Michael Hudson: From Babylon to Wall Street – How Bankers Make You Poor
A wide-ranging historical discussion with Michael Hudson, tracing the destructive rise the power of lenders from ancient times to today.
Read more...Category Archives: Free markets and their discontents
As Tariffs Bite and Jobs Stall, New Interactive Tool Tracks How Much Trump and GOP Are Raising the Cost of Living
As Trump’s new tariffs are about to squeeze American wallets even harder, a new tool helps keep track of the damage.
Read more...Trump Is Hellbent on Derailing India’s Rise as a Great Power
Is there some logic to Trump’s 25% tariff threat against India, or is this just more pique over his limited influence?
Read more...Unexpected China Factory Contraction Confirms Deflationary Headwinds, Overcapacity
China’s leaders admit to widespread overcapacity, such as in EVs and solar panels. Faillure to solve it could generate Japan-style deflation
Read more...CEOs Celebrate Even Bigger Wins in Class Warfare via Cutting Employment
CEOs are not just looting their companies but now the broader economy with the intensity of their headcount cutting.
Read more...Hubert Horan: Can Airlines Get Passengers to Accept AI-Driven Personalized/Surveillance Pricing?
Delta has fevered dreams of AI-engineered individual pricing to boost revenues. But would this work in practice?
Read more...The EU-US Trade Deal: Von der Leyen Just Subordinated the EU as the US’ Largest-Ever Vassal State
The EU submits to Trump on trade and accepts further insult via required US investment and energy purchases
Read more...Will Voters Turn to Corbyn and Socialism over Starmer’s Big Finance Love-In?
A discussion of whether voters would back Corbyn-style socialism, particularly given Starmer’s ever-rightwards shift.
Read more...When Politics and Finance Merge, Truth Surpasses Fiction
In the West, politics and finance run separately; in the East, they merge. That’s why politics there matters more and political fictions are absent.
Read more...Satyajit Das: Parsing President Trump’s Real Agenda
Divining the decision rules that guide Trump’s actions.
Read more...How Can the Democrats Win Back the Working Class? Economic Populism
A new report finds that championing progressive economic policies can reverse the exodus of working class voters from the Democratic party.
Read more...What the World Can Learn from Uruguay as the Global Housing Crisis Deepens
Cooperative housing has been a big success in building affordable housing in Uruguray. But can this model be exported to the US?
Read more...Michael Hudson: Today’s Civilizational Conflict
A new article by Michael Hudson, an extract from an upcoming book, gives a long view of colonial exploitation and China as a counter-model
Read more...Why Inflation Sticks Around: The Role of Class Warfare in Price Persistence
A new twist on inflation: how workers and corporates trying to preserve their financial position has the effect of perpetuating inflation
Read more...Chinese Government Tries to Combat Destructive Deflation. Will It Succeed?
The economic hazard of deflation is already stalking China, to the degree that even Xi is trying to take it on.
Read more...