Sanders Called JPMorgan’s CEO America’s ‘Biggest Corporate Socialist’ – Here’s Why He Has a Point
As Sanders becomes a formidable 2020 contender, demonizing socialism is back in style.
Read more...Category Archives: Free markets and their discontents
Rentier Capitalism: Great for Stocks, Lousy for Growth
An oddly neglected paper gives an idea of how much rentier capitalism has distorted the US economy.
Read more...Corporate Counter-Mobilization: Uber and Deliveroo’s ‘Charter of Good Work’ Is Nothing but Fairwashing
Uber and other gig economy employers: “Let them eat a charter.”
Read more...Brexit: Warmed Over Chicken
Brexit trade talks are about to begin. The UK is back in drama queen mode.
Read more...Cybernetic Opioid Pushers: EHR Vendor Practice Fusion to Pay $145 Million to Resolve Criminal and Civil Investigations
Practice Fusion solicited payments to manipulate MDs to prescribe opioids….illustrating how electronic health care records insert themselves in treatment.
Read more...US Loses Nearly 4 Million Jobs to China Since WTO Entry
More evidence, this time via China, on the costs globalization imposed on American workers.
Read more...Secular Stagnation: Demand Is Indeed the Culprit
Economists’ bad medicine is a significant factor in our present stagnation.
Read more...Michael Hudson on the History of Debt Cancellation, Austerity in Europe, January 2020
Michael Husdon reviews the key themes of his recent book, ……and Forgive Them Their Debts, and discusses German austerity.
Read more...The Dead Zone Downstream: Gulf Edition
The cost of modern agriculture, as measured by a growing oxygen-free patch in the Gulf of Mexico.
Read more...A New Type of Conflict: France’s Ongoing Struggle for Pensions
The French strike over pensions has gone on longer than any other, even in 1968, has 60% support….yet the press barely covers it.
Read more...WSJ Reports: State AGs to Cooperate with Feds to Take on Google?
State AGs to meet with DoJ to discuss cooperating in their respective probes into alleged anti-competitive behavior by Google. Will enforcement actions follow? Time will tell.
Read more...Desperation Hidden in Plain Sight: Coastal Edition
Reports of desperation from what some might consider unlikely quarters: the Pacific Northwest.
Read more...“A Who’s-Who” of People Against Progressives’ Agenda: DNC’s Perez Under Fire for Convention Committee Picks
The knives are out. Typical pick: Former Congressman Barney Frank, who wrote an op-ed entitled “Why Progressives Shouldn’t Support Bernie.”
Read more...Boeing Again Pushes Back Guesstimated 737 Max “Good to Go” Date to Mid 2020 as Company Bleeds Cash
Yet more bad news for the 737 Max.
Read more...Precarity: A Political Problem
‘Free market’ advocates claim that the rise of precarity was inevitable, as opposed to the result of political decisions.
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