Welcome to The Roots of Defeat

This website is dedicated to discussing the economic and political upheavals that led to the Trump presidency. What can we do?

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Monte Pearson's Blog

Trade War Pushing the World into Recession
September 10, 2019

Trade War Pushing the World into Recession

A combination of political and economic events is pushing the world into recession. You recall that the bond markets first signaled an approaching problem when the Yield Curve inverted in May of 2019. Since then, the stock market has reacted...

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Low Wages
September 5, 2019

Low Wages Leave Economy Vulnerable to Recession

Capitalism has a flaw in its operating system. Karl Marx called it the problem of “Underconsumption.” He pointed out that each company tries to keep production high and wages low. Therefore, the value of the products produced are always greater...

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Man Holding Assault Weapon
August 22, 2019

Nationalize the Gun Industry

The gun industry produces the most dangerous consumer products made in the U.S. 100% of its products can instantly kill a human being. Many gun products can rapidly kill many humans. Yet, it is one of the most lightly regulated...

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