We are now 35 years into a finance-led counterrevolution. If you care about income inequality, student loan debt slavery, foreclosure abuses, and other products of the success of this effort, it behooves you, as Sun Tzu urged, to understand your enemy.
Read more...The Wall Street Journal, of all places, describes the dark economic underbelly of Uber and other Orwellianly-named “sharing” services.
Read more...How efforts to motivate and instill loyalty among workers and citizens by trying to mass produce happiness have backfired.
Read more...A group of 400 NYU faculty members documents how the school fleeces students to pay for gold-plated administrator pay and perks.
Read more...A new series of books on money gives an intriguing historical overview and winds up highlighting money as a implement of power relations.
Read more...TAA, a training program for workers displaced by TPP, would be funded by money diverted from Medicare. It doesn’t work, either.
Read more...How Tony Blair sold deregulation, and why his bad prescription is so hard to kill.
Read more...An important, sobering description of how US military overreach became institutionalized.
Read more...Cameron thinks he’s riding a major victory, and he will now be called upon to deliver on his election promises, which just so happen to include a deepening and acceleration of austerity measures.
Read more...Why Bernie Sanders is a real contender, and how his campaign threatens Democratic party apparatchiks.
Read more...Accounting Control Fraud is one play in the elite playbook; this post argues that Self-Licking Ice Cream Cones are another.
Read more...A new paper shreds the myths that justified the misguided application of austerity and wage-rate reduction policies in Greece and the Eurozone.
Read more...Bernie Sanders’s presidential bid is already creating more of a stir than expected. He is not just running against Clinton. He’s targeting an entire system.
Read more...It’s painful to watch the Greek ruling coalition unwittingly do the creditors’ work by wringing Greece dry of cash more aggressively than Pasok or New Democracy would have dared to.
Read more...Yves here. Color me appalled by the premise of this post. It starts from the assumption that social safety nets are bad because they crowd out “informal institutions” namely family, as the insurer of the last resort. Note it may be unfair to single out this post, since the authors are addressing an apparently conventional […]
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