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Category Archives: Financial Crisis
Saker interview with Michael Hudson on Venezuela, February 7, 2019
By The Saker and Michael Hudson Source: The Saker Introduction: There is a great deal of controversy about the true shape of the Venezuelan economy and whether Hugo Chavez’ and Nicholas Maduro’s reform and policies were crucial for the people of … Continue reading
Posted in black ops, CIA, culture, Economics, Empire, Energy, Financial Crisis, Geopolitics, History, imperialism, Neoliberalism, news, State Crime
Tagged Big Oil, china, Citgo, Debt, Economics, empire, EU, geopolitics, Gold, Hugo Chavez, IMF, imperialism, Iran, Latin America, Michael Hudson, NATO, Neoliberalism, Nicolas Maduro, Russia, U.S. oil industry, US Foreign Policy, venezuela, World Bank
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The Erosion of the Middle Class — Why Americans Are Working Harder and Earning Less
By John Liberty Source: The Mind Unleashed “I don’t have to tell you things are bad. Everybody knows things are bad. It’s a depression. Everybody’s out of work or scared of losing their job. The dollar buys a nickel’s worth, … Continue reading
Posted in Corporate Crime, culture, Dystopia, Economics, elites, Empire, Financial Crisis, Health, Housing Crisis, Inequality, Labor, Neoliberalism, Oligarchy, Recession, Social Control, Social Engineering, society, Sociology, State Crime, Work
Tagged American Dream, Corporations, economic inequality, Economics, elites, financial crisis, healthcare, Income Disparity, Labor, Middle Class, Minimum Wage, Poverty, Power, recession, Wage Stagnation, Wages, Wealth Concentration, Wealth Gap, Welfare
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The Five Stages of Collapse, 2019 Update
By Dmitry Orlov Source: Club Orlov Collapse, at each stage, is a historical process that takes time to run its course as the system adapts to changing circumstances, compensates for its weaknesses and finds ways to continue functioning at some … Continue reading
Posted in Authoritarianism, conditioning, culture, Dystopia, Economics, elites, Financial Crisis, Geopolitics, History, Recession, Social Control, Social Engineering, society, Sociology
Tagged Collapse, Commercial Collapse, Cultural Collapse, culture, Dystopia, Economic Collapse, Economics, financial crisis, Free Market, Political collapse, Social Collapse, society, US Dollar
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Prices, plutocrats, and corporate concentration
Would less corporate concentration – and a weaker corporate capacity to raise prices – mean less inequality? By Sam Pizzigati Source: Nation of Change Andrew Leigh, a member of the Australian parliament, has a side gig. He just happens to … Continue reading
Posted in Corporate Crime, corporate news, culture, Economics, elites, Financial Crisis, Inequality, Labor, Law, Neoliberalism, Oligarchy, Social Control, Social Engineering, society, Sociology, Work
Tagged Andrew Leigh, antitrust, Cartels, Corporate Concentration, economic inequality, Economics, elites, financial crisis, Income Inequality, Monopolies, Neoliberalism, Oligarchy, Pay Ratio, Plutocracy, Wealth Concentration, Wealth Disparity
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Degrowth: closing the global wealth divide
Contradicting the dominant paradigm that economic growth equals development, degrowth theorists argue that serious cutbacks are crucial to protect life on our planet. By Riccardo Mastini Source: ROAR Today, some 4.3 billion people — more than 60 percent of the … Continue reading
Posted in Consumerism, Corporate Crime, culture, Dystopia, Economics, elites, Empire, Energy, Environment, Financial Crisis, Geopolitics, History, imperialism, Inequality, Neoliberalism, NGOs, Oligarchy, Privatization, Social Control, Social Engineering, society, Sociology, State Crime
Tagged capital flight, Climate Change, Colonialism, Consumerism, Consumption, Corporate Globalization, Degrowth, developing countries, Development, economic inequality, Economics, global development, Global Footprint Network, Global North, Global South, Globalization, Growth, Human Population, IMF, Jason Hickel, Multinational Corporations, Natural Resources, NGOs, Poverty, Progress, Sustainability, The Divide, The Divide: A Brief Guide to Global Inequality and Its Solutions, Trade Agreements, trade misinvoicing, World Bank
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“It’s Crucial to Break Up Facebook”
By Asher Schechter Source: ProMarket Four decades ago, writes Tim Wu in the introduction to his recent book The Curse of Bigness, the United States and other countries entered into a sweeping experiment that radically transformed their economies and politics. … Continue reading
Posted in Authoritarianism, Corporate Crime, culture, Economics, elites, Financial Crisis, Neoliberalism, Oligarchy, society
Tagged antitrust, Cartels, Corporate Globalization, economic inequality, Economics, fascism, Free Market, Gilded Age, Louis Brandeis, Monopolies, Oligarchy, Plutocracy, The Curse of Bigness, Tim Wu, wall street, Wealth Concentration
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The Recession Will Be Unevenly Distributed
By Charles Hugh Smith Source: Of Two Minds Those households, enterprises and organizations that have no debt, a very low cost basis and a highly flexible, adaptable structure will survive and even prosper. The coming recession will be unevenly distributed, … Continue reading
Posted in Corporate Crime, Corruption, culture, Dystopia, Economics, elites, Empire, Financial Crisis, Labor, Neoliberalism, Oligarchy, Social Control, Social Engineering, society, Sociology, Technology, Work
Tagged Bureaucracy, Corruption, Debt, Deficit, Economic Collapse, Economics, elites, financial crisis, Ratchet Effect, recession, Tech Industry
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National Bankruptcy as a Board Game
By Dmitry Orlov Source: Club Orlov Most people are familiar with the game Monopoly. Its goal is to teach capitalist kiddies a valuable lesson about capitalism; namely, that in running a business it isn’t useful to shoot for some happy … Continue reading
Posted in Corporate Crime, Corporate Welfare, Corruption, culture, Deep State, Economics, Empire, Financial Crisis, Geopolitics, imperialism, Militarization, military spending, Social Control, Social Engineering, society, State Crime, war, wasted taxpayer dollars
Tagged Bankruptcy, capitalism, Cartels, china, Economic Collapse, Economics, Energy, financial crisis, geopolitics, Interest Rates, Labor, military spending, Monopoly, national debt, Russia, Walmart, war
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