Blogging for family, friends, and visitors, updated intermittently. A semi-permanent record. Mostly a photoblog but not entirely.
Friday, December 27, 2013
Saturday, December 14, 2013
Friday, December 13, 2013
feed the oligarchs, see what happens
this quote:
image thanks to: http://economyincrisis.org/content/america-is-caught-in-a-vicious-downward-cycle
'He is referring to the 2012 book Why Nations Fail: The Origins of Power, Prosperity, and Poverty, in which economist Daron Acemoglu, of the Massachusetts Institute of Technology, argues that societies fail when they move from an inclusive to an extractive economy, meaning an economy “designed to extract incomes and wealth from one subset of society (the masses) to benefit a different subset (the governing elite).”'from: http://www.thestar.com/news/atkinsonseries/2013/12/13/the_incredible_disappearing_middle_class.html, via: @sarahkendzir
image thanks to: http://economyincrisis.org/content/america-is-caught-in-a-vicious-downward-cycle
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