Why Poverty Reduction Under Capitalism Is a Myth
A full-throated critique of the claim that capitalism benefits the poors.
Read more...Category Archives: Economic fundamentals
Michael Hudson: Forgiveness, Foreclosure, & Christianity
Michael Hudson reprises a favorite theme of how the salutary practice of debt forgiveness came to an end under Greco-Roman oligarchs
Read more...The Rate Cuts Powell Dangled in Front of Markets May Slam into Inflationary Fiscal & Economic Policies of Whoever Is in the White House Next Year
Are both parties set to continue stimulative fiscal policy, leaving Powell or a successor to reapply the monetary policy brake?
Read more...Kamala’s Failed Opportunity
In her DNC speech, Kamala Harris embraced Republican language on the economy. So how deep does her purported progressivism run?
Read more...The Death of the Engineer CEO: Evidence that Short-Termism and Financialization Had Become Ascendant
A look at how some turning points in the history of Corporate America, such as CEO changes of guard, explain how America hollowed itself out.
Read more...Confronting Low Fertility Rates and Population Decline
Some practical ideas for how to manage population shrinkage. But will neoliberalism get in the way?
Read more...Reflections on the War on Work as a War on Workers
Recalling what good union jobs once meant for workers and communities and describing some damage done by the war on labor
Read more...The Problem with Pronatalism: Pushing Baby Booms to Boost Economic Growth Amounts to a Ponzi Scheme
Schemes to boost birth rates to bolster growth are generally ineffective and more important, miss the real problem.
Read more...The Irrationality of Markets
More evidence that the current level of advanced economy secondary market trading is bad for economic health.
Read more...Satyajit Das: The Middle East’s A Dance of Death – Part 3: Spillover
Why the prospects for containing, much the less resolving, the escalating Middle East conflict, are poor.
Read more...Climate Change and Hard Labor: The Rising Toll on Outdoor Workers
Governments and employers are slow to adapt to the risk to workers of higher outdoor temperatures.
Read more...Despite the Recession-Emergency-Rate-Cut Buffoonery, the Services Sector Expands Strongly on Growth in New Orders & Employment. Inflation Pressures Still On
Services are two-thirds of the economy; as long as they’re firm, the economy will plug along just fine, even as manufacturing stalled
Read more...Hoisted from Comments: Is Intel Going Down the Boeing Path?
Why Intel’s prospects are even worse than its stock price plunge and worried press accounts suggest.
Read more...The Shocking Truth Behind the End of Financial Colonialism
Another take on the slow unraveling of the Western-dominated order, here seen as a repudiation of colonialism.
Read more...Eyepopping Factory Construction Boom in the US Reaches New Highs Amid Big Corporate & Strategic Rethink
New factory building shows that reshoring plans are translating into action. But how many will produce successful operations?
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