"He's a snake in the grass, I tell ya guys; he may look dumb but that's just a disguise; he's a mastermind in the ways of espionage." Charlie Daniels, "Uneasy Rider" TT's Lost in Tokyo
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Interesting piece in Al Jazeera: A continuing decline in trust in the Japanese government fuels political unrest and regionalism by TokyoTom

Trust is an essential piece of social capital; difficult to build, easier to lose, but essential to solving collective action problems. Increasingly, in Japan and elsewhere, people are starting to see that their trust in 'government', politiicians...
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Post-Fukushima, signs that 'Arab Spring' and #Occupy movements have arrived as Japanese seek to wrest control of civil society from Government. by TokyoTom

[Note: Kiyoshi Kurokawa , one of the co-aothors of the op-ed described below, headed up a recent and criticasl report regarding the Fukushima accident .] Have the concatenation of the Fukushima meltdows on the heels of the Tohoku earthquaketsunami disaster...
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#Occupy: journalist-turned-entrepreneur Kirk Cheyfitz says "one dollar, one vote" plutocracy is mobilizing to put down what Gen. Martin Dempsey calls "our Arab Spring" by TokyoTom

I recently ran across some interesting ancedotes and thoughts on the "Occupy" movement and the response to it from elites by investigative journalist-turned-new media consultant Kirk Cheyfitz . Cheyvitz is CEO and Chief Editorial Officer of...
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Reclaiming Social Capital: Matt Taibbi's Nov. 10 post at Rolling Stone: Occupy is "a rejection of what our society has become." by TokyoTom

Matt Taibbi's post last month in Rolling Stone is worth a read: How I Stopped Worrying and Learned to Love the OWS Protests Taibbi is still unable to put his finger on what I think the Ocuppy movement is about - a manifestation of the desire by hopeful...
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The cart, or the horse? A 'bleeding-heart' libertarian (who missed Block) blames the Left for Crony Capitalism by TokyoTom

I recently ran across a blog post Jason Brennan entitled: Dear Left: Corporatism Is Your Fault , at the "Bleeding Heart Libertarians" blog. The blog hosts the writings of various libertarians , such as Roderick Long and Gary Chartier , who "believe...
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Limited Liability, Redux: As Bob Monks says, "corporate governance has failed and it’s time to move on." So what's next? Unleash the Hounds! by TokyoTom

This is a precis of my preceding post . As I noted, veteran shareholder activist Robert A.G. Monks has concluded that - in brief (emphasis added): the people who exercise power for the corporations need to be accountable to somebody. Over the years, it...
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Leading Republican corporate governance expert throws in towel on shareholder oversight of listed companies, decries unaccountable CEOs, excessive corporate power and Government Capture by TokyoTom

Robert A.G. Monks is another well-known Republican now railing at runaway crony capitalism and its related corruption of government. I have referred to Monks twice previously: More by Bob Monks on the shareholder marginalization at the core of the crisis...
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Gonzalo Lira is a shrill conservative who loudly supports the "Occupy" Movement by TokyoTom

Allow me to shill for Gonzalo Lira , a Chilean-American novelist, filmmaker, founder of the Strategic Planning Group , and an economic blogger who contributes to Zero Hedge, naked capitalism, Seeking Alpha and Business Insider. I ran across an interesting...
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David Brooks echoes Hayek's warnings on 'Market Morals' in an observant piece on our crumbling order by TokyoTom

David Brooks has an excellent op-ed piece in the December 1 New York Times that speaks to the very worrisome and ongoing destruction of crucial social capital - what Hayek called "market morals ", and what Brooks calls the "spirit of enterprise"...
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WSJ: Palin Attacks Corruption In Washington D.C., Urges #OWS and #TeaParty Cooperation: "How Congress Occupied Wall Street" by TokyoTom

Here: http://online.wsj.com/article/SB10001424052970204323904577040373463191222.html
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Unwinding limited liability: Can we roll back the regulatory state by shifting ultimate responsibility for managing risks to enterprise owners? by TokyoTom

[This is an edited re-post .] Libertarians have not quite focussed on how the state grant of limited liability to shareholders - something that cannot be obtained merely by voluntary transactions) has set in motion and greatly fuelled the growth of the...
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Here's some EXCELLENT passionate intensity on Crony Capitalism! Russ Roberts: "I Want My Country Back" by TokyoTom

Testimony by George Mason University economics professor Russ Roberts in 2010 before the House Oversight and Government Reform Committee:
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Why do the best lack passionate intensity, and disapprove of moral disapprobation? Horwitz on the Financial Crisis and Recession by TokyoTom

In a letter to the editor cross-posted to Cafe Hayek on October 23 , Steven Horwitz , in responding to a reader who croticizes George Will's recent column on Elizabeth Warren , challenges "a number of fallacies about the recession and financial...
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Dr. George Reisman and the Curious Case of the Missing Crony Capitalists, or, Moral Blindness Helps Me to See Clearly by TokyoTom

I refer to Dr. Reisman 's October 21 post at Mises Daily, " In Praise of the Capitalist 1 Percent ". (The good Dr. and I go back a few years , as some of my readers may recall.) In face of growing economic dislocation and discontent, Dr...
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I refuse to believe corporations are people -- until Texas executes one by TokyoTom

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