Mass movements don’t just appear out of the fog, fully grown, structured and mobilized. They emerge in fits and starts over many years, just as the American Revolution did, and as did the Populists’ original idea of a “cooperative commonwealth.” In 2011, a serendipitous moment for the populist cause rumbled across our land. That September, […]
1-percenters
A tax on high frequency traders
Have you heard about High Frequency Trading? HFT is sweeping, purely speculative financial transactions that have been made possible by huge leaps in technology. Done by super-fast computers, using mathematical algorithms, HFT searches millions of prices at lightning speeds and places bets automatically. Transaction times are measured in milliseconds, as the global network of “trading […]
Getting ahead on the backs of others
Having been raised in a small-business family and now running my own small outfit, I always find it heartwarming to see hardworking, enterprising folks get ahead. So I was really touched when I read that, even in these hard times, one extended family with three generations active in their enterprise is hanging in there and […]
