200th Anniversary of the Birth of Marx and a Revolution in Understanding History
How Marx recognized the economic forces that give rise to and perpetuate ideologies that promote injustice.
Read more...Author Archives: Yves Smith
Links 5/5/18
Gimme Shelter Q1 2018 Update: Rents and House Prices All at or Near New Extremes
Why buying a house looks to be a better deal than renting, even at today’s nosebleed prices.
Read more...Corbyn’s Critics: Time to Come Round
After six shocks in three years, can Corbyn sceptics face the party’s new reality?
Read more...How Bill Cosby, Obama and Mega-Preachers Sold Economic Snake Oil to Black America
How neoliberal ideas infected black politics.
Read more...Reader Inquiry: How’s Your Climate?
Seeking reader observations on the impact of climate change in their environs.
Read more...Gaius Publius: Setting a Perjury Trap for Trump
Is Mueller engaging in prosecutorial overreach in the form of trying to set a perjury trap for Trump?
Read more...Congress Offers Bipartisan Blank Warmaking Check to Donald Trump
Major Danny Sjursen chronicles the sorry history of Congress ceding its check on war-making powers.
Read more...The Real Driver of Rising Inequality
Wage suppression—not monopoly power—is fueling corporate profits and the relentless rise in inequality.
Read more...Links 5/3/18
New Report: Most State Pension Funds, Including CalPERS, Lag 60/40 Investment Mix at Higher Cost, Resulting in Even Higher Shortfalls
Yet another stunning indictment of public pension fund management. If the biggest funds with the best staffs can’t beat a simple Vanguard portfolio, why aren’t more heads rolling?
Read more...#TSBFail: MPs Barely Lay a Glove on CEO Pester, Who Discredits Himself All on His Own
Even with a mere wet-noodle lashing by MPs, TSB came off pretty badly in Parliament.
Read more...The Revenge Against the Commons
Why France’s biggest police operation since May 1968 is prepared to kill for Macron to roust a 4000 acre commons.
Read more...China’s Bid To Assist Assad In Syrian Reconstruction Is About Security and Profit
China sees a nation-building opportunity in Syria that the US won’t consider.
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