Finance Capitalism vs Industrial Capitalism: How Financial Parasites and Debt Bondage Are Destroying Us
Another Michael Hudson star turn on debt dynamics, this time focusing on the coronavirus bailouts are shoring up rentiers.
Read more...Category Archives: Politics
Covid-19, The Coming Developing Country Debt Crisis and The Argentina Debt Reduction Proposal
Even the IMF backs the new debt put forward by Argentina. Could it be a model for Covid-shocked emerging economies?
Read more...Looking at “The Secret Group of Scientists and Billionaires Pushing a Manhattan Project for COVID-19” with a Critical Eye
Can venture capitalists, private equity, Republican fixers, biomedical serial entrepreneurs, and scientists from two medical institutes deliver a #COVID19 solution that involves mass certification via a cellphone app, and a new hybrid form of governance, an “empowered council”?
Read more...‘No Consequences for Negligence That Kills’: McConnell Wants Corporate Immunity From Covid-19 Lawsuits
Not content with pursuing pro-business judicial nominations alone, Mitch McConnell seeks to circumscribe corporate COVID-19 legal liability.
Read more...In a Slap in the Face to Progressives, Biden Appoints Larry Summers, a “Literal Architect of Neoliberalism,” to Economic Advisory Role
If you need proof that Biden doesn’t give a damn about oridinary people, his bringing Larry Summers in from political exile should convince you.
Read more...#COVID19 Lockdowns, the Reopen Protests, and Wage Labor
Pandemics and TINA.
Read more...Max Blumenthal and Ben Norton With Michael Hudson: How The US Makes Countries Pay For Its Wars – Economics Of American Imperialism
Economist Michael Hudson explains how American imperialism has created a global free lunch, where the US makes foreign countries pay for its wars, and even their own occupation.
Read more...The Campaign Memo Bernie Never Listened To: Did Sanders Run the Most Clueless Modern Political Campaign?
Lambert here: This is the strongest statement of what I might call “the drawing distinctions thesis” I have seen, here distinguishing Sanders from Warren (as opposed to from Biden, as proposed by Sirota). Looking at the concrete proposals, I think that “3) The Obama years must be discredited” (as often proposed by Stoller) would be […]
Read more...‘No Warming, No War’: Report Details How US Militarism and Climate Crisis Are Deeply Interwoven
“In the face of both COVID-19 and the climate crisis, we urgently need to shift from a culture of war to a culture of care.”
Read more...Max Blumenthal and Ben Norton With Michael Hudson: US Coronavirus “Bailout” Is a $6 Trillion Scam
Michael Hudson explians why the coronavirus bailouts are even more of a gimmie to the rich than they look.
Read more...Senate to Focus on Judicial Confirmations Once Chamber Returns in May
Senate Majority leader Mitch McConnell pledges in Tuesday radio interview to focus on securing judicial confirmations once the chamber returns to session in May.
Read more...Mitch McConnell to State Pension Funds: Drop Dead
Prominent Republicans are threatening to gore the public pension fund ox.
Read more...Our Extraordinary 50th Earth Day
The Earth Day milestone occurs in the shadow of the coronavirus.
Read more...The Coronavirus New Normal Has Only Started To Arrive
Why we aren’t even at the end of the beginning of coronavirus-induced change.
Read more...2:00PM Water Cooler Special: The Nation CANCELLED Over Tara Reade Coverage
To assert that there is “no evidence” of Ms. Reade’s allegation against Mr. Biden denies Ms. Reade’s agency as a human being
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