‘This Is Our Defining Moment’: UAW Launches Historic Strikes Against Big Three Automakers
The once-feared UAW is flexing some muscle. Complaints about expenses are disingenuous v, the cost of stock manipulation, aka buybacks.
Read more...Category Archives: Free markets and their discontents
The Lehman Disaster and Why It Matters Today
On September 15, 2008, Lehman Brothers, a giant investment bank, filed for bankruptcy. The shock was profound; world markets melted down.
Read more...Yanis Varoufakis: TECHNOFEUDALISM – What Killed Capitalism
Yanis Varoufakis’ forthcoming book examines our changed economic system, which he callls “technofeudalism.”
Read more...How Shareholder Value Fixation Turns AI and Robotics into a Recipe for Failure
New technologies are not the problem. It’s a system distorted by a flawed shareholder value ideology.
Read more...A Sign that the West Is Having to Compete for Emerging Economy Loyalty? Long Overdue Progress on Africa-Instigated International Tax Reform
After long resistance by rich nations, African governments successfully pushed for the UN to lead on international tax cooperation.
Read more...Will It Be Socialism or Barbarism for the Twenty-First Century?
How the end of policies supporting the material well-being of workers, aka socialism, has created widespread distress and political schisms.
Read more...Is Intellectual Property Turning into a Knowledge Monopoly?
How private capital has hijacked research and intellectual property practices, to the detriment of invention and society generally.
Read more...BMW: Gasoline Car Ban Poses “Imminent Risk” To European Automakers
BMW warns that the 2035 EU mandate to end sales of new fossil fuel vehicles will be a mass death event for most EU car makers
Read more...Further Thoughts on Sweden’s Pandemic Response
A Covid retrospective on Sweden indicates citizens to a large degreed ignored bad government advice.
Read more...How Economists Distorted Economic Theory to Help Big Companies Get Bigger
Economists had to play fast and loose with economic theory to deploy their merger “efficiency” arguments.
Read more...Biden Administration Migrant-Friendly Southern Border Policy Creating Splits Among Democrats; NYC About to Eject 4,500 from Shelters
den”s “even more open borders” policy is generating resistance among some Democrats.
Read more...Imperialism: How the Struggle of Both Classes and Nations Creates Our World
How imperailasm has determined much of the structure of the international economy and that in turn affects domestic interests.
Read more...US Weaponizes Environmental Rhetoric to Seek Water Hegemony
An update on jockeying over critical water resources and how the US is positioning itself.
Read more...Global Fossil Fuel Subsidies Skyrocket To $7 Trillion
The IMF made a comprehensive tally of fossil fuels subsidies. Both the level and the trajectory are sobering.
Read more...Danny Haiphong: Pepe Escobar and Michael Hudson Join on BRICS Plus Six, Ukraine, and the Multipolar World Economy!
Danny Haiphong talks to Michael Hudson and Pepe Escobar about hot mulitipolarity topics, particularly BRICS and its “currency” plans
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