How Big Pharma Preys on Poor Countries – and Patients Pay the Price
New investigation reveals unequal access to life-saving meds across Europe thanks to Big Pharma system that favors the rich
Read more...Category Archives: Free markets and their discontents
Wealthy Enclaves Belatedly Rebelling Against Supersized Houses
Many of the wealthy have taken to recoiling against hypertrophied houses, although they don’t ‘splain why very well.
Read more...Exporting Extinction: The Global Political Economy of Biodiversity Loss
A new report, Exporting Extinction, delves into the economic and political drivers of species-destroying resource exploitation.
Read more...IT Staffing Agency Smoothstack Traps Tech Workers in “Modern Day Indentured Servitude”, Federal Suit Alleges
Smoothstack, with some Fortune 500 clients, demanded its employees stay at the company for about two years or face fines up to $30,000.
Read more...Michael Hudson: World Shaking Up! Epic Political & Economic Earthquakes
Michael Hudson reviews the commitments made at the recent NATO and SCO gatherings and what they mean for changes in the world order.
Read more...“Tariffs Don’t Protect Jobs. Don’t Be Fooled.”
More discussion of tariffs as the US is using to whack Chinese imports, above all EVs.
Read more...Why the US Doesn’t Have National Health Insurance: The Political Role of the AMA
Documenting the role of the AMA in blocking public health care in the US.
Read more...EU Undershoots 155MM Shell Capacity Target by More Than Half, Blames All Sorts of Things Besides Lack of Operational Capability
EU inability to meaningful increase 155mm shell production show the high cost of giving private arms-makers free rein.
Read more...Michael Hudson: We Need a New Political Vocabulary
Yves here. Thank the persistent and very long running campaign to move the values of the US to the right for the hollowing out of the meaning of traditional political labels that Michael Hudson describes below. It can’t be said often enough that the change in the where the center was perceived to sit was […]
Read more...Project 2025 Architect Signals Bloodshed If Left Opposes Trump-Led ‘Revolution’
The “second American Revolution” underway will “remain bloodless,” said the head of Project 2025 “if the left allows it to be.”
Read more...Biden’s De Facto EV Mandate at Risk After Supreme Court ‘Chevron’ Ruling
A look at just one implication of the fresh Chevron Supreme Court ruling demonstrates how far-reaching it is.
Read more...Capital in the 21st Century: Ownership of the Firms Producing Raw Materials
Investors from outside the EU control a significant share of the capital of global listed companies involved in the mining of cobalt, copper, lithium, nickel, and rare earths, underscoring the need to enhance the EU’s strategic autonomy and devise a metal-specific strategy going forward.
Read more...Fear & Loathing on The Economist Subscription Trail
Satayjit Das’ penetrating and witty look at The Economist reveals a great deal not to like.
Read more...Union ‘Effects’ on Hourly and Weekly Wages: A Half-Century Perspective
Even with union power diminished, union members still benefit from higher weekly pay than non-members.
Read more...Freeports Are Dangerous
Rishi Sunak is still flogging his failed freeports initiative as a success. If they were to take off, the winners would be dodgy operators.
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