Michael Hudson Talks to Ben Norton About SVB and Bank Failures
Michael Hudson gives a wide-ranging talk on SVB and other recent bank collapses, focusing on the considerable role of misguided Fed policies
Read more...Category Archives: Income disparity
SVB and the Only Choice We Have
How the SVB bailout confirms the dedication of the elites to self interest only.
Read more...US Officials Make Non-Bailout Bailout of Silicon Valley and Signature Bank and Continue Class Warfare
An over-zealous Fed pushed a few banks, including the big and super connected Silicon Valley Bank, over the edge. A bailout was a given.
Read more...How Does JK Galbraith’s The New Industrial State Hold Up After 6 Decades?
How John Galbraith correctly called many developments that have had great political and economic significance, like the decline of unions
Read more...Why Student Debt Cancellation Is Reasonable, Not Radical
Discuss: “The right has narrowed the parameters of discussion on student debt forgiveness. Biden is not fighting back aggressively enough.”
Read more...What If the World Cannot Save the World from Climate Change?
How climate change reveals a crisis of international governance.
Read more...Rail Workers Warn Safety Bill Loopholes Are Big Enough to ‘Run a Freight Train Through’
Post East Palentine rail safety reform proposals are embarrassingly unserious.
Read more...New York Fed Identifies a New Way Dollar Hegemony Is Not Good for Emerging Economies and Other Growing Things
Another mechanism by which US does harm through our indifference to to the impact of our dollar/interest rate policies on other countries.
Read more...The Fiscal Side of Europe’s Energy Crisis: The Facts, Problems and Prospects
A deep dive into the costs and impact of the recent, large-scale European energy subsidies.
Read more...Salve Lucrum: The Existential Threat of Greed in US Health Care
A big reason US health sucks is that the government refuses to crack down on abuses like price gouging and billing games.
Read more...Identifying the Real Resistance
Can the rich be trusted to fix a breaking world? Or should the real resistance unite beneath one banner?
Read more...Hubert Horan: Can Uber Ever Deliver? Part Thirty-Two: Losses Top $33 Billion But Uber Has Avoided The Equity Collapse Most “Tech” Startups Experienced
An update on Uber financial fakery and continued lack of bona fide profits.
Read more...Jared Holst: The Criminal Value Chain
Police reform schemes avoid addressing the causes of criminal activity, most of all poverty. But that would mean giving nice things to people
Read more...The Government Makes a Profit on Defaulted Student Loans
The Federal government’s unheard of profits on defaulted student loans confirms that the scheme is predatory. And defaults are set to rise.
Read more...Tipping Is Not a Reward—It’s an Insult
Tipping legalizes subminimum wages and keeps workers subservient to the whims of employers and customers.
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