Here’s How Money Is Destroying the World Through Addiction
See this problem for what it is: A loosely organized group of global addicts getting together to figure out ways to enrich each other financially.
Read more...Category Archives: Economic fundamentals
Understanding Right and Left Populism
Experts appear to have understated the role of economic insecurity in sparking the rise of populism.
Read more...The Populism Backlash: An Economically Driven Backlash
Quelle surprise! The rise of populism correlates strongly with increases in economic insecurity.
Read more...To Reform Capitalism, Look to Marx
A high-level discussion of the re-imaging of the word “capitalism”.
Read more...IEA: High Oil Prices “Taking A Toll” On Demand
Mr. Market may not yet take issue with rising oil prices, but the real economy is starting to register the pinch.
Read more...Official Unemployment Is at 3.9%? Economist Robert Pollin Says It Is More Like 12%
Why the headline unemployment numbers give a wildly rosy picture of the state of US labor markets.
Read more...The U.S. Is Not at Full Employment—Don’t Believe the Trump Administration’s Hype to the Contrary
Why recent employment statistics are giving an unduly rosy picture of the state of the US labor market.
Read more...Globalisation, Government Popularity, and the Great Skill Divide
How do voter reactions to globalisation vary by skill level?
Read more...Brexit: Crisis Nigh
Brexit crunch time is approaching fast.
Read more...200th Anniversary of the Birth of Marx and a Revolution in Understanding History
How Marx recognized the economic forces that give rise to and perpetuate ideologies that promote injustice.
Read more...The Real Driver of Rising Inequality
Wage suppression—not monopoly power—is fueling corporate profits and the relentless rise in inequality.
Read more...China’s Bid To Assist Assad In Syrian Reconstruction Is About Security and Profit
China sees a nation-building opportunity in Syria that the US won’t consider.
Read more...Why Capitalism Creates Racism
Why separating racism from capitalist exploitation of low-wage workers isn’t as tidy as the Democratic Party would have you believe.
Read more...Michael Hudson: “Creating Wealth” Through Debt: The West’s Finance-Capitalist Road
Why debt is the great threat to modern China’s development.
Read more...Michael Hudson: Bronze Age Redux – What the Ancients Can Teach Us About Debt
Michael Hudson explains why debt cancellation was central to the politics of ancient societies.
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