Michael Hudson: Is This the End of the Unreformable Democratic Party?
Have the contradictions of the Democratic Party’s overarching strategy finally become untenable?
Read more...Category Archives: Free markets and their discontents
Halloween Is Over – Are Corporate Zombies Still Out There?
Corporate debt levels are up due to Covid. Some will businesses will not make it. Restructuring sooner is better for everyone than later.
Read more...Debt Cancellation: Taxi Drivers Savor Victory as Medallion Debt Bailout Deal Ends Hunger Strike
How New York City taxi drivers won a rare and much needed debt restructuring.
Read more...COP26: Can a Singing, Dancing Rebellion Save the World?
COP26 revealed climate activists have a very long way to go, and not necessarily in the way they think.
Read more...Deere Union Members Reject Second Management Offer; Key Demands Include Greater Workplace Say
Deere union members at 12 of 14 factories put the screws on management by rejecting their latest offer.
Read more...Will Glasgow Fix Broken Climate Finance Promises?
A sad but not surprising tally of how the Glasgow summit fell way short on climate handwaves, um, commitments.
Read more...Why the US Supply Chain Crisis Is Intractable and Will Get Worse
The US supply chain problem will only get worse in the absence of aggressive Federal action….and we know how likely that is.
Read more...IM Doc on Medication/Medical Supply Shortages and Political Backlash
Key parts of the medical industry in the US are being held together with duct tape and bailng wire. What happens if the stresses get worse?
Read more...Bob Pollin: Stop Subsidizing Wall St., Start Subsidizing Workers for High Energy Costs
Bob Pollin: High oil prices and supply chain disruption are driving inflation, not workers’ modest wage increases or government debt.
Read more...“Democrats Introduce Plan To Fix Social Security, The Way We Fixed the Cat”
Here we go again….another Democrat scheme to gut Social Security.
Read more...Will the Supply Chain Crisis Lead to More Onshoring?
Why even if we see more serious breakdowns, big and medium sized companies are unlikely to move away from reliance on a fragile supply chain.
Read more...Mexico’s Auto Industry Between Radical Change and Trade Wars
How auto suppliers in Mexico have wound up between a rock and a hard place.
Read more...“Want to See a Modern Country Commit Suicide? Take a Hard Look at Britain”
Post Brexit Britain is not doing at all well, and things are not going to take a turn any time soon.
Read more...Lee Camp: The Four Layers of Reality — And Why We’re Only Allowed to Talk About One
On how the media does (and doesn’t) construct reality.
Read more...French Oil Company Total ‘Knew About Global Warming Impact in 1971’, Study Finds
A new study has found Total knew about the links between climate change and fossil fuels 50 years ago.
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