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With this question I not only intend to cover the economical aspects of this endeavour (i.e. if PRC is a profitable market for Goolge), but also the political questions involved (i.e. if Google was able to implement its version of freedom of information despite a different view on the Chinese side).

It would be nice if some respondents could also refer to scholarly work on the subject since I'm having trouble in finding good literature.

It appears from the historical-cultural data of different human civilizations that institutional power is the direct product of the political economy of a particular institution.In order to create institutional power,individuals and groups employ different social strategies which may include, weapons and technology,land control,water control,labor control,myths and religious beliefs.

Especially in the United States and other Global North countries...

This is a new thread to pick up the discussion started in the Romney-Bain thread, which seems to have been closed off by RG. I have not been able to see anything new for two days, including my own replies, and apparently Peter at least has been having the same problems.

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It's interesting the Marx predicted the final phase of capitalism would be "finance capitalism" -- defined as the subordination of processes of production to the accumulation of money profits in a financial system.

Are we there yet?

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Hello Peter. I cannot post to that thread either. I have sent a message to Researchgate, but received no reply. It appears as if that thread may have hit some kind of limit. We should start another one.

Thank you for your reply to my request for clarification. We agree that the Fed should be replaced with a true National Bank of the U.S., and I agree with most if not all of your reasons. (I do not see where it is unconstitutional for the U.S. to issue fiat money. However, I do favor the argument that the Fed itself is an unconstitutional delegation of authority.)

Where we seem to disagree is on the correct course of action. As I have stated, I do not favor a return to the gold standard, see no real problem with fiat money--as long as it is under control of The People, and I also have no problem with fractional reserve banking. It may be that my messages to this effect were lost in the technical problems. Basically, I argue that the defeat of Napoleon by Britain was evidence of the power and efficacy of credit, as Napoleon used only "sound money" and believed, mistakenly, that Britain would become bankrupt because of its reliance on credit.

Anyway, I enjoy your postings and ... who knows? ... maybe we will learn from each other and eventually find some agreement on these issues.

---------Regards, James Sturges

Starting a new thread on Romney - special importance given the extent of amnesia about Reagan-era policies in Central America

Dear members,

We need psychologists, sociologists, philosophers, managers and economists in the group. You may find interest to join and participate specifically in:

Sincerely,

Adrian Toader-Williams

Thanks to ResearchGate I found my journal article on EconPapers was assigned the incorrect title. It has now been corrected there but not on ResearchGate. When will it be corrected?

Hello and well met,

Some basic rules:

1) All remarks will be "on the record" unless otherwise is agreed between individuals.

2) Please conduct yourself like professionals. Discussion is to remain civil. Please keep it respectful. Everyone will benefit and more sides will be heard. Its OK to agree to disagree.

3) All schools of thought are welcome here.

Christopher R. Langelage

[Group Admin]

As-salaam Alaaikum

Only Three central banks in the World now not owned by Rothschild

The report of the real reason the USA wants to start a war with Iran

truly makes sense; Russia, China, and Iran all wanting to deal in Gold

will undermine our dollar which over the years has become worthless.

In our past the dollar was worth its value in gold and silver, but

because of greed and a truly false power its lost its value. American

aircraft carrier Enterprise due for decommissioning, placed in sea of

Iran, allowed to be sunk as justification for invasion of Iran which

also wants its oil paid for in Gold like Iraq did

Economic Conditions in the process of the collapse of the Federal Reserve system are moving more rapidly then I had anticipated.

Media News 2-10-2012 About Abolishing Federal reserve

ARE FEDERAL RESERVE PRESIDENTS GAMING THE SYSTEM

Ben Bernanke: The Official Counterfeiter

The Federal Reserve and Other Crimes against Capitalism

Ten Things the every American should know about the Federal Reserve

Fed Printing Money and sending it to Europe

Lots of people have written about how ridiculous it is that the Federal Reserve claims its loans to the European Central Bank are "secured." the problem is that the loans are only secured by euros that exist only in electronic form on a database in Frankfurt, where the ECB is based. If the ECB ever defaulted on the loan, we wouldn't be able to collect our collateral without invading Europe. If we smashed Europe to reclaim our collateral, the value of the euro would fall to zero anyway.

The Fed sells $6,000,000,000 in securities to Goldman Sachs. So if the lose value the fed cab bail them out again, and pass the printed money as a hidden tax to the poor in the form of taxes

The Federal Reserve's Explicit Goal: Devalue The Dollar another 33%

Banks, Pensions cannot earn the return necessary to fund their pension plans. Deficit increases by $500 billion this year

Five US banks will pay more than $25 billion in the biggest civil settlement involving states and the federal government to end a probe of abusive foreclosure practices stemming from the collapse of the housing bubble.

remain subject to criminal charges.

50 States of the United States want currencies in silver and Gold instead of paper Federal Reserve Notes

31,000,000 Americans became age 65 in 2011. That has added $310 billion dollars to the annual budget of the United States not including the cost of Medicare and Medicaid benefits, which young American will have to pay for. It took 198 years for the U.S. Government to borrow the first trillion dollars. Then, in just another 12 years, mostly under the Reagan ministration, it borrowed another three trillion. By the first year of the George W. Bush Administration, even before the terrorist attack on September 11, the federal debt had risen to over $5.8 trillion. By 2010 it had risen to $202 trillion, when all liabilities are included.

It is difficult to comprehend such numbers. If you had a stack of $100 bills 40 inches high, you would be a millionaire. $202 trillion would rise over 127 thousand miles into space. By the time you read this, after the expenditures of subsequent administrations that stack has reached the moon.

By 2006, gross interest payments on the national debt were running $406 billion per year. That consumed 17% of all federal revenue. It now represents the governments largest single expense; greater than defense; larger than the combined cost of the departments of Agriculture, Education, Energy, Housing, and Urban Development, Interior, Justice, Labor, State, Transportation and Veteran’ affairs

These charges are not paid by the government; they are paid by you. You provide the money through taxes and inflation. The cost currently is about $5,000 for each family of four. All families pay through inflation but not all pay taxes. The cost of each taxpaying family therefore is higher. On average over $5,000 is extracted from your family each year, not to provide government services or even to pay off previous debt. Nothing is produced by it, not even roads or government buildings. No welfare or medical benefits come out of it. No salaries are paid by it. The nation’s standard of living is not raised by it. It does nothing but pay interest.

Furthermore the interest is compounded, which means, even if the government were to completely halt its deficit spending, the total debt would continue to grow as a result of interest on that portion which already exists. In 2006 interest on the national debt was already consuming 39% of all the revenue collected by personal income taxes.

Amazing, isn’t it? Without interest on the national debt we could save enough to cut our personal income taxes by a third and we could reduce corporate taxes as well. Unfortunately, under present policies and programs, that is not going to happen, because Congress does not live within its income. Many expenses are paid, not from taxes, but from selling government bonds and going deeper into debt each year. So, even if we could save enough to slash personal income taxes, it would not be enough. The government would still go into the red to keep its present life style. However if a reduction in the size and scope of the bureaucracy were accomplished at the same time, personal and corporate income taxes could be eliminated and the government would have an annual surplus.

By 2008, outlays of the federal government were one-fourth of the nation’s economy. More people now work for government than for all manufacturing companies in the private sector. There are more bank regulators than bankers, more farm-bureau workers than farmers, more welfare administrators than recipients. More citizens receive government checks than those who pay income taxes.

By 2010 the average federal worker was earning 60% more than the average worker in the private sector. By 1992 more than half of all federal outlays went for entitlements

Normally with contracts for future obligations like private insurance company pension plans, annuities, life insurance, the issuer is required by law to accumulate money into a fund to make sure that there will be enough available to make the payments when future payments become due. The federal government does not does not abide by those laws. The funds exist on paper only. The money that comes in for future obligations is immediately spent and replaced by government IOU. So as those future payments become due, all the money must come from revenue being collected at that time.

(600 additional pages and 210 items of bibliography available about oil prices, hyper inflation, Economic meltdown of 2011, collapse of banking industry, oil prices denominated in other than dollars, new gold backed currencies (not the dollar) of two other nations , gold prices to $5,000.

1/6th of 1% of the American public now earns more than 50% of the total income of the nations. One in every 2000 people earns as much as the remaining 1999 earn.

Only corruption can accomplish that. It has nothing to do with capitalism or democracy, which we do not have. Our Government is a republic. The one’s the people elect to make the laws make the laws. The people do not. The ones the people elected, represent the ones that paid the campaign funds for their election costs. Those who pay the election costs pay them for both parties.

Hello Everyone, Its first post of the group. I would like to inform you all that, in this blog we will discuss everything about ipe(International Political Economy).

I am yang jing,from Nanjing University(china).