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The Just Third Way: May 2015
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The Just Third Way. A Blog of the Global Justice Movement. Friday, May 29, 2015. News from the Network, Vol. 8, No. 22. As of this writing, the Dow is down more than a hundred points. . It was up over a hundred the other day, just after it was down over a hundred. . This is not a Good Thing for many reasons. . From a historical and psychological point of view, it desensitizes people to fluctuations in the market, increasing what psychologists call “the zone of indifference,” i.e. Thursday, May 28, 2015.
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The Just Third Way: News from the Network, Vol. 8, No. 30
http://just3rdway.blogspot.com/2015/07/news-from-network-vol-8-no-30.html
The Just Third Way. A Blog of the Global Justice Movement. Friday, July 24, 2015. News from the Network, Vol. 8, No. 30. As of this writing the Dow is down another 125 points or so. Don’t worry, though. Primarily, of course, despite what “the experts” would have you believe, the stock market is not the sector where primary activity takes place. That’s why it’s called “the secondary market.”. In a rational world, the primary market affects the stock market, not the other way around. 8221;, has been transl...
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The Just Third Way: March 2015
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The Just Third Way. A Blog of the Global Justice Movement. Tuesday, March 31, 2015. A Few MORE Capital Homesteading Monetary Reforms. Yesterday we looked at one or two things that should be done to return the Federal Reserve system (or any central bank, for that matter) to its original purpose of providing adequate liquidity for private sector development for qualified agricultural, commercial, and industrial projects. . Note that financing government was not. Posted by Michael D. Greaney. Yes, there...
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The Just Third Way: Solving the Greek Debt Crisis, XI: Working With Debt
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The Just Third Way. A Blog of the Global Justice Movement. Tuesday, July 21, 2015. Solving the Greek Debt Crisis, XI: Working With Debt. Yesterday we saw how the United States implemented a plan to replace its various debt-backed currencies (United States Notes, National Bank Notes, and the Treasury Notes of 1890) with debt-backed Federal Reserve Bank Notes, and replace the debt-backed Federal Reserve Bank Notes with asset-backed Federal Reserve Notes. Why, this ain't complicated at all! All Greece has t...
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The Just Third Way: February 2015
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The Just Third Way. A Blog of the Global Justice Movement. Friday, February 27, 2015. News from the Network, Vol. 8, No. 9. If we counted correctly, this is the 1,776. Posting on the Just Third Way blog. . Not that we’re in to numerology or anything, but 1776 was the year that George Mason drafted the Virginia Declaration of Rights, which was the forerunner of the Declaration of Independence. . Posted by Michael D. Greaney. Thursday, February 26, 2015. Lord of the World, XI: A Turning Point for Humanity.
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The Just Third Way: Some (More) Thoughts on Money
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The Just Third Way. A Blog of the Global Justice Movement. Thursday, July 23, 2015. Some (More) Thoughts on Money. We got some comments a week or so ago when we started the just-finished series on the Greek debt crisis. While no doubt well-intentioned, however, the comments were based on misconceptions about money, credit, banking, and finance, as well as the facts of history, that made it impossible to respond. Still, we tried. Malthus: puzzled by Say's Law. Just one example of his slightly distorted hi...
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The Just Third Way: Who Will Own?
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The Just Third Way. A Blog of the Global Justice Movement. Monday, July 27, 2015. A while back, say, a century or so, Judge Peter S. Grosscup of the U.S. Seventh Circuit Court of Appeals published an article with the title, “Who Shall Own America? 8221; ( American Illustrated Magazine. A few weeks ago the “Mensa Weekly Brainwave” sent around a link to an article in the MIT Technology Review. 8220; Who Will Own the Robots? We’ll leave that to the unemployed English majors. 1958) and The New Capitalists.
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The Just Third Way: Local or Express?
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The Just Third Way. A Blog of the Global Justice Movement. Wednesday, August 5, 2015. Louis Kelso once commented that socialism is a commuter train, a “local,” while communism is an express. Both socialism and communism end up the same place — the abolition of private property and State control of virtually every aspect of life — but communism destroys the basis of State, Church, and Family faster and more efficiently than socialism. Louis Kelso: Marx could define socialism. Is, in part, a very effective...
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The Just Third Way: Minimum Wage or Profit Sharing?
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The Just Third Way. A Blog of the Global Justice Movement. Tuesday, August 4, 2015. Minimum Wage or Profit Sharing? People these days talk a lot about the “sharing economy,” although no one seems to know exactly what that means. Some of the articles we’ve seen take the approach that the rich should share what they have with the poor, while others that the poor should share what they have with other poor. Everybody paid the same, regardless of their input? 8212; what is due to the workers in justice. ...
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The Just Third Way: April 2015
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The Just Third Way. A Blog of the Global Justice Movement. Thursday, April 30, 2015. The Lost Speech of Peter S. Grosscup, II: Ineffective Efforts. As has been known for some time, concentrating ownership of capital in the hands of a few people (capitalism) or the State (socialism) necessarily means that most people will not own a significant capital stake — or any at all, for that matter. . The modern ideal, as the solidarist economist Goetz Briefs (1889-1974) explained in The Proletariat. Yesterday so...
