Author Archives: Yves Smith

Imperialism Then and Now: Drain of Wealth, Depression, The Role of the State and Globalization

Yves here. This is the second section of the GPENewdoc historical series on imperialism and capitalism. You can find Part 1 here. By Lynn Fries. Originally published at GPENewsdocs Prabhat Patnaik explains how the colonial system led to depression. Then, in advanced countries governments stepped in to increase demand and productivity, but how unless the […]

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EXPOSED: Transcript of CalPERS Closed Session on Ben Meng Departure Shows Clear and Extensive Violations of Transparency Laws, Builds Case for Contempt Ruling by Judge Markman (Presiding)

Oops! CalPERS released nearly all of a transcript of a board meeting after Ben Meng’s resignation that it was fighting to keep secret.

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