The dismal science Archives | naked capitalism

Is Capitalism Falling Out of Favor? We Analyzed 400,000 News Stories to Find Out

On the fundamental flaws in a study meant to assess the popularity, or lack thereof, of capitalism in the US.

Weaponizing the US Dollar. Can It Work?

Michael Hudson refines and extends recent discussions on the future of the dollar, particularly under Trump, and finance-dominated capitalism

UK Economy Falters as Pound Sterling Continues to Slide

Sustained neoliberalism is exacting a toll on the UK via currency wobbles and reluctance to raise rates in the face of budget pressures.

How Is It That xAI’s (Naïve) Grok Does Not Reveal that xAI is a Public Benefit Corporation?

Lambert annotates a Grok transcript.

The One-in-a-Thousand-Day Problem

AI’s ability to handle complexity and respond rapidly means future crises are likely to be much more sudden and vicious than those we have experienced so far.

Why Do We Have a Mental Health Crisis?

Why neoliberalism is a major cause of mental health problems.

Michael Hudson: Foreward on Schurtz’s Origins of Money

Michael Hudson explains how Heinrich Schurtz’s 1897 Origins of Money debunked neoclassical fables about how money started and developed.

It Is Possible to Have a Flat Tax, or to Have Democracy, but Not Both

Why a flat tax is yet another scheme to further enrich the rich and weaken the political power of ordinary citizens.

Rebooting Antitrust’s Economic Theory to Focus on Social Welfare

New Brandesians oppose the flawed mainstream antitrust “consumer welfare” theory. A social welfare standard would be even better

The Increasing Cost of Buying American

Looking at the costs versus purported benefits of programs that require or encourage Federal agencies to purchase American products.

Civil Society, Beyond Markets and States: Tracking 100 Years of Economic Research

A substantial shift in the focus of economic research over the last half century has for the most part gone unnamed and unnoticed. This is the turn towards what we call civil society, including firms as organisations, families, neighbourhood communities, NGOs, trade unions, social movements, identity groups, and other face-to-face settings.

Fearless commentary on finance, economics, politics and power

Category Archives: The dismal science

Weaponizing the US Dollar. Can It Work?

UK Economy Falters as Pound Sterling Continues to Slide

How Is It That xAI’s (Naïve) Grok Does Not Reveal that xAI is a Public Benefit Corporation?

The One-in-a-Thousand-Day Problem

Michael Hudson: Foreward on Schurtz’s Origins of Money

Rebooting Antitrust’s Economic Theory to Focus on Social Welfare

The Increasing Cost of Buying American

Civil Society, Beyond Markets and States: Tracking 100 Years of Economic Research

Bad Samaritans in Foreign Aid

The New Economy and the Tariffs and Tax Breaks to Launch It

Industrial Policy: Lessons from China’s Shipbuilding

Tip Jar