The Middle Precariat: The Downwardly Mobile Middle Class
The middle class has taken a big hit. Is it going to mobilize?
Read more...Category Archives: Free markets and their discontents
Financial Times: Chinese Officials “Awed” by Trump’s “Skill as a Strategist and Tactician”
Believe it or not, many top Chinese officials are impressed with Trump’s game so far.
Read more...Michael Hudson: Argentina’s New $50 Billion IMF Loan Is Designed to Replay its 2001 Crisis
Michael Hudson explains why the new IMF bailout of Argentina will not end well.
Read more...Argentina 20 Years On: Has the IMF Really Changed Its Ways?
The IMF is back in Argentina. The fund pretends that it’s moved away from borrower-punitive programs, but the evidence says otherwise.
Read more...(Mis)Adventures in Portland and a Visit to Occupy ICE
My visit last week to Portland was more exciting, in the good and bad sense, than I expected it to be.
Read more...John Feffer: Trump Doctrine as Kamikaze Antiglobalism
Is extreme antiglobalism the doctrine that undergirds many of Trump’s actions?
Read more...Trump Tariffs Hit Largest US Aluminum Company, ALCOA
Tariffs misfire yet again.
Read more...Migrants, Pro-Globalization “Leftists,” and the Suffocating Middle Class
Economic migrants seek prosperity and are justified in doing so, yet they can also be seen as pawns in an international strategy that destroys the negotiating leverage of workers. The resulting contradictions potentially render conventional political classifications obsolete.
Read more...Marshall Auerback: Trump’s Trade War with China Will Cause an Economic Catastrophe — Here’s a Better Solution
How to impose trade rules that will bring jobs back to the US in a much more surgical manner than a costly and potentially self-defeating trade wars.
Read more...EU Elite on the (Far) Right Side of History
Why the design of the Eurozone has produced right wing policies.
Read more...Trump’s Visit Marks the Start of Shock Doctrine Brexit
As Brexit approaches, the personal enrichment hopes of some of its proponents come into focus.
Read more...Michael Olenick: Update Confirms That Share Buybacks Are Still Corporate Suicide
Reconfirming the findings of a study that debunked some key claims about the supposed benefit of stock buybacks.
Read more...The Political Representation of the European People
A discussion of whether rising political pressure can produce needed economic and democratic reforms.
Read more...Why Mexican Farmers Are Hopeful About López Obrador’s Win
Obrador promised to implement pro-farmer policies, such as increasing self-sufficiency in food. But will he have gone far enough for them if Mexico stays in Nafta?
Read more...Was Martin Luther King a Socialist?
A new book corrects the tendency of biographers and commentators to airbrush out Martin Luther King’s socialist leanings.
Read more...