Waiting for “Rooseveltian Relief”: An Oversimplified Framework for the Employment Situation
“Nothing fundamental will change.” –Joe Biden
Read more...Category Archives: Free markets and their discontents
Tom Ferguson: Big Business Takes Cash as Workers Laid Off, States and Cities Go Bust
Tom Ferguson and Paul Jay discuss how Democrats and Republicans distaste for accountability by finance and big corporations is playing out in the coronacrisis
Read more...Mass Unemployment Is a Failure of Capitalism
Why unemployment is a feature of capitalism.
Read more...Hunger Rises Dramatically in America
Hunger levels are shooting up and Republicans want to do as little as possible about it.
Read more...Betsy Sweet: “In Maine, We Live the Climate Crisis Everyday”
Betsy Sweet, a Democratic primary candidate for the US Senate, explains why a progressive policy agenda is popular in Maine.
Read more...People and Jobs? Or Wealth? The Government Has To Decide Which To Prioritise, and There Is Only One Right Answer
Why landlords, banks, and pensions need to be sacrificed to save jobs and businesses from the ravages of coronavirus.
Read more...Some Communities Are Being Forced to Fight School Closures and Privatization in the Midst of the Pandemic
Citizens opposing a school restructuring plan in Minneapolis remind local officials: “The educational system actually belongs to us.”
Read more...Water Should Be a Public Good, Not a Commodity. Catalonia Is Showing How
The Terrassa Water Observatory puts citizens in the driver’s seat of water management.
Read more...The Price of Meat
Meat and the rights of meatpackers have come to the fore.
Read more...Finance Capitalism vs Industrial Capitalism: How Financial Parasites and Debt Bondage Are Destroying Us
Another Michael Hudson star turn on debt dynamics, this time focusing on the coronavirus bailouts are shoring up rentiers.
Read more...Schadenfraude Alert: Airbnb Mini-Moguls in Meltdown as Bookings Collapse
Once fat and happy Airbnb landlords are now in a world of hurt.
Read more...Public Health and Private Profits Under COVID-19 Pandemic
More discussion of how the private sector is undermining responses to Covid-19.
Read more...In a Slap in the Face to Progressives, Biden Appoints Larry Summers, a “Literal Architect of Neoliberalism,” to Economic Advisory Role
If you need proof that Biden doesn’t give a damn about oridinary people, his bringing Larry Summers in from political exile should convince you.
Read more...Max Blumenthal and Ben Norton With Michael Hudson: How The US Makes Countries Pay For Its Wars – Economics Of American Imperialism
Economist Michael Hudson explains how American imperialism has created a global free lunch, where the US makes foreign countries pay for its wars, and even their own occupation.
Read more...Max Blumenthal and Ben Norton With Michael Hudson: US Coronavirus “Bailout” Is a $6 Trillion Scam
Michael Hudson explians why the coronavirus bailouts are even more of a gimmie to the rich than they look.
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