Chinese Government Tries to Combat Destructive Deflation. Will It Succeed?
The economic hazard of deflation is already stalking China, to the degree that even Xi is trying to take it on.
Read more...Category Archives: Free markets and their discontents
Hayek’s Bastards and the Rise of Neoliberalism
The Neoliberal turn of late capitalism [1] rules our world. Quinn Slobodian has become the voice of our time in explaining how this has happened and why. In Globalists The End of Empire and the Birth of Neoliberalism (2020), he described, among other things, how the Liberals of Central Europe who became Neoliberals were most […]
Read more...Yanis Varoufakis: Who Needs Marx in 2025?
To free ourselves from our technofeudal overlords, we must think like Karl Marx.
Read more...What Does the US’ Increasing Emulation of Israel Augur for the Country’s Future?
As cooperation in the killing fields of Gaza continues, the genocidal ideology comes home. What is the way out of this madness?
Read more...Housing a Basic Right or Playground for Global Capital? – Paul Jay
How the financialization of housing destroys the societal fabric and why we need to make housing public infrastructure—like schools or libraries.
Read more...That $20 Dress Direct from China Now Costs $30 After Trump Closed a Tariff Loophole – and the US Will Soon End the ‘De Minimis’ Exemption for the Rest of the World, too
How the Trump tariff attack on low-value shipments from Hong Kong and China (and soon elsewhere) is yet another tax on the poor.
Read more...Del Monte Foods Goes Into Bankruptcy: A Trump Tariff Casualty
Struggling Del Monte Foods keeled over due to its exposure to steel and aluminum cost increases from ‘Trump’s tariffs.
Read more...Genius Act: This New US Crypto Law Could Pave the Way for the Next Global Financial Crisis
On top of the leverage bombs in the US and other financial systems, the embrace of crypto, specifically stablecoins, is another systemic risk
Read more...Coffee Break: Meta’s Mark Zuckerberg Loves To Throw Good Money After Bad
Meta’s Mark Zuckerberg is upping the ante in the AI business, triggering a bidding war for talent and he’s willing to poach from competitors.
Read more...Why UK [and US] Governments Are Never Dependent on Financial Markets
As Mr. Market idelivers a big raspberry in response to Trump’s big beautiful bill, remember it won’t affect the ability to keep spending
Read more...How Global Value Chains, Much Hyped by Development Experts, Slowed Growth and Preserved Inequality in Middle Income Countries
Tackling a pro-multinational development canard which looks to have made the so-called middle income trap worse.
Read more...The Rule of Law Is Key to Capitalism − Eroding It Is Bad News for American Business
It is a sad sign of the extent of libertarian propaganda that an apple-pie-and-motherhood issue like the rule of law needs defending.
Read more...Broligarchs Demand Silicon Valley Bank 2.0: What Could Go Wrong?
It seems no idea is too stupid not to get a following. This one is to recreate Silicon Valley Bank, a standout failure.
Read more...Reverse Lysistrata: More on Men Cooling on Dating, Sex and the Role of Societal Denigration
More on how young men are having a hard time finding dates and romantic partners, and why this matters.
Read more...Can Unions Really ‘Lead the Resistance to Authoritarianism?’
Probably not in their current form, but there’s a counterintuitive argument that we should be cheering for the Supreme Court to dismantle the National Labor Relations Board in order to revitalize labor.
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