How to Move Beyond Utopian Socialism and Libertarianism
It is vital to escape the standard binary debates of state versus market or public versus private ownership.
Read more...Category Archives: Free markets and their discontents
The Mnuchin-Powell Affair Over the Fed’s “Special Purpose Vehicles” in Dollars & Effects
The Treasury and Fed set up junk-buying SPV programs The unwind is oddly controversial given that they never should have been created.
Read more...Don’t Depend on Wall Street for Renewable Energy Investment
Why Big Finance is part of the energy problem, not the solution.
Read more...Nick Corbishley: Bankruptcy Looms As Cash-Starved UK Local Councils’ High-Risk Real Estate Bets Sour
UK councils were already in trouble due to austerity, inflated charges for services, and mismanagement. Covid is set to generate bankruptcies
Read more...Why 2020 Was the ‘Precarity Election’
In 2020, both parties ignored rising precarity, which is why the country remains a house divided against itself.
Read more...2020 “Globie”: The Carry Trade
A recent book focuse on the role of the carry trade in increasing financialization and instabilty.
Read more...The Liberals’ New Passion for Snobbery and Censorship: An Interview + Review of The War on Populism and Trumpocalypse by C.J. Hopkins
Playwright and critic C.J. Hopkins was early to document the liberal embrace of intensified propaganda in the US.
Read more...Dealing with the Second Wave: Subsidies, Instead of Ordering Closures
Could officials use carrots rather than a stick to induce short-term closures of high risk businesses like restaurants?
Read more...Matt Taibbi: A Dangerous Moment for the Democratic Party
Matt Taibbi describes why the Democrats are likely to draw all the wrong lessons from their shabby 2020 results.
Read more...Unions Raise Worker Wellbeing
Quelle surprise! Unions look better than they used to, due to the worsening of non-union work.
Read more...James M. Buchanan, Segregation, and Virginia’s Massive Resistance
Later “Nobel” prize winner James Buchanan took his first policy stance by supporting segregation in Virginia via proto charter schools.
Read more...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.
Read more...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.
Read more...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
Read more...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 […]
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