Tuesday, September 16, 2025

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.

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?

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”?

2:00PM Water Cooler 4/29/2020

Today’s Water Cooler: “Nearly half of the Q1 decline in GDP can be attributed to healthcare, which is presumably delaying of elective procedures.” Can this be true?

Links 4/29/2020

Schadenfraude Alert: Airbnb Mini-Moguls in Meltdown as Bookings Collapse

Once fat and happy Airbnb landlords are now in a world of hurt.

‘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.

Why the Oil and Gas Industry Will Never Be the Same

An overview of the dislocations in the oil market.

2:00PM Water Cooler 4/28/2020

Today’s Water Cooler:

Consumer Beware: Coronavirus Antibody Tests Are Still A Work In Progress

How hopes for coronavirus tests are ahead of the state of play.

Links 4/28/2020

Quarantine Cat Tricks

Cat intermission.

Public Health and Private Profits Under COVID-19 Pandemic

More discussion of how the private sector is undermining responses to Covid-19.

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.

#COVID19 Lockdowns, the Reopen Protests, and Wage Labor

Pandemics and TINA.