Category Archives: Economic fundamentals

Imperialism Then and Now: Drain of Wealth, Depression, The Role of the State and Globalization

Yves here. This is the second section of the GPENewdoc historical series on imperialism and capitalism. You can find Part 1 here. By Lynn Fries. Originally published at GPENewsdocs Prabhat Patnaik explains how the colonial system led to depression. Then, in advanced countries governments stepped in to increase demand and productivity, but how unless the […]

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Hubert Horan: Can Uber Ever Deliver? Part Twenty-Six: With No Hope of Real Profits, Uber and Lyft Double Down on Fake Profit Metrics

Uber continues to hemorrhage cash and rack up impressive negative operating margins, yet the press eats up its accounting misdirection.

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