Support for Gig Worker Union Bill in New York Collapsing After Scrutiny
A tech industry Trojan horse masquerading as a pro-union measure has been caught out.
Read more...Author Archives: Yves Smith
A Neoliberalism Meets Covid Vignette: Barriers to Getting a Vaccine, Publix Edition
We had to jump through way too many hoops to get a Covid vaccine at Publix. Is this normal for pharmacies?
Read more...Why Biden Is Not a Transformational President
Biden is not living up to his PR. The implications are significant, given the need for significant change.
Read more...Michael Hudson: Why Biden Won’t Cancel Student Debt
Michael Hudson gives a hard look at the typical excuses for not cancelling student debt and finds them wanting.
Read more...West’s Selective Support for Press Freedom: Only in Countries We Don’t Like
Belarus is a bad actor in forcing a passenger jet to land so it could seize a prominent dissident/journalist. But who wrote this playbook?
Read more...Despite Federal Moratorium, Eviction Rates Returning to Pre-Pandemic Levels
The eviction process is restarting, even when it is premature under the law. What will the collateral damage be?
Read more...Crypto Crackdown: Only the Beginning?
If you think the officialdom is getting tough with crypto, there’s even more they can do to tighten the screws.
Read more...Israel-Gaza Clash: Conflict of Narratives, Victory of Remote Warfare
An initial tally of winners and losers in the latest round of Israel-Palestine strife.
Read more...The War That Israel Lost
Tactically, Israel has the better military, but strategically, they are losing international legitimacy.
Read more...Slack in the Economy, Not Inflation, Should Be Bigger Worry
Despite fear-mongering about inflation, unemployment remains elevated and stimulus is needed to prevent a collapse in demand.
Read more...Musical Interlude (“On the Path of Decent Groove”): Percussion
Another in our occasional Friday night musical interlude series. Courtesy Bob H: a selection of percussion pieces from around the world.
Read more...Known Stock Market Leverage Hits WTF High. Out the Other Side of Its Mouth, the Fed Warns About Hidden Leverage that Blew up Archegos
Stock margin debt is the visible tip of the iceberg of leverage, and it has been growing at a zoo-has-gone-nuts rate.
Read more...An Indictment of US Covid Policy
How US Covid policy is producing far more deaths and disability here and around the world than necessary.
Read more...Can We Have Both Industrial Civilization and a Habitable Planet?
Continuing the debate about what needs to be done if there is any hope of saving the planet…for something resembling modern society.
Read more...War as the Enemy of Reform: Biden’s Dilemma or His Excuse?
How much is keeping the US on a war footing really constraining Biden on the domestic front?
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