Yanis Varoufakis: Europe’s 15-Year Slump
The survival of the euro has come at the cost of Europe’s permanent stagnation and continuing fragmentation
Read more...Category Archives: Income disparity
Rich Nations, IMF Deepen World Stagnation
With the Fed raising interest rates, IMF surcharges worsen debt distress in the global South, increasing poverty worldwide.
Read more...Why Does Germany Continue to Self-Destruct?
German elites run up the tab, but the country’s working class is largely stuck with the bill. An attempt to understand why Germany cannot or will not reverse course.
Read more...Tips Tricks Dampen Delivery Worker Celebration of New $18-an-Hour Wage
Delivery platforms DoorDash and UberEats immediately retaliated against a NYC-madated wage increase by redoing their apps to undermine tips.
Read more...The Debate Over Restricting Immigration
The Republicans look serious about restricting immigration or at least rolling back recent Biden moves. But are there any sound approaches?
Read more...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...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...The Etymologies of Capital, Capitalist, and Capitalism: A Brief Sketch
How English added capital, capitalist, and capitalism to its word hoard.
Read more...Why Did Argentina Elect a Right-Wing Non-Establishment Extremist?
More on the truly wacky new president of Argentina, Javier Milei who nevertheless may get some of his bad ideas implemented.
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...Extra Fees Drive Assisted Living Profits
Assisted living facilities have become one of the most lucrative branches of the long-term care industry that caters to people 65 and older. Investors, regional companies, and international real estate trusts have jumped in.
Read more...Quelle Surprise! Fast Fashion Exploits Poor Workers; Industry Engages in Empty Virtue-Signalling
Don’t believe the fashion industry’s stated commitment to support a living wage for Bangladesh’s garment workers.
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
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