Michael Perelman: The Rise of Free-Trade Imperialism and Military Keynesianism
On the economic and political origins of America’s stealth imperialism and military Keynesianism, as opposed to Keynes’ original version.
Read more...Category Archives: Politics
The Birth of a Eurasian Century: Russia and China Do Pipelineistan
Russia and China, along with other developing economies, are exploring ways to create an Eurasian alliance to go toe-to-toe with the US economic hegemony.
Read more...The Tragedy of the Soma Mine-Workers: A Crime of Peripheral Capitalism Unleashed
Yves here. This post explains how the horrific mine explosion in Western Turkey, which has officially claimed nearly 300 lives as the death count continues to rise, was not an accident but the direct result of privatization and circumvention of safety standards.
Read more...UK Survey Finds High Levels of Depression and Desperation Among the Young
High levels of un- and underemployment among the young are undermining their mental health. And the damage might be lasting.
Read more...How the Democrats Are Using Piketty’s Book on Inequality
How Democrats are using Thomas Piketty’s new book, Capital in the Twenty-First Century, to bolster the party’s flagging fortunes.
Read more...Philip Pilkington: Cody Wilson and the Language of Power
How a conversation with a crypto anarchist put the BBC on tilt and unwittingly provided a lesson in how power issues are kept out of polite conversation.
Read more...More Polite Handwringing About Student Debt Mess
The absence of serious discussion of an only-worsening student debt problem is troubling.
Read more...Piketty’s Wealth Tax is Real, and It Works
Most economists deride Thomas Piketty’s recommendation of a wealth tax as the remedy to inequality. It might help if they did some empirical research.
Read more...Andrew Ross Sorkin, Timothy Geithner, and the Three Card Monte Model of Propaganda
Truth be told, I had really wanted to ignore Andrew Ross Sorkin’s artfully packaged Timothy Geithner puff piece in the Sunday New York Times magazine. But it makes for a useful study in a not-well-recognized propaganda technique, three card monte.
Read more...Has America’s Use of Finance as a Foreign Policy Tool Backfired?
How America’ s abject fealty to the financial services industry, and its promotion of open capital markets in emerging economies, privatization and its tolerance of tax havens, have destroyed US credibility in Eastern Europe.
Read more...Abigail Field: Privatization Is Driven By Private Greed and Public Cowardice (and Public Greed, Too)
“Privatization” and “public-private-partnerships” for infrastructure and other public assets are scams driven by private greed and public cowardice.
Read more...Rhode Island Senate Considering “Maximum Wage” Legislation
Why Rhode Island’s maximum wage proposal is a potential big step toward reducing income inequality.
Read more...Michael Hudson: Stockholm Syndrome in the Baltics – Latvia’s Neoliberal War against Labor and Industry
How Latvia, a test case for neoliberal colonialism, has proven to be a test case of how finance-serving policies crush labor and enterprise.
Read more...SEC Official Describes Widespread Lawbreaking and Material Weakness in Controls in Private Equity Industry
At a private equity conference this week, Drew Bowden, a senior SEC official, told private equity fund managers and their investors in considerable detail about how the agency had found widespread stealing and other serious infractions in its audits of private equity firms.
Read more...No Evidence Justice Department Will Prosecute U.S. Banks Responsible for Financial Crisis
Bill Black is in particularly fine form in this Real News Network video.
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