Free markets and their discontents Archives - Page 93 of 263

Replacing Rentier Capitalism Is One of the Defining Challenges of Our Age

Housing itself is just the most egregious tip of a very large iceberg. Everywhere you look, COVID-19 is widening the gulf between those who own assets and those who owe debts.

Why Google Is Facing Serious Accusations of Monopoly Practices

The regulatory worm seems to be turning against Google in many countries, even in the U.S. where it had been hibernating.

Michael Hudson on Financialization and Deindustrialization

Michael Hudson on how Trump’s policies have not addressed the fundamental forces that gutted industrial jobs under the both parties

Americans Didn’t Vote for Change. For Many, It Wasn’t on the Ballot

Yves here. There will be many articles trying to explain what happened to the Democrats’ blue wave. This one is close on the heels of the result, which means it reflects beliefs at or shortly after the vote, as opposed to later lines of thought. And the writers made an effort to speak to Trump […]

Outsourcing: A Personal Window on the Rise of Grifting

Some vignettes from the rise of outsourcing.

China Takes Step Against Securitization, Consumer Borrowing With Suspension of Ant IPO

With its smackdown of Ant and its billionaire founder Jack Ma, China has made clear that financiers do not call the shots.

How Covid-19 Is Increasing Support for Social Spending

Quelle surprise! Americans want better social safety nets, particularly now with the Covid wolf at the door.

The Other Eviction Moratorium: Storefront and Office Tenants are Hanging on. But for How Long?

New York City’s struggle between commercial landlords and their tenants over rents owed versus lousy recovery prospects reveals a lot about perverse incentives.