At What Point Does a Billionaire’s Greed Hurt the Rest of Us?
How the growth of a billionaire class is the result of policy choices.
Read more...Author Archives: Yves Smith
Ukraine Updates and Scott Ritter on Russia Military Strategy and Progress
Some over the weekend sightings on the war in Ukraine.
Read more...Corporate Legacy Debt, Inflation, and the Efficacy of Monetary Policy
Why high levels of corporate debt can make monetrary tightening less effective in controlling inflation.
Read more...Links 3/19/2022
Is China Socialist or State Capitalist? – Michael Hudson and Patrick Bond
Michael Hudson and Patrick Bond: Will China resist financialization and lead the way on climate policy, or is it practicing capitalism lite?
Read more...Our Neoliberal Economic System is Making Us Mentally Ill
The neoliberal economy was supposed to bring about a utopian world order. Instead, it produced psychological stress and social breakdown.
Read more...‘The World Paid the Price’: Biden’s Outgoing Covid Czar Jeffrey Zients Rebuked Over Failures
The Zients-led Covid response refused to challenge drug company overlords by promoting non-pharmaceutical interventions.
Read more...The World Could See A Record-Breaking Oil Supply Shock
Unless the West blinks on Russian sanctions, high oil prices seem destined to go even higher.
Read more...How the Vehicle Production Nightmare Upended Everything and Why Automakers & Dealers Don’t Want the Old Ways Back
New vehicle sales show how Covid is working out very well for capitalists.
Read more...The Worrying Murkiness of Institutional Biosafety Committees
Experts say institutional biosafety committees are a crucial to ensuring the safety of biomedical research. Critics say they are too opaque.
Read more...John Helmer: “Zelensky Himself Is Now in Polish Hands;” March 15 Summit with Polish, Czech, and Slovenian Prime Ministers in Przemysl, Poland, Not Kiev
It appears Urkainian President Zelensky was not in Kiev on March 15 as widely reported, but in Poland….and presumably still is there.
Read more...Progressives Fall for Crypto-Bros Intelligence-Insulting Claim of “Inclusiveness”
Why do so many people who think of themselves as smart have their brains go to mush when the topic is crypto?
Read more...Is Joe Manchin Lucy or the Football?
Why Joe Manchin is merely a convenient excuse for what is wrong with Democrats and soi disant progressives.
Read more...The World Is Facing A Critical Diesel Shortage
An oil price drop gives an illusory sense of relief from an ongoing and set to worsen diesel squeeze.
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