Daily Archives: July 7, 2018


Rigged: How Globalization and the Rules of the Modern Economy Were Structured to Make the Rich Richer

Dean Baker has an interesting book Rigged: How Globalization and the Rules of the Modern Economy Were Structured to Make the Rich Richer.

There has been an enormous upward redistribution of income in the United States in the last four decades. In his most recent book, Baker shows that this upward redistribution was not the result of globalization and the natural workings of the market. Rather it was the result of conscious policies that were designed to put downward pressure on the wages of ordinary workers while protecting and enhancing the incomes of those at the top. Baker explains how rules on trade, patents, copyrights, corporate governance, and macroeconomic policy were rigged to make income flow upward.

I just started to read this free book. I am up to page 7 so far. It looks like it is going to be a fascinating book if you find economics fascinating. I am one of those crazy people who do think the subject is fascinating.


Former US Envoy to Moscow Calls Intelligence Report on Alleged Russian Interference ‘Politically Motivated’

Consortium News has the article Former US Envoy to Moscow Calls Intelligence Report on Alleged Russian Interference ‘Politically Motivated’,

Prominent journalists and politicians seized upon a shabby, politically motivated, “intelligence” report as proof of “Russian interference” in the U.S. election without the pretense of due diligence, argues Jack Matlock, a former U.S. ambassador in Moscow.

I have seen too many “progressives” lately seeming to jump on the anti-Russia propaganda bandwagon that is being promoted by the corporate media and the corporate Democrats. I wanted to have the link to this article handy as something to show to these people when they don’t seem to realize how they are being duped.