Latest Posts with Capitalism tag

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The memories of socialism (Part 5 of 5)

6 Oct 2020 3 minute read 0 comments mgaft1

The Planned Economy   Unlike the “Wild West” where the economy developed based on the supply and demand of a free market, the socialist economy was planned. That meant that the central organization in Moscow planned any kind of production enterprise...

The memories of socialism (Part 4 of 5)

5 Oct 2020 4 minute read 0 comments mgaft1

Part 1, Part 2, Part 3   Free Stuff   Public transportation was very cheap. The bus, trolley, or metro trip was just a couple of pennies. Medicine and education in the Soviet Union were free. The quality of the medicine wasn’t as high as it is in th...

The memories of socialism (Part 3 of 5)

4 Oct 2020 4 minute read 0 comments mgaft1

Part 1   Part 2   Living Conditions   Compared to the cost of living in the West, my parents paid very little for the accommodation, maybe 1/20 of their combined monthly income. At the same time, securing a decent place to live was a problem. It was...

The memories of socialism (Part 2 of 5)

3 Oct 2020 4 minute read 0 comments mgaft1

Part 1   Human factor   Living under socialism, I always heard from the radio, TV, and in school that socialism makes labor a pleasure. This dominant narrative instilled in my mind the concept that people are so happy to give "their all" for their co...

The memories of socialism (Part 1 of 5)

2 Oct 2020 3 minute read 0 comments mgaft1

Since early childhood, I remember the emblem of three good grandpas: Marx, Engels, and Lenin. I thought that because of how good they are, all three of them live in Kremlin and during the new year, dress like Santa Clauses and bring children presen...

Lending Technology Providers Prepare for PPP Part 2

12 Jul 2020 2 minute read 1 comment FinRev

Late in the week, the U.S. Congress passed another coronavirus economic relief package. The legislation includes refilling of the depleted Paycheck Protection Program for small businesses, which most expect will be drained a second time — likely at a...

How to Make the Capitol Hill Autonomous Zone Sustainable Long-Term

17 Jun 2020 1 minute read 2 comments TheDesertLynx

The Capitol Hill Autonomous Zone, or CHAZ, is a grand experiment in the heart of Seattle in anarcho-communist, hyper-local, communal self-governance. There have been reports of all kinds of circumstances, ranging from a new and peaceful successful m...

The rising tide that doesn’t lift all boats

2 Jun 2020 4 minute read 4 comments Pay Now Buy Later

Every day there is a major event that will move the markets. Trade wars, currency wars, oil wars, pandemics, depression levels of unemployment, conspiracy theories; you name it Are there any more surprises left? Perhaps. With complete disregard for a...

Series: Best Crypto Video Discussion Of 2020 #3

26 May 2020 15 minute read 12 comments BitcoinGordon

Thank you for reading the first one (big assumption). Thank you for reading the second one! (assumption #2). Watch the video: https://youtu.be/xrnwlCQ-l9o     This post is about 4:00 to 6:00. This little chunk of video makes one of the profoundly im...

The deteriorated Economy of India experiencing Low Growth and Unemployment

23 Jan 2020 10 minute read 0 comments Greenchic

    These past recent months, there have been talks of weather India is staring at an Economic Crisis. The Indian Government, have tried to tone down this matter by saying that India is just going through a slowdown which is natural as a result of g...