Elections Won’t Fix What Ails the West
e body politic in the West is not at all healthy. Why is there so much denial about that?
Read more...Category Archives: Economic fundamentals
EU and US Ukraine Funding Even More in Doubt as War Effort Falters
Things are going from bad to worse for Ukraine, and at an accelerating pace too.
Read more...NATO/West or Global Majority? Unipolar Destruction or Multipolar Development? The World Must Choose
Yves here. While there is a lot of merit in the latest discussion between Radhika Desai and Micheal Hudson on their favorite topic of mutlipolarity, I feel compelled to correct some imprecisions. The video depicts the “German government” as having “raised” the debt brake but then “not being allowed” with no depiction of agency, to […]
Read more...The Etymologies of Capital, Capitalist, and Capitalism: A Brief Sketch
How English added capital, capitalist, and capitalism to its word hoard.
Read more...Solving the Climate Crisis Means Ending Our Addiction to Economic Growth
COP28 may toy with wide-ranging reforms needed to arrest a climate disaster. But arguablly necessary governance structures seem unattainable.
Read more...The Dutch Earthquake
Why did so many Dutch citizens vote for the far-right Geert Wilders?
Read more...Car Dealers Warn Biden Administration to Pump Brakes on EV Plans
Auto dealers throw cold water on EV uptake hopium.
Read more...Why Did Argentina Elect a Right-Wing Non-Establishment Extremist?
More on the truly wacky new president of Argentina, Javier Milei who nevertheless may get some of his bad ideas implemented.
Read more...Prices of New Houses Drop Further, -18% Year-Over-Year, Sales Drop, High Inventories Rise Further, Supply Jumps
More unhappy news on the residential real estate front: lotta unsold houses out there!
Read more...How Finance Capitalism Ruined the World – Dr. Michael Hudson & Dr. Steve Keen
Micheal Hudson and Steve Keen review how finance capitalism prevailed over industrial capitalism, and why that produced bad outcomes.
Read more...Restructuring of the Global Economy – Michael Hudson, Alexander Mercouris & Glenn Diesen
A wide-ranging talk, both geographically and historically, on the accelerating changes in the global economy
Read more...Comparing How the West and China Offer Loans to Developing Countries
China challenges Western institutions. Each side offers distinct and competitive lending strategies for global infrastructure and development
Read more...Has the Energy Transition Hit a Wall?
The much-touted green transition is flagging due to rising materials costs.
Read more...Quelle Surprise! Fast Fashion Exploits Poor Workers; Industry Engages in Empty Virtue-Signalling
Don’t believe the fashion industry’s stated commitment to support a living wage for Bangladesh’s garment workers.
Read more...Why Biden Is in Trouble About the Economy
Why skeptics are correct to doubt the Biden Administration claims touting how well the economy had done under its stewardship.
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