A sign that the progressive cause is moving out of the wilderness and starting to rattle The Powers That Be is that the messaging apparatus is starting to attempt to demonize Sanders as a hopeless cause. And the arguments made against him and the progressive cause generally are made via bizarre analogies to the neoliberal Obama.
Read more...More and more Republicans look to be girding their loins to fight approval of the TPP. And it’s not as if Dems are all that keen either.
Read more...The Wall Street wing of the Democratic party has taken a visible defeat with the nomination of Lisa Fairfax to the SEC.
Read more...Public information on Apollo, Blackstone, Carlyle and KKR’s private equity funds shows CalSTRS has no good excuses for defending secrecy on fees and costs.
Read more...Socialism for the rich is inherently hypocritical….but which forms of corporate truth-distortion are the most brazen?
Read more...The European Union is already secretly imposing provisions from the secret Transatlantic Trade and Investment Partnership (TTIP) treaty, even before anyone has signed it, and even before it has been formally approved in any nation.
Read more...How the deck is stacked against the middle class, and what it takes to change that.
Read more...Investors in private equity like public pension funds have no idea how much they are paying in costs and fees. That allows for excessive costs and chicanery to continue.
Read more...Former lobbyist, White House and Senate staffer Jeff Connaughton explains how Naked Capitalism had an impact after the crisis and continues to do so today.
Read more...Mark Ames explains why the left became stupid about finance and why that was a very costly mistake.
Read more...The great question today is whether post-feudal rentier capitalism will stifle industrial capitalism instead of serving it. The aim of finance is not merely to exploit labor, but to conquer and appropriate industry, real estate and government. The result is a financial oligarchy, neither industrial capitalism nor a tendency to evolve into socialism.
Read more...UC Berkeley professor Gabriel Zucman is doing pathbreaking work on tax havens. HIs estimates of how much the rich hide in them are eye-popping.
Read more...While the thrust of Perelman’s post is no doubt familiar to readers, take note of how simple and few in number are the essential principles for creating a highly unequal society, and how easy it is to describe them them in antiseptic language.
Read more...A video shows how the very premise of the SEC’s role, and that of regulations generally, is under intense assault by the private bar.
Read more...The nvestment provisions in the TPP and in most bilateral investment treaties can severely limit a government’s ability to manage its land and other natural resources in the public interest.
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