Author Archives: Yves Smith

Neoliberalism Is Dying – Now We Must Replace It

From taming Big Tech to competing with China, Western governments are retreatig from neoliberalism. But what comes next?

‘America Has a Monopoly Problem’: Coalition Backs Legislation to Break Up Big Tech

Anti-monopoly interests have proposed a series of bills to give regulators more power, particularly with respect to tech.

Links 9/3/2021

CalPERS Election Dirty Tricks: Hit Piece Depicts Board Member Margaret Brown as Safety Harrasser

A safer CalPERS in your future?

Northeast Pummeled with Colossal Flooding, Destructive Tornadoes

Ida’s epic flooding is likely to become part of an extreme weather new normal.

‘Catastrophic Injustice’: Judge OKs Purdue Pharma Bankruptcy Plan Shielding Sacklers

Tens of thousands dead and the Sacklers get to ride away with their Purdue Pharma loot.

Lack of a Vaccine Mandate Becomes Competitive Advantage in Hospital Staffing Wars

Why most hospitals aren’t imposing vaccine mandates.

Star Trek Versus Imperialist Doctrine

In praise of the Star Trek Prime Directive and the idealism of (some) science fiction writers.

Links 9/1/2021

Behold the Watered Stock’s New Variant!

Back to the future! Welcome to the successor to a 19th century favorite, watered stock.

Michael Hudson v. George Soros on China’s Rejection of “Market” Capitalism

Soros has a hissy over China’s Xi no longer wanting to play nicely with foreign investors.

Prominent CalPERS Retiree Group Warns California Secretary of State About Illegal, Hacking-Friendly Voting Methods

An important CalPERS beneficiary group calls out the fund’s use of illegal, insecure, fraud-friendly internet and phone voting.