Showmanship

When you have a dim view of the situation, and Noam Chomsky comes along to summarize how he sees things, and it pretty much matches you right down the line – well, that’s depressing. Chomsky has a long history of being right: right about Vietnam, right about Linguistics, right about Iraq, right about Bush, right about Obama, and right about Trump.

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Capital: Valuations and Market Caps 101

In 1999, I became a millionaire on paper by selling shares in a company that I had created for the express purpose of selling the shares. That ought to sound bizzare to you, and it is – it’s one of the weirdest parts of corporate capitalism. The entire thing feels like a scam, except that the money is very real, or it’s not, depending on what happens.

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