Financial Parasites Have Become Neo-Feudal Landlords
By John Lawrence
Classical economics divided income into two types: earned and unearned. Earned income came from productive labor combined with capital investment. Unearned income was considered parasitical and consisted of rent, interest and dividends.
It was not considered as adding to GDP but as subtracting from it. It was money made by manipulating money much as feudal landlords made their money in what has been called a rentier economy.




Joe Wilder was not only a magnificent trumpet player but a gentleman according to all who knew him. I had the privilege of presenting him and saxophonist Marshal Royal along with a local rhythm section composed of Mike Wofford, Bob Magnusson and Roy McCurdy at the Lyceum Theatre in 1990 under the auspices of the San Diego Jazz Society.
By Norma Damashek






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