How the American Economy Is Rigged to Serve the Rich, and Why Tariffs Won’t Change That
The money to support well-paid American jobs exists—it’s just being hoarded by the rich.
Read more...Category Archives: Globalization
Trump Wants World to Subsidise US Empire
A Trump advisor argues, in all seriousness, that other countries should help bear the cost of US empire because it confers so many benefits on them.
Read more...‘Making the West Great Again’
At her recent meeting with Trump, IItalian PM Giorgia Meloni declared her allegiance to “western nationalism.” What does such nonsense portend for Italy and Europe?
Read more...Will the EU Join the Economic War Against China?
Should Brussels join in, the economic fallout from Project Ukraine could seem quaint, and it could contribute to shortages in the US.
Read more...Several Hundred Workers Who Keep Invasive Pests Out of the US Accept Trump’s Buyouts
As many as 700 USDA workers on the frontlines of pest detection and crop protection have accepted deferred resignation offers. Their departure could slow inspections, delay outbreak response and leave the nation’s crops exposed to invasive species — which could harm the agricultural economy.
Read more...“Is Trump About to End Democracy in the USA?”
Trump asked the Departments of Defense and Homeland Security to determine whether to use the Insurrection Act to secure the southern border
Read more...Tariffs, the Dollar, and Equities: High-Frequency Evidence from the Liberation Day Announcement
Sales of US equities by foreign owners played a meaningful role in the falll of the dollar after the Trump tariff rampage began.
Read more...Trump’s Tariffs Just Torched His Own Energy Agenda
How Trump tariffs are whacking shale development and in turn, Trump’s prized energy dominace strategy.
Read more...‘You Don’t Need a Tariff, You Need a Revolution’
Chinese point out that Americans are exploited by oligarchs. But the tariffs, like it or not, are part of a radical right counter-revolution.
Read more...Embracing Climate Change to Hurt China
The U.S. goes all in on the burn-it-all-down strategy.
Read more...Tariffs and Trade Wars: Failing to Learn from the Great Depression
A detailed discussion of the damage done by Smoot Hawley to illustrate why tariffs typically do more harm than good
Read more...7 Truths About Trump’s Tariffs — And the High-Stakes Future They Shape
What is Trump trying to achieve on the economic front? Despite all the bobbing and weaving, he does have some core aims.
Read more...Michael Hudson: Return of the Robber Barons – Trump’s Inverted View of America’s Tariff History
Trump’s slash and burn tariff policy is to shrink government, gut regulation and sell off public assets to pay for his tax cuts on super rich
Read more...Pulling the Rug Out from Under China’s Clean Tech Strategy
China went all in on clean energy technology in recent years, but the economic war by the West and other developments now pose challenges to that gamble.
Read more...Trade in the Time of Trump
Trump promised in 2016 and 2024 to undo deindustrialization from globalization and free trade, with tariffs as his main tool. Can it work?
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