The working poor are the people suffering out subprime mortgages and fatal loans and more and more of our money - you know, capitalism is operated by extracting money, not so much directly being paid.

We need each other to do things that we can't do for ourselves. If we are intimately connected with each other, we just give things to each other; if we don't know each other we find another way to handle it. If you think about it, each according to his or her abilities and each according to his or her needs is sort of the same thing as supply and demand.

It affects every aspect of our lives, is often said to be the root of all evil, and the analysis of the world that it makes possible - what we call 'the economy' - is so important to us that economists have become the high priests of our society. Yet, oddly, there is absolutely no consensus among economists about what money really is.

We are usually told that democracy originated in ancient Athens - like science, or philosophy, it was a Greek invention. It's never entirely clear what this is supposed to mean. Are we supposed to believe that before the Athenians, it never really occurred to anyone, anywhere, to gather all the members of their community in order to make joint decisions in a way that gave everyone equal say?

Adam Smith actually took all his best ideas and lines from sources from medieval Persia. But one thing he doesn't take is the underlying assumption they have that the basis of a market is mutual aid.

But in the years since the neoliberal project really has been stripped down to what was always its essence: not an economic project at all, but a political project, designed to devastate the imagination, and willing - with it's cumbersome securitization and insane military projects - to destroy the capitalist order itself if that's what it took to make it seem inevitable.

If you look at history, there seems to be a regular pattern: the country with the most powerful military also happens to be the one with the world trade currency. That gives them an enormous economic advantage, which causes goods to flow into their country.