Gaius Publius: What’s Called “Capitalism” Is Far from Any Model of Capitalism or Market
Tony Benn and Noam Chomsky take a hard look at what passes for capitalism.
Read more...Tony Benn and Noam Chomsky take a hard look at what passes for capitalism.
Read more...California state controller Betty Yee blows off a union official’s request for carry fee information by saying CalSTRS “is being very diligent,” when CalPERS has already gotten the information.
Read more...Obama has decided to use “democracy” as a weapon of coups to turn recalcitrant countries into failed states.
Read more...CalSTRS provided what appears to be a doctored record in response to a Public Records Act request about a recent board election.
Read more...Shell has decided to abandon Arctic drilling based on poor exploration results and high costs.
Read more...Puzzling over the Great Divergence of real and nominal yields. Ever since the Great Depression, nominal yields have been persistently above real yields Yet in the previous 200 years, despite periods of fiat currency and high inflation, real and nominal yields didn’t diverge. Why do they now?
Read more...It’s getting tougher out there for our QE and ZIRP-coddled corporate junk-bond heroes.
Read more...An interview with authors of a new book investigating the condition of the poorest in America.
Read more...If all Henry Kissinger contributed to the Middle East were a regional arms race, petrodollar addiction, Iranian radicalization, and the Tehran-Riyadh conflict, it would be bad enough. His legacy, however, is far worse than that: he has to answer for his role in the rise of political Islam.
Read more...Chris Hedges discusses whether the rhetoric coming from Pope Francis helps progressive forces in the world.
Read more...European leaders are still in denial about the seriousness of the refugee crisis and are focused on what amount to stopgap measure.
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