Mutual Aid

Someone please define "free market".

I was taught in Economics that at best, the "market" was an abstraction. The supply and demand mythology of Classical and Neo-Classical Economics are such a gross misrepresentation of reality that they can only be viewed as marginally helpful abstractions.

There is no such thing as a "free-market economy".

"Command and control" is an incendiary propaganda term for Communist economies. When a Capitalist Fascist is considered "a strong leader", a Communist, who is good at getting people to work together, "rules with an iron-fist".  read more »

I don't dispute that credit unions are the superior form of "thrift" institution. I have my money in a credit union.

My exception is with the Capitalist system which assumes that money will be worth less (eventually, and getting closer all the time, worthless).

If such a Moslem law were passed worldwide, the banning of all loan interest as usury, there would be no need for unions to pay out "dividends" and charge "interest", that is only slightly less usurious and inflationary than Bank loans. The lender, the saver, is the winner, and the borrower the loser in such transactions. But does the dividend really cover the inflationary spiral of the dysfunctional Capitalist system?  read more »

Housing and Property Ownership  read more »

Reforming Financial Systems   

With respect to the "nature of wealth", I think that the "quality of life" paradigm in lieu of the "standard of living" paradigm needs to be stressed.  read more »