“Currency speculation-over a trillion dollars a day-is a tax-free activity. The notion of a tax on "day trades" or other speculative swaps was revived in recent years, but has been studiously ignored by all our purveyors of conventional economic wisdom. That is because we have been persuaded, against logic, and moral sense, that the institution that most needs our support these days is not society, nor the human community, but the global corporation.” NeedsYearsHumansHas BeensCommunityMoralSupportEconomicActivityTaxesCapitalismLogicInstitutionsTradeDollarsNotionThese DaysCorporationsConventionalCurrencyIgnoredSpeculation Author:Eric Kierans
“Capital movements are no longer necessarily related to the production of goods and services. Through the financial markets of the world, capital movements today are overwhelmingly concerned with the capture of and trade in property rights, the ownership of assets that magnify a corporation's wealth, power, and control. It is what John Maynard Keynes described as "a casino world"-wealth without worth.” WorldTodayWealthRightsMovementCapitalismConcernedTradePropertyFinancialProductionsCorporationsRelatedGoodsAssetsCaptureOwnershipProperty RightsCasinosGoods And ServicesFinancial MarketsPower And ControlKeynes Author:Eric Kierans
