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Monopoly was Invented to Demonstrate the Evils of Capitalism

Kate Raworth Aeon
The original purpose of Monopoly was for players to experience a ‘practical demonstration of the present system of land grabbing with all its usual outcomes and consequences’ and hence to understand how different approaches to property ownership can lead to vastly different social outcomes.

Friday Nite Videos | July 14, 2017

Portside
Why Donald Trump Jr.'s Emails Change Everything. Neil Young | Children of Destiny. Capitalism Will Eat Democracy -- Unless We Speak Up | Yanis Varoufakis. Why Are We The Only Humans Left? Vladimir Putin Regime Marked By Graft And Corruption | On Assignment with Richard Engel.

books

Why Are Economists Giving Piketty the Cold Shoulder?

Marshall Steinbaum Boston Review
Piketty's radical and largely on-target critique of contemporary capitalism, the reviewer says, was mostly greeted with hostility by the economics establishment, when not simply ignored, stonewalling Capital in the Twenty-First Century, so it would not have the impact on economics research agendas that it merits, particularly in explaining inequality — in effect a dead zone in mainstream economic analysis. The reviewer thinks much can be gleaned from Piketty's work.

Expanding the Slaveocracy

Matt Karp and Eric Foner Jacobin
Historians Eric Foner and Matt Karp on the international ambitions of the US slaveholding class — and the abolitionist movement that brought them down.

From Bad to Worse for Puerto Rico

Joseph E. Stiglitz and Martin Guzman Project Syndicate
The plan by the oversight board for Puerto Rico will depress the economy further and fuel a debt spiral, in which Puerto Ricans, US taxpayers, and in the long run, even the creditors will lose
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