Economy

Israel's Socialist Dreams vs. Capitalist Realities


by Steven Plaut, Middle East Quarterly, Summer 2016 

Israel truly is the startup nation. There are more startups in Israel than in Western Europe, and the number of Israeli patents is among the largest for any country in the world. Shares of numerous Israeli companies trade on the NASDAQ stock exchange while acquisitions of Israeli high-tech companies by foreign investors inject many billions of dollars into the country every year.

Economic Collapse Will Serve One Purpose: "Global Governance And The Enslavement Of Mankind"


by Tyler Durden

The ever-tightening noose around the neck of man shows no sign of slippage: all actions by all of the governments are anent control and dominion. The path to global governance is plainly marked, visible through all of the turmoil. It is that turmoil, those “incidents” that are created and fostered by the governments that enable them to further constrict the noose. The economy plummets in Cyprus and Greece? Time to limit the cash withdrawals. The European banks are having a “hard time” in places such as France or Spain? Time to pillage people’s savings and their IRA’s.

The real reason why the special U.S.-Israel relationship is changing forever: Debt

Unsustainable

By World Tribune
By Norman Bailey

Israel just celebrated its 68th birthday. Since President Harry Truman overrode the entire foreign policy community of his day, inside the government and outside, and recognized the new State of Israel, the United States has been Israel’s external sponsor of last resort.

Turkey’s Journey from Secularism to Islamization: A Capitalist Story


By Halil Karaveli
The dynamics of capitalist development have played a much more central role for Turkey’s journey from secularism to religious conservatism – and before that for the Kemalist break with Islam – than what is generally recognized.

How the West (and the Rest) Got Rich

Storefronts along Hudson Street in New York City, circa 1860 to 1900.

By DEIRDRE N. MCCLOSKEY

The Great Enrichment of the past two centuries has one primary source: the liberation of ordinary people to pursue their dreams of economic betterment.
Why are we so rich? An American earns, on average, $130 a day, which puts the U.S. in the highest rank of the league table. China sits at $20 a day (in real, purchasing-power adjusted income) and India at $10, even after their emergence in recent decades from a crippling socialism of $1 a day. After a few more generations of economic betterment, tested in trade, they will be rich, too.

How the Kleptocrats’ $12 Trillion Heist Helps Keep Most of the World Impoverished


An investigative economist has crunched 45 years of official statistics to discover just how much kleptocrats have plundered from 150 mostly poor nations.
For the first time we have a reliable estimate of how much money thieving dictators and others have looted from 150 mostly poor nations and hidden offshore: $12.1 trillion.

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