Category Archives: Free markets and their discontents

US Tax Dollars Funded Every New Drug in the Last Decade

Amid debates over costs—and profits—from a coronavirus vaccine, a new study shows that taxpayers footed the bill for every new drug approved from 2010 to 2019

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Michael Hudson: How an “Act of God” Pandemic Is Destroying the West: The U.S. Is Saving the Financial Sector, Not the Economy

The coronavirus’ effect has been to help defeat the financial sector’s enemy, governments strong enough to regulate it.

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More Giveaways to Capitalist Finance? It’s High Time To Change the Objective

Jan Kregel explains the fundamental problem with the economic system is its focus on providing finance to investors.

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Tom Ferguson: Biden Blurring Almost Everything

Political scientist Tom Ferguson juxtaposes the factions around Biden with how Roosevelt eventually stared down banks and corporatists in the second phase of the New Deal

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‘Threadbare’ US System Denounced as Study Shows 12 Million Lost Employer-Tied Health Care During Pandemic

New data on how many lost their health insurance, which often means health care, due to Covid. And the numbers are not getting better soon.

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