deep unknown. If real wages would make the plunge, Greek workers would have a future with more options than striking and senseless destruction.

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Politics

Thursday, June 24, 2010

The Brilliant but Confused Radicalism of George Orwell / Politics / Social Issues

By: Jeff_Riggenbach

Diamond Rated - Best Financial Markets Analysis ArticleEric Arthur Blair, who is best known under his pseudonym, George Orwell, was born 107 years ago this month in India, where his father was a British civil servant. His father's job, according to Orwell biographer Gordon Bowker, "was to oversee the growing of opium, mainly for export to China." Though young Eric's mother had herself grown up in Burma, the daughter of yet another British civil servant, she had long since tired of Asia; and when her son was only a year old she successfully lobbied her husband to ship her and their two children — Eric and his older sister, Marjorie — back to England. Eric did not see his father again for eight years, until he was nine years old and had come home for Christmas vacation from his "prep school," St. Cyprian's.

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Politics

Wednesday, June 23, 2010

Detroit is Dying, Impact of Globalization, Social Decay and Urban Destruction / Politics / Social Issues

By: Global_Research

Best Financial Markets Analysis ArticleA YouTube video titled "Dying Detroit" takes you on a tour of "neighborhoods literally falling apart"—through streets that look like "a hurricane has recently swept through, destroying nearly everything on its path." Thousands of houses have been abandoned—in many areas 50-60% of the houses are in foreclosure. Some blocks have only a few homes left standing. A thousand people a month are leaving what has been called " America ’s fastest dying city."

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Politics

Wednesday, June 23, 2010

Americans Worried Sick About Their Economic Future Are Barely Hanging on / Politics / Social Issues

By: Gary_North

Best Financial Markets Analysis ArticleThe recession that began in December 2007 produced a change in Americans' perception of their economic future. They moved from the tradition of hope to one of just barely hanging on. I have never seen this before. Only someone born around 1910 can recall anything like it, assuming that he recalls anything at all.

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Politics

Friday, June 18, 2010

The Western Way of Life is Collapsing / Politics / Social Issues

By: John_Kozy

Best Financial Markets Analysis ArticleThe Age of Enlightenment was born sometime around the beginning of the eighteenth century. A mere three-quarters of a century later, industrialization ushered in the Age of Endarkenment, and human life has grown more and more perilous ever since. The Golden Age of capitalism cannot be recreated merely by applying the right mixture of spending, subsidies, re-regulation, and international agreements. Because the economic advantages of industrialization rely on overproduction and profit, balanced trade is impossible if the advantage is to be preserved; it entails no economic profit. Industrialism is a Hegelian synthesis which embodies the forces for its own destruction. The greatest threat to the Western Way of Life is the Western Way of Life itself.

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