Category Archives: Free markets and their discontents

Where’s the Contagion from the Crypto Implosion?

Why, if you aren’t in crypto, you can watch the meltdown in comparative comfort.

Sick Profit: Investigating Private Equity’s Stealthy Takeover of Health Care Across Cities and Specialties

Another account of the extent of the private equity health care grifting, as well as some avenues to check these abuses.

As Gig Economy Grows, Its Toll on Workers Mounts

Democrats help the gig economy expands its reach as it brings pain and suffering to more American workers.

Sam Bankman-Fried and FTX Were Up to No Good, Including Their Customer Agreement

In the unlikely event you have any doubt, Sam Bankman-Fried and his merry band of FTX rogues look mighty dishonest.

Repairing a Fractured World Economy?

Richard Kozul-Wright describes the current world economic disorder, and discusses possibilities and limits of effective regional responses

Oil Executives Warn G7 Price Cap Could Lead To Stranded Tankers

The more you look at the G7 Russian oil price scheme, the worse it appears.

How Workers and Pro-Union Politicians Team Up for Fair Trade

The US gets out of bed to go after some illegal foreign trade subsidies. Sadly this sort of thing does not happen very often.

Real Progressives Live with Michael Hudson: The Destiny of Civilization

Michael Hudson explains how financial capitalism won the struggle with industrial capitalism and gave rentiers the upper hand.

The Public Shouldn’t Pay for Drugs Twice

Taxpayers foot the bill for medical research, but drug companies profit. We need a new R&D model to stop this rentierism.

Could the Ukraine Conflict Be an Opportunity for the Global South?

Many countries see the Russia challenge to Western economic dominance as an opportunity to rewrite the rules of global trade in their favor.

The Destiny of Civilization: An Interview with Michael Hudson on Economic Development, Rentierism, Debt, China

Another tour de force with Michael Hudson, covering development, rentierism, economic narratives, debt dynamics, and the rise of China.

After Bolsonaro’s Failures, Why Was Brazil’s Election So Close?

Lula wins by a whisker, but the Bolsonao Christian Right remains a powerful threat.

Stop Worshiping Central Banks

Preoccupied with ‘credibility’ and reputations, central banks are again driving the world into recession, financial turmoil and debt crises.

The U.S. Diesel Shortage Is Worsening

That diesel shortage we warned you about is arriving. So what is likely to happen?