Failure of Globalization and the Fourth Estate
“Free Trade,” the banner of Globalization, has not only wrecked the world’s economy, it has left Western Democracy in shambles.
Read more...Category Archives: Doomsday scenarios
What Could Possibly Go Wrong (Next) in the Middle East?
A look at the wreckage the US has created in the Middle East, and an assessment of the prospects.
Read more...Joe Firestone: The Platinum Coin Returns
Brookings deigns to consider the idea of minting a high-value platinum coin as an emergency solution to a debt-celing impasse.
Read more...Michael Hudson: The Paradox of Financialized Industrialization
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...Trading Away Land Rights: TPP, Investment Agreements, and the Governance of Land
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.
Read more...Michael Hoexter: Should the US Federal Government Invest $4-$6 Trillion Per Year on Climate Protection? (Part 2 of 2)
Further discussion of why the excuses to do nothing or too little on the climate change front don’t hold up to serious scrutiny.
Read more...Michael Hoexter: Should the US Federal Government Invest $4-$6 Trillion Per Year on Climate Protection? (Part 1 of 2)
Why the excuses to do nothing or too little on the climate change front don’t hold up to serious scrutiny.
Read more...Mark Blyth: “Austerity Cures Nothing”
This is a bracing, no-nonsene talk from economist Mark Blyth of Brown University, who is the author of Great Transformations: Economic Ideas and Institutional Change in the Twentieth Century and Austerity: The History of a Dangerous Idea.
Read more...U.S. Climate Goals: A Reckoning
The current US lifestyle needs to go if the world is to succeed in limiting climate change.
Read more...The Financial Sector is Too Big
Has the financial sector become too large, absorbing too many resources, and enhancing instabilities?
Read more...Clinton Outdoes Tsipras in Kolotoumbas with Her Reversals on TPP, Bank Regulations
The big problem with Hillary is it is hard to believe she stands for anything other than her desire to exercise power. Her latest bout of opportunism only reinforces that notion.
Read more...Could The Syrian Conflict Irrevocably Change Global Geopolitics?
A concise, high-level overview of the main issues at play in the Syrian conflict.
Read more...Michael Hudson on Parasitic Financial Capitalism
An interview with Michael Hudson on his latest book, Killing the Host, which focuses on the destruction wrought by financial capitalism.
Read more...Wolf Richter: This Chart Truly Depicts a New, Terrible Trend in Jobs Mess
As Oregoncharles put it, in terms of labor force participation, “Obama has now cancelled out the entire effect of the Women’s Movement.”
Read more...Europe’s Refugee “Crisis”
The refugee fleeing from the Middle East to Europe are a small trickle compared to the huge flow of people displaced globally by wars and conflict.
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