Gorbachev Paved Way for Oligarchs – Aleksandr Buzgalin
By opposing deep democratic reforms from below, Gorbachev laid the groundwork for privatization and the looting of the 1990s.
Read more...Category Archives: Free markets and their discontents
Chokepoint Capitalism Strangles Us All
Capitalism works in insidiuous ways.
Read more...“Lehman Event” Looms For Europe As Energy Companies Face $1.5 Trillion in Margin Calls
Why energy price spikes are threatening the financial system. And any derivatives bailout will take prescedence over businesses and housholds.
Read more...Europe’s Economic Controlled Flight Into Terrain
More on Europe’s economic suicide.
Read more...How France Underdevelops Africa
Most French colonies in Africa became independent in the 60s. But most are in poverty, much worse off than other African economies.
Read more...We Could Massively Reduce the Price of Energy in the UK – By Changing the Way We Regulate Energy Prices
A remedy for the UK/EU energy price shock is changing price rules. But can those fixes be implemented soon enough?
Read more...Saudi Arabia New Output Cuts Threat Is Another Blow To Washington
Saudi Arabia in concert with OPEC+, as in Russia, looks to be sticking to its promise to cut output if oil demand softened.
Read more...Quiet Quitting: White Collar Workers No Longer in the Mood to Give More at Work Than They Are Paid For
Quiet quitting: the new management bugaboo!
Read more...Record Number of US Households Behind on Energy Bills; Brace for a Cold Winter
Americans haven’t suffered the same level of energy price increases as the UK and Europe, yet a record number of households are buckling.
Read more...A New US Data Privacy Bill Aims To Give You More Control Over Information Collected About You – and Make Businesses Change How They Handle Data
A new data privacy law is in the works, at least in part due to more stringent rules in Europe. But could it have unintended side effects?
Read more...The Hope of What Was Once Called a Decent Living Has Departed for the Average Household
The UK is a serious and worsening cost of living crisis that’s impoverishing the former middle class. What will the political fallout be?
Read more...China as a Developmental State: Indigenous Innovation and Global Competition
China chose a successful technological development path, in contrast to the corporate financialization model in the United States.
Read more...Europe’s Gas Price Is Now Equivalent To $410 Per Barrel Of Oil
How LNG scarcity is playing into Europe’s gas woes, and other markets are set to feel the effects of the LNG price squeeze.
Read more...Ukraine Could Abandon Key Labour Principle as Part of EU Drive
John here. In the midst of the current conflict, somehow Zelensky’s National Council for the Recovery of Ukraine from the War has found time to work on dismantling the collective bargaining structures in the country and undermining workers’ rights. However and whenever Ukraine eventually emerges from the conflict, it seems certain that Ukrainian workers will […]
Read more...Companies Are Paying Inflation Busting Dividends at Cost to the Rest of the Economy, Including Their Employees
How companies are paying dividends rather than investing in their business or paying employees better……and often borrow to do so.
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