Free markets and their discontents Archives - Page 29 of 258

Solving the Climate Crisis Means Ending Our Addiction to Economic Growth

COP28 may toy with wide-ranging reforms needed to arrest a climate disaster. But arguablly necessary governance structures seem unattainable.

Wall Street Journal: “Why No One Wants to Pay for the Green Transition”

The green energy transition, which truth be told has not gotten very far, is already hitting a wall.

Car Dealers Warn Biden Administration to Pump Brakes on EV Plans

Auto dealers throw cold water on EV uptake hopium.

Why Did Argentina Elect a Right-Wing Non-Establishment Extremist?

More on the truly wacky new president of Argentina, Javier Milei who nevertheless may get some of his bad ideas implemented.

How Finance Capitalism Ruined the World – Dr. Michael Hudson & Dr. Steve Keen

Micheal Hudson and Steve Keen review how finance capitalism prevailed over industrial capitalism, and why that produced bad outcomes.

Restructuring of the Global Economy – Michael Hudson, Alexander Mercouris & Glenn Diesen

A wide-ranging talk, both geographically and historically, on the accelerating changes in the global economy

What Does Mustard Gas Have in Common with Crypto and Blockchain?

In Let Them Eat Crypto, Peter Howson warns that these schemes are fraudulent and causing indefensible harm to both humanity and the planet.

Has the Energy Transition Hit a Wall?

The much-touted green transition is flagging due to rising materials costs.

How the Labor Movement Can Make the UAW’s 2028 General Strike Dream Come True

This could be the beginning of the most exciting resurgence of American organized labor power in a century.

PPPs Fiscal Hoax Is a Blank Financial Silver Bullet

More on why public private partnerships, aka PPPs, amount to private enrichment at public expense, not just governments but also users.

Why Fossil Fuel Companies Can’t Leave Resources Stranded

A discussion of how fossil fuel companies’ imperatives and our legal regime preclude getting them to leave oil and gas in the ground.

Even Rich Nations Now Worried About ISDS

Yves here. In the US, Public Citizen deserves a great deal of credit for turning policy-makers against the multinational-favoring, national-law-and-regulation-gutting “free trade agreement known as ISDS, or “investor state dispute settlement. These disputes are arbitrated by secret panels with no appeal and pro-corporate cronies acting as deciders. Public Citizen’s relentless digging got key bad facts […]