economy

alternet.org — We need a healthcare bubble, an infrastructure bubble and a green bubble right now -- or else the whole thing will pop.

Thanks to Global Warming deniers in both government and industry, we are at least 25-years behind the curve on addressing human contributions to global climate change. And there's simply no way normal market forces are going to spend what it will take to catch up. In fact many industries, like coal and oil, have taken a page right out of the old Big Tobacco playbook, pumping out junk science and junkier scientists to counter such efforts.

The only way to catch up is to ignite the same animal passion that fuels every bubble - greed. "Make some green by investing green," needs to become one of America's investment mantras. "A healthy American is a consuming American" is another good one.

There are some early signs that just that kind of thing may be beginning to happen. With Democrats back in power, and the billions of fresh dollars rolling off the presses in DC, investors smell new opportunities in new places - the kind of places Democrats and the incoming Obama administration say they favor - healthcare, infrastructure and all things green.

Read Full Article »

alternet.org — The collapse of Communism as a political system sounded the death knell for Marxism as an ideology. But while laissez-faire capitalism has been a monumental failure in practice, and soundly defeated at the polls, the ideology is still alive and kicking.

The only place you can find an American Marxist these days is teaching a college linguistic theory class. But you can find all manner of free market fundamentalists still on the Senate floor or in Governor's mansions or showing up on TV trying to peddle the deregulation snake oil.

Read Full Article »