Category Archives: Free markets and their discontents

Book Review: Game of Mates

A new book. Game of Mates, documents how rentier capitalism and soft corruption operate in Australia. Many of its findings apply to the US.

Growing Inequality Under Global Capitalism

The benefits of capitalism are accruing even more to a very few at the top.

NY Times Lets a Charter School Propagandist Distort the Facts on Its Op-Ed Page

Quelle surprise! Card carrying neoliberal David Leonhardt of the New York Times twists facts to try to make a case for charter schools.

Michael Hudson: Review of Steve Keen’s “Can We Avoid Another Financial Crisis?”

Steve Keen’s book is a compact, layperson friendly evisceration of mainstream economics and efforts to defend banks at the expense of citizens.

The Fall of the Latin American Left, Part III: Argentina and the Right Winning Elections

How the Kirchner program in Argentina ran into the buzz saw of currency markets.

5 Times Charter School Founders Used Shady Real Estate Deals to Shamelessly Enrich Themselves

A trio of academics compare charter school tactics to Wall Street’s raiders.

Mark Ames: Credit Suisse Decries Russian Inequality After Playing Leading Role in Creating It

Credit Suisse criticizes Russian inequality after having profited handsomely from playing a big role in creating it.

The Fall of the Latin American Left, Part I: Brazil’s Boom and Bust

Discussing why the left in Latin America lost power, starting with Brazil.

America is Regressing into a Developing Nation for Most People

Like developing countries, America is becoming more stratified, with the economic and physical distance between rich and poor widening.

Fintech Puts Payday Lending Old Wine in New Bottles

“Fintech” provider Lyric Financial is out to take advantage of financially unsophisticated musicians. Hipness is part of the ruse.

Mexico’s Economy Is Being Plundered Dry

Some vignettes of Mexico as a failed state.