US Capitalism.. racing to a cliff with Faster Growth and less Brakes
leaders remain wedded to economic metrics that say little about the well-being of humans and the environment.
Last month the Associated Press reported that the income gap in the United States broke a new record in 2012, with the 1 percent grabbing a greater share of total household wealth than ever before in history.
This news follows on the heels of the fact that the 1 percent not only captured all of the income gains during the first two years of the economic recovery, but also stole a portion of the already-existing incomes of the bottom 99 percent, causing median household income to decline despite overall economic growth. Continue reading “Capitalism is like Cancer : Direct Democracy is the answer”