Why True Democratic Systems Are Incompatible with Class-Based Orders…..Like Capitalism
Continuing the debate on whether democracy is viable in a capitalist regime.
Read more...Category Archives: The destruction of the middle class
Elections Won’t Fix What Ails the West
e body politic in the West is not at all healthy. Why is there so much denial about that?
Read more...NATO/West or Global Majority? Unipolar Destruction or Multipolar Development? The World Must Choose
Yves here. While there is a lot of merit in the latest discussion between Radhika Desai and Micheal Hudson on their favorite topic of mutlipolarity, I feel compelled to correct some imprecisions. The video depicts the “German government” as having “raised” the debt brake but then “not being allowed” with no depiction of agency, to […]
Read more...New Technologies to Get Around Old Laws: Algorithms Being Used to Evade Antitrust Rules, Fix Prices and Worse
Is organizing a price-fixing cartel still illegal if an algorithm tells you to do it?
Read more...PlutoniumKun: Correcting the Considerable Misinformation on the Recent Dublin Riots
A detailed account of the Dublin riot and the related political and social undercurrents in Ireland by our esteemed PlutoniumKun
Read more...How Finance Capitalism Ruined the World – Dr. Michael Hudson & Dr. Steve Keen
Micheal Hudson and Steve Keen review how finance capitalism prevailed over industrial capitalism, and why that produced bad outcomes.
Read more...Biden Administration’s Limit on Drug Industry Middlemen Backfires, Pharmacists Say
“Biden Administration initiative backfires” is almost a default title. But here, the consequences for pharmacies and patients are significant
Read more...Facing Financial Ruin as Costs Soar for Elder Care
Older Americans and sometimes their family members are being wrung dry by rising elder care costs and shabby government support.
Read more...How the Labor Movement Can Make the UAW’s 2028 General Strike Dream Come True
This could be the beginning of the most exciting resurgence of American organized labor power in a century.
Read more...After Years of Tanking Climate Action and Anti-Poverty Measures, Manchin Announces Exit From Senate
“During his time in office, Manchin served the fossil fuel industry and lined his pockets with the payoff,” said one critic.
Read more...UN Special Rapporteur Calls Out Walmart, Amazon, DoorDash as Creating Poverty by Not Paying Living Wages
Major companies like Walmart create poverty via obscenely low pay, most recently confirmed via a UN special rapporteur.
Read more...United Auto Workers Union Hails Strike-Ending Deals with Automakers That Would Raise Top Assembly-Plant Hourly Pay to More Than $40 as ‘Record Contracts’
UAW strike wins across the auto industry show that disciplined labor action works.
Read more...Smaller Employers Weigh a Big-Company Fix for Scarce Primary Care: Their Own Clinics
Some employers in primary care deserts are entering the healh care business, indirectly revealing the level of institutionalized profiteering
Read more...Seeking Full Employment Without Falling Prey to Neoliberal Traps
MMT economist Bill Mitchell on the rise of neoliberal ideology across the Anglosphere and how it curbed labor.
Read more...Theories of Economic Crises
How different economic theories, or more accurately, stories, about crises, have profound impact on policy.
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