The Increasing Financialization of Germany
The FIRE sector capitalizes on Germany’s industrial decline as government diverts money from social programs to military.
Read more...Category Archives: Corporate governance
BRICS: An Anti-Imperialist Fantasy and Sub-Imperialist Reality? – Patrick Bond
A no-holds-barred critique of BRICS as mainly aspiring to participate in in current organizations, rather than a create new ones.
Read more...Consulting Ethics: McKinsey Pays Additional $230 Million Opioid Settlement, Bringing Total to $870 Million
McKinsey’s latest payoff to avoid admiting culpability reveals some of the inherent problems with high-end management consulting.
Read more...CalPERS Chief Investment Officer Nicole Musicco Resigns Abruptly, Intensifying CalPERS’ Senior Staffing Instability
CalPERS lurches into a new crisis. The official story of the sudden resignation of CIO Nicole Musicco does not add up. What gives?
Read more...Private Equity on Campus: Why College Students Are Sleeping in Cars
College students are still unable to find housing despite enrollment dropping since the start of the pandemic, and a major price-fixing lawsuit against corporate landlords sheds light on why.
Read more...Analyzing Apparently Irrational Behavior in Western Elites
Some old and newish theories as to why our elites seem unable to manage their way out of a paper bag.
Read more...Are Corporate Executives Expendable?
Analysts across the political spectrum challenge massive paychecks of corporate chiefs—and whether companies can survive without them.
Read more...Vacation for Me, Not for Thee: European Workers’ Hard-Won Summer Vacation Tradition Is Slowly Being Taken Away
An increasing number of workers are unable to afford a summer holiday.
Read more...‘Renters Are Struggling’: Economists Back Tenant-Led Push for Federal Rent Control
Economists begin to admit that their models are wrong when it comes to anti-rent control arguments.
Read more...More on the Collapse of Operational Capabilities in the West: How Did We Get Here
Some thoughts on the rapid decline in operational capabilities, or why tons of people, particularly those in charge, are no good at their jobs
Read more...CalPERS Refuses to Spend $1 Million, or $1.30 Each, to Prevent Sale of Personal Data of 770,000 Beneficiaries on Dark Web
How CalPERS is inexcusably throwing nearly 800,000 beneficiaies under the bus in a massive data heist.
Read more...The EU Sows the Seeds of Its Own Destruction
Brussels’ increasing attacks on the working class mirror decades-long Italian efforts that have caused a collapse in standard of living and trust in the EU.
Read more...Mammoth RICO Lawsuit Targets Credit Suisse, Many of its Directors and Execs, and KPMG for Over a Decade of Fraudulent, Reckless Conduct
Credit Suisse, or more accurately, buyer UBS, some execs/board members, and KPMG are targets in a monster RICO suit.
Read more...The Loss of Executive Function in the West
On the decay of executive function, or why just about no one seems able to manage his way out of a paper bag.
Read more...The Collapse in Operational Capabilities in the West and Some Knock-On Effects
Why does the West seem increasingly unable to get out of its own underwear?
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