Category Archives: Labor

Sacrifice for Thee But None For Me

By Charles Hugh Smith Source: Of Two Minds The banquet of consequences for the Fed, the elites and their armies of parasitic flunkies and factotums is being laid out, and there won’t be much choice in the seating. Words can … Continue reading

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The Pandemic Is Accelerating Trends That Are Disrupting the Foundations of the Economy

By Charles Hugh Smith Source: Of Two Minds The problem is the economy that’s left has no means of creating tens of millions of jobs to replace those lost as the 1959 economic model collapses. Fundamentally, the economy of 2019 … Continue reading

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A Debt Jubilee Is the Only Way to Avoid a Depression

By Michael Hudson Source: The Unz Review Even before the coronavirus appeared, many American families were falling behind on student loans, auto loans, credit card balances and other payments. America’s debt overhead was pricing its labor and industry out of … Continue reading

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America’s Despair

By Vladimir Odintsov Source: New Eastern Outlook More and more people in the United States are feeling let down by American capitalism, and the population is being plunged into depression. This was the alarming conclusion reached by two researchers from … Continue reading

Posted in Corporate Crime, culture, Dystopia, Economics, elites, Empire, Financial Crisis, Health, Housing Crisis, Inequality, Labor, Oligarchy, Social Control, Social Engineering, society, Sociology, State Crime | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Data governance and the new frontiers of resistance

The 21st century corporation is using algorithmic-based intelligence to accumulate data on a massive scale. Social movements need to grasp this change quickly. By Anita Gurumurthy and Nandini Chami Source: ROAR Four centuries after the East India Company set the … Continue reading

Posted in culture, Dystopia, Economics, elites, Environment, Inequality, Labor, media, Neoliberalism, Oligarchy, Social Control, Social Engineering, society, Sociology, surveillance state, Technocracy, Technology | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Omens, Portents, Karma and the Mandate of Heaven

By Charles Hugh Smith Source: Of Two Minds The question of legitimacy isn’t limited to China. what makes humans unique among social mammals? Some say humor, I would nominate superstition: regardless of how hard we promote our rationality and logic, humanity … Continue reading

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Costs Are Spiraling Out of Control

By Charles Hugh Smith Source: Of Two Minds And how do we pay for these spiraling out of control costs? By borrowing more, of course. If we had to choose one “big picture” reason why the vast majority of households … Continue reading

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Get Ready For An Economic Wake-Up Call This Holiday Season

By Brandon Smith Source: Alt-Market.com If we are to measure the concept of “economic recovery” in real terms, then we would have to look at the fundamentals (not stock markets) and whether or not they’re improving. Unfortunately, not all economic … Continue reading

Posted in Consumerism, Corporate Crime, Corporate Welfare, Corruption, culture, Economics, elites, Financial Crisis, Inequality, Labor, Neoliberalism, Oligarchy, propaganda, Social Control, Social Engineering, society, Sociology, Work | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment