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Steven Lesh

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Steven Lesh is a retired software engineer with a life-long interest in economics and history and an undergraduate degree in the latter.

OpEd News Member for 765 week(s) and 5 day(s)

9 Articles, 0 Quick Links, 22 Comments, 1 Diaries, 0 Polls

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Another Cover for Michael Hudson's
(5 comments) SHARE More Sharing        Thursday, March 19, 2015
My Unified Field* Theory of Evil The world's current monetary and financial system is based upon ex nihilo (out of nothing) money creation, a free lunch for its bankers, financiers and their wealthiest clients but most of all for the nations possessing the "exorbitant privilege" of supplying the money the world uses to do business - its reserve currency. What you don't know can kill you. See Michael Hudson's "Super Imperialism".
(6 comments) SHARE More Sharing        Monday, September 29, 2014
Frederick Soddy on Lloyd C. Blankfein and "doing God's work" Finance capitalism and war.
(3 comments) SHARE More Sharing        Monday, September 2, 2013
The Real Reasons for a Syrian War Advances in knowledge that could have provided Americans and others the opportunity to explore the meaning of their lives have instead been squandered in an impossible quest for global 'full spectrum dominance'. Like the Great Games that led to two world wars, players armed with the deadliest weapons science can devise are taking positions for a new 'winner takes all' game. It is not about protecting the Syrian people.
(3 comments) SHARE More Sharing        Friday, June 22, 2012
Real Monetary Reform This article began as a quest to understand the reasons for the U.S. invasion of Iraq in 2003. None of the official explanations made sense. Even the "No Blood for Oil" slogan and related Peak Oil theory were still missing something - an explanation for the stubborn refusal of U.S. and other Western governments to come to terms with history and the requirements for civilization's survival.
(8 comments) SHARE More Sharing        Monday, January 30, 2012
Wealth and Debt The same Western banking and financial practices that facilitated the rapid implementation of scientific and technological advances of the Industrial Revolution are now threatening to submerge much of the world, to paraphrase Dr. Michael Hudson, in a new Dark Ages of debt peonage.
(1 comments) SHARE More Sharing        Monday, December 6, 2010
The Deficit Game The current corporate slant of the "new" deficit commission makes this a good time for a little reminder as to how the corporate state uses debt as a shackle for the middle class and working people. This article covers some excellent ground in examining the roots of this ongoing policy.
(1 comments) SHARE More Sharing        Saturday, December 4, 2010
The Deficit Game The following article, submitted for your consideration for publication, describes the roots of the huge debts and deficits threatening the lives and welfare of citizens in the US and around the world. It places them in the US dollar-anchored international monetary system and an economic order demanding monetary profitability as a precondition for the production of life's necessities.
SHARE More Sharing        Wednesday, March 18, 2009
The Game is Over Following is the full text of a Letter to the Editor of Asia Times in response to an article appearing in the March 16, 2009 edition of its online edition. The article, by W. Joseph Stroupe is titled "The not-so-safe haven".
(2 comments) SHARE More Sharing        Saturday, February 21, 2009
Bank Nationalization or Monetary Reform? Without fundamental reforms in the way money is created, nationalizing the banking system is unlikely to provide much more than a temporary fix for our economic problems. There is a real danger it could become a new TARP for more bailouts of Wall Street, hedge funds and wealthy gamblers.

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