Elon Musk, $50 billion, and Financialization – from production to extraction

Much is being made of a Delaware court blocking Musk’s $50 billion compensation contract. See the reporting in the NYTimes: Elon Musk’s Tesla Pay Package Is Voided by Judge. The court found that the compensation was set by a Board … Continue reading

Three charts that define the last 45 years in the US

Its the time of year for summations, usually for just the previous year. My selection of charts explains much of the past 45 years for the rich, middle-class, and poor in America. The Great Divide The dark blue line describes … Continue reading

$47 Trillion – the ripoff by the rich and corporations – in two charts – maybe a few more…..

I was already 31 years old when the rip-off of America began in 1979. I was busy, and the changes in American life were only occasionally to be noticed.  By the mid-1980s my management life started to feature the early … Continue reading

What is $47 trillion – 47,000,000,000,000 – a comparative exploration?

My previous post, “$47 Trillion – the ripoff by the rich and corporations – in two charts – maybe a few more…..” raises the question of exactly what 47,000,000,000,000 amounts to. There are so many “0”s! Let’s work with a … Continue reading

“How Structural Racism Works” – Tricia Rose and Samuel Rosen – recently noted

If you are struggling to get your head around how racism works you will probably find it helpful to have a general framework as a guide. This one hour lecture from 2017 features an overview by Brown University Professor Tricia … Continue reading

Tightrope – Americans reaching for hope by Kristof and WuDunn – book review

Tightrope provides a well-written description of the American crisis through personal stories and hard data. Unfortunately it falls flat in its call for action. Continue reading