Debt and the Collapse of Antiquity – Michael Hudson
Michael Hudson explains how Rome rejected debt forgiveness and nstituted a pro-creditor legal system, which our establishment defends today.
Read more...Category Archives: Income disparity
Ukraine Conflict Highlights Key Question for Africa: Should We Focus on the Problems of the Elite, or Those Faced by the Majority of the Population?
Professor Sokona, Vice-Chair of the IPCC, on how Ukraine has reshaped thinking in Africa and on the needed transformation in its leadership
Read more...Is Labour Purging the Left? Inside the Party’s Embattled Selection Process
‘This is the most fundamental attempt to change the DNA of the Labour Party in its entire history’
Read more...The Presidential Campaign of Convict 9653
Eugene Debs, the socialist who ran for President despite being a convict times two, is again in the spotlight.
Read more...About That Bipartisanship…
What kind of bipartisanship do we want? Smooth-as-silk to grow our Pentagon and Praetorian Guard? Or disruptive to fight against all that?
Read more...I Tried to Pay My Taxes in Cash – Here’s What Happened, and Why the IRS Should Make It Easier To Do So
A shaggy dog story on trying to get the IRS to accept cash….
Read more...For Uninsured People With Cancer, Securing Care Can Be Like Spinning a Roulette Wheel
Contending with cancer is horrific enough. Fighting to get care is scary, demoraizing, and can be fatal.
Read more...The Impact of Inflation
The IMF takes a wee look at who is hurt by and benefits from inflation.
Read more...The GOP’s Big Bold Plan to Bring Back Child Labor
Back to the era of child labor? Paging Charles Dickens…
Read more...Danny Haiphong and Michael Hudson Discuss The Collapse of Antiquity, the Bank Panic,
Another tour de force by Michael Hudson on how debt dynamics create oligarcies, how the Fed stoked thebank crisis, and the multipolarity push.
Read more...Defeat of a School Voucher Program Reveals Motives Behind the ‘School Choice’ Debate
A newfangled school voucher scheme, “education success accounts,” was too much even for the conservative Virginia House to swallow.
Read more...The Financial Crisis of 2023: Protecting Big Finance, Coming and Going
The financial system needs to provide a safe place for businesses to place their reserves and working capital.
Read more...Austerity for the Plebes, Bank Rescues for the Rich
The bank panic is proving to be an exercise in class warfare that may well wind up further strengthening the right.
Read more...Why the Repeal of Anti-Union Laws in Michigan Boosts Workers Nationwide
The union revival is gaining ground, with the latest win being the reversal of a “right to work” law in Michigan.
Read more...Herman Daly (1938-2022): The Economist for Our Time
The double question implied throughout Herman Daly’s work as an economist is this: “Is the economy for the people, or are the people for the economy?” nomy for the people, or are the people for the economy?”
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