Get a cup of coffee. This important post gives an in-depth analysis that helps explain how bad conduct was covered up or glossed over by the FCIC, and how much of the media fell in line with the official, sanitized story.
Read more...Are progressives willing to attack Ron Wyden on TPP?
Read more...Neoliberalism and the question of the state.
Read more...If the plan of the Troika was to starve the Tsipras government and produce either capitulation or a loss of domestic credibility, their effort appears to be on track.
Read more...In recent decades, new forms of dictatorship based on manipulating information rather than on mass violence, have emerged. This column explores the trade-offs and techniques of the modern dictator. Such dictators can survive using little violence in the face of moderate economic underperformance. Economic downturns often prompt an increase in censorship and propaganda. Though new information-based dictatorships are better adapted to a modernised society, modernisation and access to information, as well as economic contractions could undermine them.
Read more...Based on developments in our post-9/11 world, we could be watching the birth of a new American political system and way of governing for which, as yet, we have no name.
Read more...It’s hard to fathom Greece’s approach to its dealings with its oppressors, um, creditors.
Read more...Yesterday, the Wall Street Journal ran a credulity-straining account of how Rodgin Cohen, the dominant bank regulatory lawyer in the US, was trying with a straight face to convey a line that legitimates his role: move along, there is no such thing as regulatory capture.
Read more...Varoufakis addresses the need for Greeks and Germans to stop the blame game and work together.
Read more...The sudden rush of countries joining China’s infrastructure bank, including supposed US allies like the UK, Germany, and France, demonstrates the desire of not just emerging but also advanced economies to have access to international institutions that are not dominated by the US. Whether the infrastructure bank actually winds up being better, as opposed to simply different than existing institutions remains to be seen. But as Hudson describes, the World Bank sets a low bar.
Read more...This article describes how the creation of a misguided corporatized governance structure and undermining of public-interest-related objectives undermined the Post Office. The very fact that offices are being shuttered in rural areas that depend on the Post Office as a local anchor, leading to the death of communities, shows how far the modern Post Office deviates from its founders’ objectives.
Read more...A case study in Goebbelnomics, here used by austerians to justify the class and economic war against Greece.
Read more...This report does not bode well for Greece Prime Minister Alex Tsipras’ efforts to resolve what he regards as an impasse over negotiating process, but the IMF and possibly the ECB regards as a more fundamental outtrade.
Read more...Budget season brings out the deficit/debt burden propagandists, and Maya MacGuineas of Fix the Debt is a prominent fixture. Sadly, her type needs to be debunked often.
Read more...Things are not looking good for Greece.
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