Citizen Action Monitor

Myth #22: Nate Hagens discredits claim “We Can Always Get More Resources If We Have More Money”

“We can create money, but we cannot create energy, only extract what exists — FASTER.” No 2757 by fw, July 5, 2021 — “We can create money, but we cannot … Continue reading

July 5, 2021

Hagens’ seventh Intervention and Wild Idea: “How Are We?” A project to measure our WELL-BEING

“How Are We?” will collect real data to measure how Americans are doing in terms of Life-Style metrics like health, jobs, meaning, safety, community, etc. No 2744 Posted by fw, … Continue reading

June 21, 2021

Biden believes economic sanctions against China and Russia can bring down their governments

  So says renowned US economist Michael Hudson in an interview about his new book titled “Super Imperialism.” — No 2731 Posted by fw, May 16, 2021— “The United States … Continue reading

May 16, 2021

Global growth is capitalism’s doomsday machine, ending in global collapse

Richard Heinberg advises “repurposing growth capital now to help unwind the doomsday machine sooner rather than later.” — No 2717 Posted by fw, March 6, 2021 — “[T]he growth mechanisms … Continue reading

March 6, 2021

Screw the workers, enrich the billionaires — so goes America’s financialized, privatized capitalist economy

It wasn’t always this way. What happened? US professor of economics explains. — No 2696 Posted by fw, January 2, 2021 In a recent one-and-a-half-hour videorecording of a conversation between … Continue reading

January 2, 2021

Why major parts of the world economic system appear headed for collapse — Gail Tverberg explains

“Today’s economy is like a down escalator on which most citizens are trying to walk up — and really want to get off.” — No 2693 Posted by fw, December … Continue reading

December 24, 2020

Nine killer facts about capitalism you need to know – Chris Hedges explains

Until citizens have an electoral system that’s not dependent on corporate money, capitalists will continue to practice legalized fraud. — No 2675 Posted by fw, October 28, 2020 — In … Continue reading

October 28, 2020

Why capitalism is failing workers and triggering repeated economic crashes – US economist explains

Richard Wolff sees workers’ growing awareness of capitalism’s failures as a force for system change. — No 2667 Posted by fw, October 5, 2020 — “The problem of policies aimed … Continue reading

October 5, 2020

The US Fed is “turning its massive injections of ‘liquidity’ into a narcotic for Big Business”

Ignored is the fact that ordinary people’s pension and mutual fund savings are being sucked into a speculation vortex — No 2646 Posted by fw, July 26, 2020 — “The … Continue reading

July 26, 2020

Transitioning from fossil fuels to renewables will be like going on an energy crash diet: Stan Cox explains

If fossil fuels are rapidly cut in the transition renewables, the pool of energy will shrink, and so will our economic growth. No 2644 Posted by fw, July 20, 2020 … Continue reading

July 20, 2020

Why we must quickly transition from fossil fuels, and how it can be done with a Green New Deal

Stan Cox outlines achievable ideas for a climate solution that addresses glaring gaps in most GND articles. No 2621 Posted by fw, May 11, 2020 — “A leakproof, declining cap … Continue reading

May 11, 2020

Think of Wall Street as a “wall” protecting the rich from the rest of us

Until the rich feel our pain, it’s easy for them not to care. No 2620 Posted by fw, May 10, 2020 — “In the month of April—as 30 million Americans … Continue reading

May 10, 2020

Nightmare scenario will emerge if virus continues to suffocate the global economy for a year or more

The avalanche of debt is tolerable IF economies return to normalcy within six months. After that, we’re in uncharted territory. No 2608 Posted by fw, April 4, 2020 — “Without … Continue reading

April 4, 2020

Humanity has become “a mindless, energy-hungry, CO2-emitting Superorganism,” says Dr. Nate Hagens

To avoid facing the consequences of global growth constraints, we’re now pursuing economic growth in increasingly risky, unsustainable ways. No 2595 Posted by fw, March 1, 2020 To access links … Continue reading

March 1, 2020

Trump brags he has been good for the economy; Nobel laureate says nothing could be further from the truth

Nobel laureate in economics, Joseph Stiglitz, has the evidence to prove he’s right, and that Trump is “BIGLY” wrong. No 2573 Posted by fw, January 20, 2020 — “It is … Continue reading

January 20, 2020

Why is perpetual economic growth the engine of civilization’s inevitable collapse? Tim Garrett explains

Future growth depends on availability of energy and raw materials on a finite planet – and we’re depleting those resources faster than ever. No 2561 Posted by fw, December 21, … Continue reading

December 21, 2019

Without drastic cuts in our consumption, cutting emissions alone won’t halt environmental decline

Even if we transition to renewables, our use of natural resources to make more stuff to consume will continue to grow. No 2517 Posted by fw, September 6, 2019 “Reaching … Continue reading

September 6, 2019

Transition to a zero carbon economy is fundamental challenge, says Bank of England Governor

But will the Governor’s proposal to “rebuild macroeconomics” really lead to our salvation? Or am I missing the point? No 2489 Posted by fw, July 10, 2019 “The most fundamental … Continue reading

July 10, 2019

The Great Simplification coming next decade with 30% drop in capitalist economies, says Dr. Nate Hagens

Globally, we’re turning into an energy-squandering superorganism, like some energy-hungry, blind, purposeless amoeba. No 2480 Posted by fw, June 10, 2019 To access links to other posts by Nate Hagens … Continue reading

June 10, 2019