Category Archives: The destruction of the middle class

Michael Hudson on Truth Jihad Radio Discussing Super Imperialism, Rentierism, and the American Political Duopoly

Michael Hudson gives a wide-ranging talk, including American policy in the post-war era, how economics ignores debt, and class warfare.

Read more...

An Increase in Interest Rates Would Be An Act of Class Warfare

While increasing interest rates to combat this inflation is bone-headed, the Fed has long wanted to be out of super low rate terrain.

Read more...

McKinsey, the Force Multiplier for the Opioid Crisis, Goes All in With Anti-Public-Health Messaging on Covid

This is Naked Capitalism fundraising week. 612 donors have already invested in our efforts to combat corruption and predatory conduct, particularly in the financial realm. Please join us and participate via our donation page, which shows how to give via check, credit card, debit card, or PayPal. Read about why we’re doing this fundraiser,, what […]

Read more...

Hubert Horan: Can Uber Ever Deliver? Part Twenty-Eight: Uber Still Unprofitable, But Reduces Losses by Squeezing Drivers and Restaurants

The latest update: the financial media continues to parrot management falsehoods about Uber results and there is still no path to profit.

Read more...