Category Archives: Economics & Money
The Economy Should Serve People. Not Vice Versa. A simple shift in perspective can eradicate our taste for austerity. HAMILTON NOLAN – AUGUST 22, 202 Consider what typically constitutes, “good” economic news: The stock market booming. Corporate earnings rising. Business … Continue reading
AUGUST 12, 2022 Talking Sense About “A New American Civil War” RICHARD E. RUBENSTEIN For some time, people who analyze social conflicts have been watching the growth of political and cultural polarization in the U.S. with more than a little … Continue reading
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Tagged capitalism, civil war, political violence, rigged system
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The End of Western Civilization
THE COLLAPSE OF MODERN CIVILIZATION AND THE FUTURE OF HUMANITY. By Michael Hudson Paper presented on July 11, 2022 to The Ninth South-South Forum on Sustainability. The greatest challenge facing societies has always been how to conduct trade and credit … Continue reading
Rising Interest Rates May Blow Up The Federal Budget
Rising Interest Rates May Blow Up The Federal Budget – OpEd By Jeff Deist – July 4, 2022 In fiscal year 2020, at the height of covid stimulus mania, Congress managed to spend nearly twice what the federal government raised … Continue reading
TThe Fed’s Austerity Program to Reduce Wages
The Fed’s Austerity Program to Reduce Wages By Michael Hudson Sunday, June 19, 2022 To Wall Street and its backers, the solution to any price inflation is to reduce wages and public social spending. The orthodox way to do this … Continue reading
Financial Manipulation and Inequality Keep Rising
Financial Manipulation and Inequality Keep Rising Capitalism Working as Intended by Pete Dolack – June 26, 2022 Many well-meaning people lament that our economic system is “not working.” But that isn’t true if we apply some historical context. What has … Continue reading
It’s About the Money
It’s about the money Posted on December 10, 2020 by Jeff Money is the measure of value for humans; the only measure of value in our neoliberal, global culture. This was decided not by God, nor gods nor by natural … Continue reading
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