Sep 14Business regulation and oversight — a fundamental necessity.Proponents of free markets want fewer regulations and oversight, but that’s simply wrong, like so many other things about free market policies. As a society, we have to accept a general principle that businesses will not act ethically or morally but rather in their own financial interests (unless compelled to…Economic Inequality2 min readEconomic Inequality2 min read
May 31Fixing our broken economy is your responsibility.Like so many people, you are probably fed up with our economy. Wages have declined in real terms. Living costs are rising. Job security and employment terms have declined. Government expenditure on services and infrastructure has deteriorated and is now pathetic. The list of hardships goes on. Clearly, the economy…Economy15 min readEconomy15 min read
Feb 26The loss of manufacturing hurts you.Over the past four decades, our economy has lost much of its manufacturing capacity. Manufacturing contributes less than 10% to GDP in the UK, whereas services contribute over 80%. We are told not to worry as services are a good replacement. This is not true. It’s a monstrous lie. It’s…Society6 min readSociety6 min read
Feb 21Who is addressing economic injustice?We are all aware, either explicitly or intuitively, that our economy no longer serves the majority, only the rich. This is a serious problem. Given its seriousness, who’s addressing the problem? You presume some capable and knowledgeable organisations have picked up the baton on our behalf. True, some organisations are…Society4 min readSociety4 min read
Feb 13Why the purpose of business affects you.This statement may appear obscure and of little interest to you. After all, who cares about the purpose of business? It certainly won’t top most philosophically minded people’s to-do lists, but perhaps it should. I’m sure it’s on the list of those concerned with our socioeconomic and environmental problems. Some…Society4 min readSociety4 min read
Feb 9Austerity feeds the rich.At the dawn of the Dark Age, when Thatcherism and Reaganomics were introduced, a new form of feudalism emerged. It established a new ruling class — the mega-rich, who preside over us today. The distinguishing feature of this new era is that nothing appears to be what it is. It’s…Economic Inequality5 min readEconomic Inequality5 min read
Feb 67 Reasons why the Accounting Model causes Economic Apartheid.The root cause of our most serious social, environmental, economic, and business problems can be placed at the feet of our Accounting Model. As business forms the basic building block of our economy, what we do in business is mirrored throughout the economy. The Accounting Model serves shareholder needs exclusively…Economy15 min readEconomy15 min read
Feb 1Our dysfunctional economy in a picture and a few words.This chart depicts how we have transitioned from a functioning to a dysfunctional economy over the past four decades. The journey starts with a democratically elected government, which, by and large, serves majority needs, providing balance in serving society and market needs. The government is influenced by 10 “INFLUENCERS”, for…Society3 min readSociety3 min read
Jan 30Economic Apartheid is caused by the Accounting Model.Most believe our economy no longer serves them, that we live under economic apartheid, where only the rich are served. Why is this? What’s the cause? There are many causes, but let’s start by identifying the single biggest cause. To do that, let’s look in the most obvious place of…Society11 min readSociety11 min read
Jan 23Quality-of-life in freefall. The measure the rich don’t want you to see.We live in a democracy, so we assume our government and economy serve us. But things don’t seem or feel right. We are unable to put our finger on the problem. We know we are being misled and lied to. …Economic Inequality5 min readEconomic Inequality5 min read
