It's great to be unemployed and retired if you can afford it.

But the plain truth is that more than four in five older Americans expect to keep working during their latter years, a sign that traditional retirement is out of reach for vast swaths of society, according to a new survey.

Among Americans ages 50 and older who currently have jobs, 82 percent expect to work in some form during retirement, according to the poll by the Associated Press-NORC Center for Public Affairs…

It's great to be unemployed and retired if you can afford it.

But the plain truth is that more than four in five older Americans expect to keep working during their latter years, a sign that traditional retirement is out of reach for vast swaths of society, according to a new survey.

Among Americans ages 50 and older who currently have jobs, 82 percent expect to work in some form during retirement, according to the poll by the Associated Press-NORC Center for Public Affairs…

WARNING! This is a “big picture” involved article and requires thinking about the propositions and solutions presented. It is long. Therefore, if you feel you cannot read through it in one session, I suggest you break it up into two or three sessions. During the first session, at least read through the topic “Democratic Capitalism Has Yet To Be Tried.”

       During the late 1960s and throughout the 1970s, following university doctorate studies in economic development and…

There is no solace in the statistics. Researchers at the American Enterprise Institute and the Center for Economic and Policy Research shows that a worker between the ages of 50 and 61 unemployed for over a year has only a 9 percent chance of finding a job in the next three months and only a 6 percent chance if he or she is 62 years or older. According to the Economic Policy Institute, there are approximately 3.3 unemployed workers for every job seeker.

Because for the vast…

As a lifelong advocate for economic justice, who in 1974 ran for Congress on a platform for economic justice (http://foreconomicjustice.org/?p=336), it saddens me to see the United States of America continue to fail, leaving Americans serfdom subjects of plutocratic government and concentrated capital ownership, which denies every citizen his or her pursuit of economic happiness (property).

President Obama and the Democrats…

While conservatives blame poor governance and unions for the fall of Detroit and other American cities, which have filed for bankruptcy, there is another side to the story. The horrific part is that there are many cities that are headed in the exact same direction as Detroit. The entire country could follow Detroit's lead as tectonic shifts in the technologies of production and globalization to produce at the lowest possible cost destroy jobs and devalue the worth of labor.

The United…

The reality of the economic state of affairs in the United States is that income inequality, unemployment, underemployment, and anemic GDP growth is rooted in the tectonic shift in the technologies of production and its concentrated ownership, which, as a practical matter, is destroying jobs and devaluing the worth of labor, widening the income gap between the rich and poor and struggling (each resentful and suspicious of the other), and resulting in our inability to achieve double-digit GDP…

Given the worsening condition of the environment on planet Earth, the political and economic obstacles facing the regulation of greenhouse gases in the United States are overwhelming. Under such non-leadership conditions, only the most tepid reforms are politically feasible. Yet, Americans simply are not irritated enough to realize that the climate of our planet is in mortal danger, which places our humankind future at risk of absolute failure.

The technology for mass…

A recent study from researchers at Georgetown University projects that there will be 55 million new jobs by 2020 for which there will be a growing call for more educated workers with the necessary education and training to meet the demand.

This is a report that is out-of-sync with the economics of reality.

Given the current invisible structure of the economy, except for a relative few, the majority of the population, no matter how well educated, will not be able to find a job…

As a nation, we have lost the essence of the “American Dream”––economic freedom and self-sufficiency realized through private property ownership rights and democratic government.

Our basic premises should be:

There is no genuine political liberty without economic liberty, and that which is destructive of economic liberty is necessarily destructive of political liberty. Liberty does not mean license to steal or hoard.

The “American Dream” of 1776 enunciated in the…

At the core of understanding America’s economic disintegration and seemingly intractable economic problems is the need to learn a new way of thinking that explains why the operation of our modern industrial economy is simply not working. Although tectonic shifts and advances in the technologies of production promise the increasing abundance of exponential growth in the economy's capacity to produce products and services with much less human effort, there is widespread poverty and a…

During the four years of the “Obama Recovery,” poverty in the United States has soared to the highest levels since the beginning of the “War on Poverty,” the one war that nobody talks about an exit strategy for.

"The U.S. Census Bureau puts the number of Americans in poverty at levels not seen since the mid-1960s when President Lyndon B. Johnson launched the federal government’s so-called War on Poverty. As President Barack Obama began his second term in January, nearly 50 million…

At the core of understanding America’s economic disintegration and seemingly intractable economic problems is the need to learn a new way of thinking that explains why the operation of our modern industrial economy is simply not working. Although tectonic shifts and advances in the technologies of production promise the increasing abundance of exponential growth in the economy's capacity to produce products and services with much less human effort, there is widespread poverty and a…

Our President, Senate and Congressional representatives in the United States are failing the American people. It is evident that none are speaking of a vision for a future system of economic democracy based on equality of opportunity for every person to become an owner of wealth-creating productive capital. This is particularly of importance for the President of the United States who has the national stage at his disposal to espouse targeted leadership. As you read this article, the intent…