From Bankruptcy to Bankruptocracy

one quick partial possible solution to global bankruptcy resp. bankruptocray – Unconditional Basic Income:  

  • Universal Basic Income Has Begun, 6.29 min, on The Big Picture RT, March 9, 2016 … Jenna van Draanen, Basic Income Canada Network all join Thom. What would happen if we simply gave every living person a stipend to live? It might sound like a fantasy – but they’re about to give it a try in Canada;
  • Basic income and other ways to fix capitalism – Federico Pistono, 20.23 min, uploaded by TEDxHaarlem, Sept 16, 2015 … A few years ago, those who warned us about the risks of technological unemployment were labelled as luddites, crazy, or techno-pessimists. Now some of the greatest economists agree that automation poses a serious threat to the economy, with jobs disappearing and inequality on the rise. Today, those proposing radically new ideas to deal with this problem are being called crazy and idealistic. Old ideologies are outdated in the face of exponential change; we need to embrace a more holistic and adaptive system. I believe experiments with unconditional basic income, coupled with the utilization of crypto currencies and blockchain-based technologies, will help us find the answers …;
  • Fiscal waterboarding, bankruptocracy, and other Varoufakis metaphors, on QUARTZ, by Kate Groetzinger, July 28, 2015: … there is nothing that our proud countries can do other than to say ‘No’ (xvii);

Related Links:

Other Links:

Economics for the Rest of Us Explains NAIRU, Including Its Political Implications, on naked capitalism, by Yves Smith, May 22, 2016 ( the Non-Accelerating Inflation Rate of Unemployment NAIRU);

Blowing the Whistle: Former US Official Reveals Risks Faced by Internal Critics, on Spiegel Online International, by Mark Hertsgaard, Felix Kasten, Marcel Rosenbach and Holger Stark, May 22, 2016 (Photo Gallery): US President Barack Obama has said that Edward Snowden should have used official channels instead of taking NSA spying public. Now, a former high-ranking US government official has revealed how the Pentagon retaliates against internal critics;

Das Lied vom Ende des Kapitalismus, auf, von Rainer Springenschmid, 28. April 2016;

… and this:

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