Americans Have No Idea What “Freedom of the Press” Means
Why First Amendment “freedom of the press” protections are far broader than most Americans realize.
Read more...Category Archives: Banana republic
CalPERS Wastes Fund Assets on a Sham Investigation to Intimidate Board Members
CalPERS resorts to a “garbage in, garbage out” investigation to try to bully board members who have the temerity to ask questions and talk to the press.
Read more...Daniel Ellsberg On Assange Arrest: The Beginning of the End For Press Freedom
In this Real News network interview, Daniel Ellsberg discusses the significance of the arrest of Julian Assange: “This is the first indictment of a journalist and editor or publisher…And if it’s successful it will not be the last.”
Read more...Warren’s Antitrust Proposal: Should We Break Up Big Tech, or Just Regulate It Better?
While it is gratifying to see Senator and presidential contender Elizabeth Warren focusing on antitrust and the abuse of monopoly power, her $25 billlion fix looks too simplistic.
Read more...A Veblen Moment: Thorstein Veblen’s Lessons from the First Gilded Age Even More Relevant Today
Veblen was early and accurate about the behaviors and dangers of the super rich. Tthe advanced world is re-living his warnings.
Read more...Italy: How to Ruin a Country in Three Decades
How Italy became an economic mess.
Read more...World Bank Financialization Strategy Serves Big Finance
The World Bank continues its proud tradition of making the world safe for rentiers, um, financiers.
Read more...Ukrainian Prosecutors: Why Doesn’t the U.S. Dept. of Justice Want Our Evidence on Democrats?
Ukrainian dirt on the Bidens is languishing! Why is that?
Read more...We Need to Stop the Overdiagnosis Disease. Step 1: Remove Vested Interests
Time to stop treating people as targets for disease treatments.
Read more...Right to Repair Initiatives Gain Support in US
Minnesota may soon be the first state to adopt right to repair legislation, and measures are pending in a total of twenty states. Democratic presidential candidate Elizabeth Warren recently endorsed a national right to repair for farm equipment.
Read more...Has Privatization Benefitted the Public?
To ensure public acceptability, some benefits accrue to many in the early stages of privatization in order to minimize public resistance. However, in the longer term, privatization tends to enrich a few but typically fails to deliver on its ostensible aims.
Read more...New York Sues Big Pharma for Opioid Crisis
The Sackler family and PurduePharma profited from opioid-related “suffering and death,” NYC AG Letitia James charges. White collar criminologist and law professor Bill Black weighs in.
Read more...The Delphic Oracle Was Their Davos: A Four-Part Interview With Michael Hudson: A New “Reality Economics” Curriculum Is Needed (Part 4)
How mainstream economics ignores the lessons from antiquity on the destructiveness of oligachies, and how early industrialists and business schools promoted anti-rentier, socialit policies.
Read more...The Media Endlessly Talks About Interest Rates—Are They Even an Effective Economic Tool at This Point?
Interest rates are a poor substitute for fiscal spending and as we’ve seen, over-reliance on monetary policy produces speculative booms and busts. More and more people recognize this formula isn’t working, but what will it take to change course?
Read more...The Delphic Oracle Was Their Davos: A Four-Part Interview With Michael Hudson: The Inherent Financial Instability in Western Civilization’s DNA (Part 3)
By John Siman, who is also the author of Part 1 and Part 2 in this series John Siman: It seems that unless there’s a Hammurabi-style “divine king” or some elected civic regulatory authority, oligarchies will arise and exploit their societies as much as they can, while trying to prevent the victimized economy from defending […]
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