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Reading harmfuleconomics.org

This website concerns the economics of exploitation and oppression. The website has two major parts.   The first, the Understanding harm page, gives an analytical overview of harm and social systems that contain harm. The second, this homepage and related pages, feature current news stories and analysis where harm is important.  Standard economics principally looks at income obtained from production.  This website looks at income or other benefit gained by harm. This is much more important than suggested by standard economics. There is not just a productive system; there is a productive + harmful system. The view taken in this website is that through control of a society and its key elements (economy, government, values) some people/groups in the society obtain income from others. This income is not based on production, but some form of taking away from others. This taking away is typically resisted. Thus there are two basic aspects in a social system where harm is important: obtaining income and maintaining control. This is expressed in the principal categories used in the website, which can be seen in the right column of this and every page.

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Oppression and Exploitation News January 14 – 20

Struggle for control – staying in power 2021

Uganda’s leader of 35 years is re-elected amid accusations of vote-rigging Abdi Latif Dahir New York Times January 16, 2020
President Yoweri Kaguta Museveni faced his strongest challenge yet from Bobi Wine, a rapper-turned-lawmaker.

What Parler saw during the attack on the Capitol Lena V. Groeger, Jeff Kao, Al Shaw, Moiz Syed and Maya Eliahou ProPublica January 17, 2021

‘Hold the Line, Patriots’: New scenes from the Capitol riot Jonah M. Kessel, Timothy Wolfer, Edythe McNamee and Sarah Kerr New York Times January 7, 2021

Pro-Trump mob swarms Capitol New York Times January 6, 2021

Control of land and natural resources 2021

America’s biggest owner of farmland is now Bill Gates Ariel Shapiro Forbes January 14, 2021

The 100 largest landowners in the United States Land Report January 11, 2021

Control of land and natural resources 2020

What’s between 30 million Americans and an eviction tsunami? Only government intervention can keep millions of Americans housed.  Francesca Mari New York Times December 2, 2020 (opinion)
The U.S. financial sector has been strongly supported during the Covid 19 crisis with well over $1 trillion of U.S. government assistance—so strongly, in fact, that financial values have soared. Meanwhile, 30 million low-income renters, without even the basic property of a home, face eviction and need substantial financial assistance. —Harmful Economics

Struggle for control – staying in power 2021

What Parler saw during the attack on the Capitol Lena V. Groeger, Jeff Kao, Al Shaw, Moiz Syed and Maya Eliahou ProPublica January 17, 2021

‘Hold the Line, Patriots’: New scenes from the Capitol riot Jonah M. Kessel, Timothy Wolfer, Edythe McNamee and Sarah Kerr New York Times January 7, 2021

Pro-Trump mob swarms Capitol New York Times January 6, 2021

Oppression and Exploitation News January 7 -13

Struggle for control – staying in power 2021

Pro-Trump Mob swarms Capitol New York Times January 6, 2021

‘Hold the Line, Patriots’: New scenes from the Capitol riot Jonah M. Kessel, Timothy Wolfer, Edythe McNamee and Sarah Kerr New York Times January 7, 2021

Harm through the market 2020

Risky loans secure private-equity payouts despite downturn. Companies borrow heavily to send cash to owners, boosting debt levels Brian Spegele and Laura Cooper Wall Street Journal December 17, 2020

Monopolies inflict great harm on low- and middle-income Americans James A. Schmitz, Jr. Federal Reserve Bank of Minneapolis May 15, 2020