My take on the commodity supercycle and stock market zeitgeist...and the new era of precious metals, uranium (just bottoming, btw)and alternate energy. As I have said here since 2005 "Get ready for peak everything, the repricing of the planet and "black swan" markets all over the place".
14 January 2007
Sanders Research Associates - Why a democratic economy would be a more efficient economy, Part I
Sanders Research Associates - Why a democratic economy would be a more efficient economy, Part I: "Agricultural societies are where hierarchies first became established. Whether this happened from necessity, imposition from outside, or both, one can not know; but the result was that a grain surplus was created by the unfortunate field workers which the elite used to keep themselves and their military compatriots in fine fettle. Effectively, the poor peasants were forced to create the food to feed their masters. A priest class emerged to create religions to try and convince the masses that servitude was what the gods wanted; today, neoclassical economists serve essentially the same function."
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