The Just Third Way

A Blog of the Global Justice Movement

Monday, March 2, 2009

Partying Like It's 1933

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Since last Wednesday, the dollar has gained against the Euro from a low of .745 to today's latest high of .795. This is incomprehensibl...
Friday, February 27, 2009

News from the Network, Vol. 2, No. 9

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Today's Washington Post gave a frightening outline of Mr. Obama's $3.6 trillion budget. It was only a few days ago that the presid...
Thursday, February 26, 2009

Bank Bailout, Part I: An Alternative to State Control of Money and Credit

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As Marx and Lenin predicted, State control of money and credit is the fastest way to undermine the capitalist — or any — system, and establi...
Wednesday, February 25, 2009

We Have Seen the Future . . . And It Doesn't Work

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Listening to President Obama's speech last night, it becomes increasingly obvious that, despite his very evident good intentions, he is...
Tuesday, February 24, 2009

Stimulus, Part IX: What's Wrong with Worker Ownership?

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As we learned in the previous posting in this series, socialism — State ownership or control of the means of production — is not the answer ...
Monday, February 23, 2009

Stimulus, Part VIII: Is Socialism the Answer?

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As we saw in the previous posting in this series, the downside of the tremendous industrial, commercial, and agricultural expansion in the U...
Friday, February 20, 2009

News from the Network, Vol. 2, No. 8

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While most of the world is properly worried about the economic crisis, and the financial markets continue to drop on the expectation that th...
Thursday, February 19, 2009

Stimulus, Part VII: Show Me the Money!

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In the previous posting in this series we learned that the Keynesian dogma that new capital formation can only be financed by cutting consum...
Wednesday, February 18, 2009

The Just Third Way and Capital Homesteading in Ireland

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In early February, CESJ sent copies of Capital Homesteading for Every Citizen to a number of party leaders and other politicians in Ireland...
Tuesday, February 17, 2009

Stimulus, Part VI: Does the "Real Bills" Doctrine Work?

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As we saw in the previous posting in this series, in theory money can be created as needed if both parties to the creation of the money — th...
Monday, February 16, 2009

What's Wrong With This Picture?

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According to an Associated Press report , Tzipi Livni, who hopes to be appointed the new prime minister, has declared that Israel can achiev...
Friday, February 13, 2009

News from the Network, Vol. 2, No. 7

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Much of the news this past week centered on the stimulus package, which (depending on your source) had a spread of $750 billion to $3 trilli...
Thursday, February 12, 2009

The Homestead Act: Abraham Lincoln's Greatest Legacy

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Most of what you read today, the 200th anniversary of the birth of Abraham Lincoln, will justifiably focus on "the Great Emancipator...
Wednesday, February 11, 2009

Doubling Down in Washington

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We wish that our 200th posting could be a little happier. In the ultra high stakes political games played in Washington, DC, $1 million is t...
Tuesday, February 10, 2009

Stimulus, Part V: Future Wealth and Money Creation

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As we saw in the previous posting in this series, there is a source of financing apart from existing pools of savings, "savings" b...
Monday, February 9, 2009

Stimulus, Part IV: Creating Money for New Capital Formation

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In the previous posting in this series, we observed that Keynes' basic assumptions, that new capital formation can only take place once ...
Friday, February 6, 2009

Funding the Stimulus Package

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Kemp Harshman, Esq., Guest Blogger The government stimulus package (a Keynesian remedy) could (and probably will) exacerbate the current cre...

News from the Network, Vol. 2, No. 6

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Every time we turn around, it seems as if President Obama wants more money that doesn't exist to spend on something that won't work....
Thursday, February 5, 2009

How Would YOU Spend $925 Billion (and Rising)?

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As the amount of Mr. Obama's "stimulus" (newspeak, evidently, for "pork") continues to escalate from incredible, to ...
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