Advocacy journalism is a euphemism for propaganda.
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"Objectivity Has Got To Go": News Leaders Call For End Of Objective Journalism
Jonathan Turley | Shapiro Professor of Public Interest Law at George Washington University
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~ Today's Water Cooler ~
The term “late capitalism” seems to be everywhere as a trending meme – often used as a kind of shorthand to illustrate the absurdities of certain free market economies. On Twitter, you will find the hashtags #latecapitalism (English), #tardocapitalismo (Italian), #capitalismotardio (Spanish), and #spätkapitalismus (German), among others. Typically, they satirise notions such as the idea of endless growth. The term also pops up in a wide range of academic articles and books. There are, for instance, discussions around the populist rise in late capitalism, the increase in financial-related investments in late capitalism, migration conditions in late capitalism, and so on. But what are the origins of this term? And what, exactly, does it mean?
The post We live in a time of ‘late capitalism’. But what does that mean? appeared first on Progress in Political Economy (PPE).
And he took John Durham down with him One of the most mysterious chapters of former Attorney General Bill Barr’s tenure at the Department of Justice got a little sunlight last week when the New York Times published a deeply reported piece on the Durham Investigation, Donald Trump’s “investigation of the Mueller investigation.” We knew that Special Counsel John Durham, a man whose reputation was one of seriousness and rectitude, had only brought two prosecutions but failed to win convictions in both. And we knew that there had been turmoil in his office with several people resigning at what seemed to be pivotal moments in the case. But, until now, we didn’t know the details — and they are explosive. The Times story, reported by Charlie Savage, Adam Goldman and Katie Benner, essentially reveals that the investigation which was supposed to blow the lid off of the Russia investigation by proving that it was a “partisan witch hunt,” was itself a witch hunt — only on behalf of Trump.
“Marie Kondo admits she has ‘kind of given up’ on extreme tidiness, [and] says her house ‘is messy’ … The organization guru, who popularized decluttering as a means to ‘spark joy,’ has changed her ways after welcoming her third child.” — People.com
To my mind, issuing consols as JP Koning suggests is the simple solution and to be preferred over the coin, which has no precedent and appears gimmicky. In addition, he points out that consols fir with existing Fed policy and operations whereas the coin does not.
However, my preferred solution would be for the president to order the treasury secretary to ignore the debt ceiling as contradicting previous legislation without repealing it. Then there is also the Fourteenth Amendment.
Short and worth a read in full.
MoneynessWhy I prefer perpetual/premium bonds to the platinum coin
JP Koning
Many of the accounts we hear of the current Russia-NATO conflict are deeply flawed. and risk degenerating into pure farce – a crude melodrama, in which an upright, democratic Ukrainian government headed by hero Zelensky is pitted against a corrupt and brutal autocracy led by the deluded ogre, Putin. What is really in question, is Continue reading »
The actions of Israeli Defence Force troops last Wednesday — entering the Jenin refugee camp and killing nine Palestinians — seemed inexplicable from the brief reports I heard on the ABC and SBS. The major Israeli newspaper Haaretz reported: “Three and a half months ago … a terrorist from the Shoafat refugee camp named Uday Continue reading »
But truth can set them free. George Pell’s funeral presents a problem for Australia’s Catholic bishops. They will be comfortable gathering to give their colleague his rightful requiem and final dismissal, according to the rights of the church. They will know, however, that as the Catholic community looks on it will be preoccupied by one Continue reading »
The Justice Secretary’s long and “dangerous” campaign to scrap the Human Rights Act was “pushed forward by parts of the media” smarting from privacy laws
So Laura Tingle, the ABC’s 7.30 political editor, has nominated for the staff-elected director position on the ABC board. Interesting. Outgoing SED (staff-elected director) is Dr Jane Connors, a social historian, broadcaster and editorial policies executive. Notably, within months of joining the board in 2018 for her statutory five year term, Connors found herself with other Continue reading »
In Ukraine and in other parts of the world, Western violence and supremacy has been abetted by its educated more than any other group. This has been clear for the history of the British Empire, one of the most violent to traverse the globe along with its offspring; even the warmongering and provocations of the Continue reading »
Scientific research shows that the environmental impacts of human civilisation have exceeded several planetary boundaries. To avoid societal collapse and to assist the transition to an ecologically sustainable civilisation, we must transition to a steady-state economy. Like Roger Beale, Michael Keating is reluctant to accept the scientific assessments of the threat to civilisation. Keating restates Continue reading »
Italian investigative journalist Stefania Maurizi reveals thousands of pages withheld and an unknown number destroyed The Crown Prosecution Service (CPS) under Keir Starmer and the Swedish Prosecution Authority (SPA) destroyed or hid thousands of pages of evidence showing their correspondence in pursuit of Wikileaks founder Julian Assange, an author and investigative journalist has found after […]
On the passing away of Luigi Pasinetti
Everyone at INET is deeply saddened to learn that Luigi Pasinetti has passed away. Professor Pasinetti was both a great economist and a friend of INET. His life and works are instructive at many levels, not least because, along with the very similar case of Joan Robinson, they highlight the rank partisanship of the Nobel Prize committee in economics. But that is a discussion for another day. For now, INET wants to express its heartfelt condolences to Professor Pasinetti’s wife Carmela and his family.
INET produced an extended video series with Dr. Pasinetti some years ago.
We also published an outstanding introduction to much of his work by Professor Joseph Halevi.
Steven Moffat has some high hopes for what Russell T. Davies can bring to the BBC & Disney+'s Doctor Who (but he's still not coming back).
Brian Beutler’s analysis is 100% correct: There’s a theory, popular among liberals, that most of politics is downstream from economics, where rising tides lifting all boats should also leave reactionaries treading water—yet America is booming and reactionaries are as emboldened as ever The center-left’s response to this unfortunate reality is to appeal to MAGA voters with manufacturing jobs and culture-war concessions and hope for the best But the best way to deradicalize the GOP isn’t indirectly by softening up its voters with better industrial policy; it’s directly, by making the party’s extremism and corruption a first order liability for all of its candidates BOOM AND GLOOM By certain measures, we’re living through a brighter morning in America than the younger half of the population has ever experienced. Not by all measures. There’s always a great deal of ruin in a nation, and ours is currently experiencing a decrease in life expectancy, excess death from a new endemic disease, the reversal of progress toward social equality on certain fronts, and very expensive eggs.
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So the IMF has come late to the transitory inflation party. What was obvious months ago is now at the forefront of IMF forecasts. Better late than never I suppose. It is becoming clear that most indicators are still not predicting a major demand-side collapse in most nations. Growth has moderated slightly and the forward indicators are looking up. At the same time, the inflation data around the world is suggesting the price pressures have peaked and lower inflation rates are expected. Real wages continue to fall, which means that the inflationary pressures were not being driven by wages. So no wage-price spiral mechanism at play. And PMI data and related indicators (such as shipping costs, etc) suggest the supply constraints which drove the inflationary pressures are easing. So has all this been the work of the interest rate rises imposed on nations by central bankers (bar Japan)? Not likely. The rising interest rates and falling inflation are coincidental rather than causal. Which means the damage to low income debt holders and the bank profits boom from the higher rates was for what?...
Data discrimination occurs when individuals or groups are treated unfairly because of characteristics or traits identified through the collection and analysis of their data. This can take many forms, such as denying individuals access to certain services or opportunities because of their race, gender, age, or other personal characteristics. Council’s should use technology to support […]
Make it stop! Even readers not “of a certain age” have seen the inescapable Medicare Advantage ads on TV promising seniors more health care for less. Why, they’ll even add money to your Social Security check every single month! It sounds too good to be true. You know why. Consumer complaints about the ads have doubled in just the last year, reports Forbes. A Senate committee found “evidence that beneficiaries are being inundated with aggressive marketing tactics as well as false and misleading information.” Congressman Mark Pocan, Democrat of Wisconsin and former co-chair of the congressional progressive caucus (CPC), has seen enough. He may be in the House minority, but he’s playing “the long game.” On Wednesday, he will reintroduce the Save Medicare Act aimed at reinforcing traditional Medicare. It may go nowhere this session, but he’s building support for when Democrats regain a House majority (The Guardian): The bill targets Medicare Advantage plans, which Pocan and his allies say the plans have turned into a cash grab for insurance companies.
The Prime Minister has still not published his tax returns – months after originally promised – triggering questions about what they may contain, reports Adam Bienkov
On this week’s Lever Time Premium: David is joined by Russell Brand to discuss his evolution from comedian to political content creator, and we interview the authors of Chokepoint Capitalism.