Free markets and their discontents Archives - Page 102 of 273

Don’t Depend on Wall Street for Renewable Energy Investment

Why Big Finance is part of the energy problem, not the solution.

Nick Corbishley: Bankruptcy Looms As Cash-Starved UK Local Councils’ High-Risk Real Estate Bets Sour

UK councils were already in trouble due to austerity, inflated charges for services, and mismanagement. Covid is set to generate bankruptcies

2020 “Globie”: The Carry Trade

A recent book focuse on the role of the carry trade in increasing financialization and instabilty.

Dealing with the Second Wave: Subsidies, Instead of Ordering Closures

Could officials use carrots rather than a stick to induce short-term closures of high risk businesses like restaurants?

Matt Taibbi: A Dangerous Moment for the Democratic Party

Matt Taibbi describes why the Democrats are likely to draw all the wrong lessons from their shabby 2020 results.

Replacing Rentier Capitalism Is One of the Defining Challenges of Our Age

Housing itself is just the most egregious tip of a very large iceberg. Everywhere you look, COVID-19 is widening the gulf between those who own assets and those who owe debts.

Why Google Is Facing Serious Accusations of Monopoly Practices

The regulatory worm seems to be turning against Google in many countries, even in the U.S. where it had been hibernating.

Michael Hudson on Financialization and Deindustrialization

Michael Hudson on how Trump’s policies have not addressed the fundamental forces that gutted industrial jobs under the both parties

Americans Didn’t Vote for Change. For Many, It Wasn’t on the Ballot

Yves here. There will be many articles trying to explain what happened to the Democrats’ blue wave. This one is close on the heels of the result, which means it reflects beliefs at or shortly after the vote, as opposed to later lines of thought. And the writers made an effort to speak to Trump […]