We examine what Libor is, how it is determined, what the scandal is about, and who benefited and lost out. The article looks at aspects of self-regulation in the financial and banking sector. It offers information and opinion, but is not intended as actionable financial or legal advice.

Still valid as ever: The difference between socialism and communism. Their purposes, characteristics, history, and what is modern social democracy and democratic socialism.

Current modern society is on a growing, self-destructive spiral that is destroying society and the planet. At the core of the problem is the focus on growth, power, wealth, self-righteousness and pride. This self-destruction looks unstoppable.