Free markets and their discontents

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The Saker Interviews Michael Hudson

Yves here. Michel Hudson, in this short talk with The Saker, debunks many widespread misperceptions about the dollar, the US economy, and the prospects for fundamental change. I have only a couple of teeny quibbles and a further thought. Hudson discusses private equity buying up single family homes. While that was a very big trend […]

The Era of Cheap Renewables Grinds To A Halt

Published by Anonymous (not verified) on Wed, 26/01/2022 - 4:07pm in

Long-discussed concerns about environmental costs and overall supplies of critical inputs to renewables are finally starting to materialize.

It’s Time to Expand the COVID-19 Exception to All American Health Care

Published by Anonymous (not verified) on Wed, 26/01/2022 - 1:55am in

The Feds throwing money at some parts of Covid care is arguably a precedent to build on. But the US is not exceptional that way.

How Inequality Leads to Industrial Feudalism

How highly unequal asset ownership diminishes social mobility and institutionalizes modern-era feudalism.

Rorschach Test: Revealing Western Press Reactions to Xi Jinping Speech at Davos

Published by Anonymous (not verified) on Wed, 19/01/2022 - 10:34pm in

Xi Jinping gave an important speech at Davos, even if it was mainly updates on favorite themes. But the press reactions.....

5 Things You Should Know About ‘Free’ At-Home Covid Tests

Published by Anonymous (not verified) on Wed, 19/01/2022 - 10:26pm in

The Covid free test program isn't really.

Fable of the Squirrels: New Research on Wealth Inequality Among Animals Sparks Debate on Human Economies

Published by Anonymous (not verified) on Wed, 19/01/2022 - 10:00pm in

Studies of beasts that pass on wealth, um, resources and advantages to offspring may inform whether humans create stratified conditions.

Rentier Capitalism and Class Warfare in Kazakhstan

Blame Kazakhstan ‘free’ market reforms that benefit the rich and powerful at the expense of the working class for recent protests.

Unredacted Antitrust Complaint Shows Google’s Ad Business Even Scummier than Many Imagined

Published by Anonymous (not verified) on Mon, 17/01/2022 - 10:08pm in

Even more ugly details about Google misbehavior in the online ad market.

The ‘China Shock’ of Trade in the 2000s Reverberates in US Politics and Economics

Published by Anonymous (not verified) on Sat, 08/01/2022 - 1:55am in

Belatedly learning from how trade losses to China damaged communities to determine how to shore them up.