Monopoly Capitalism: At The Breaking Point?
Michael Hudson discusses monopoly capitalism on the Laura Flanders show.
Read more...Category Archives: Infrastructure
Tesla Encounters the Material World
The likely failure of Tesla’s hyper-automated manufacturing process, and the externalities of battery fires in electric vehicles.
Read more...Aliso Canyon Disaster Highlights Risks, Inadequate Safety Rules Governing Natural Gas Storage
Report documents how the self-regulation fairy proved itself as inept in protecting the public from dysfunctional management decisions that compromised safety and led to the Alito Canyon natural gas disaster.
Read more...Was Carillion’s Collapse the Beginning of the End for the UK’s Outsourcers?
Two large British outsourcers are also on the verge of collapse, and the vultures are circling.
Read more...Trump’s Bogus Infrastructure Plan Takes the U.S. Further Down the Road of Rentier Capitalism
The public-private partnerships Trump proposes are a sick neoliberal joke.
Read more...New JAMA Study Shows that Electronic Health Records Do Not Reduce Administrative Costs
New study on the EHR debacle shows that our multiple payer system creates the complexity that prevents cost-saving and makes EHRs so hard to implement
Read more...Private Equity Firms Turn Up Noses at Trump’s Infrastructure Headfake
A perverse bit of good news: PE firms don’t like Trump’s infrastructure scheme.
Read more...After Carillion, Can Capitalism Clean Up Its Act? Or Will Marx Have the Final Word?
Will Carillion and other pending outsourcer blow-ups finally put Thatcherism in its grave? And will the US have a similar wake-up call?
Read more...Puerto Rico’s New Power Struggle: Privatization
Puerto Rico announces plans to privatise its public utility, even though many residents still lack power 4 months after Hurricane Maria.
Read more...Puerto Rico: Post-Hurricane Maria Relief Effort Omnishambles Rolls On
Puerto Rico’s recovery: Grid materiel, the exodus and cheap labor, the relief loan, and oddly trivial disaster capitalism.
Read more...Carillion Must Now Also Face Justice for Blacklisting Trade Unionists
More on Carillion’s bad deeds.
Read more...As the Tourists Return, Half of Puerto Rico Remains Without Power, Thanks to PROMESA, while Workers Leave, and Vulture Capital Circles
The story of the missing telephone poles, the Puerto Rican exodus, and the Aurelius case, where nobody knows anything.
Read more...One-Third of Puerto Rico Won’t Have Christmas Tree Lights Because They Still Don’t Have Power
Lack of power in Puerto Rico, with ripple effects on the water supply, air pollution, and hospitals
Read more...Net Neutrality: Public Support, “Light Touch” Regulation, and the Coming Court Challenges
A round-up before the FCC”s expected decision to abolish net neutrality on December 14.
Read more...Tesla’s “Semi” Truck: Perspectives from the Cab and the Truck Stop and the Dock
Looking at the Tesla Semi from the driver’s perspective.
Read more...