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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
Posted in Authoritarianism, Corporate Crime, Corporate Welfare, Corruption, culture, Economics, elites, Empire, Financial Crisis, Labor, news, Oligarchy, Recession, Social Control, Social Engineering, society, Sociology, State Crime
Tagged Cartels, economic crisis, Economics, elites, empire, Federal Reserve, Financial Colllapse, Financialization, Globalization, Job security, Middle Class, Monopolies, Oligarchy, purchasing power, Roman Empire, Sacrifice, social mobility
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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
Posted in Corporate Crime, culture, Economics, education, elites, Financial Crisis, Health, Labor, Neoliberalism, news, Oligarchy, Recession, Social Control, Social Engineering, society, Sociology, State Crime, Work
Tagged coronavirus, Covid-19, Economic Collapse, Economics, Education, financial crisis, Financialization, healthcare, Pandemic, Peter Drucker, Stock Market, unemployment
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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
Posted in culture, Economics, Financial Crisis, History, Inequality, Labor, Oligarchy, Recession, Social Engineering, society, Sociology
Tagged coronavirus, Covid-19, Debt, Debt Jubilee, Economic Collapse, Economics, financial crisis, Gospel of Luke, Labor, Poverty, recession, society, unemployment, yobel
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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 Alcoholism, American wages, Angus Deaton, Anne Case, capitalism, deaths of despair., Debt, declining life expectancy, depression, despair, drug addiction, economic inequality, Economics, financial crisis, Great Recession, Homelessness, opioid crisis, painkillers, Suicides, unemployment, United States
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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 algorithmic optimization, Amazon, artificial intelligence, Big Tech, capitalism, Commodification, Corporatization, corporatocracy, data capital, data dispossession, digital platforms, Dystopia, Economics, environment, Financialization, Global South, Intelligencification, intelligent corporation, Labor, Monopolies, neo-colonialism, Neoliberalism, Technocracy, technology, Uber, Wealth Concentration
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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
Posted in Authoritarianism, consciousness, Corruption, culture, Economics, elites, Empire, Environment, Health, Inequality, Labor, Oligarchy, Psychology, society, Sociology, State Crime
Tagged Corruption, culture, Debt, Economics, environment, Exploitation, Government, Karma, Michael Snyder, natural disasters, Plagues, political disenfranchisement, self-aggrandizement, society, Superstition, Viruses, Wealth Inequality
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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
Posted in Corporate Crime, Corruption, culture, Economics, education, elites, Financial Crisis, Health, Inequality, Labor, Social Control, Social Engineering, society, Sociology, Work
Tagged anti-trust, asset inflation, Cartels, central banks, Debt, Economic Collapse, Economics, Education, financial crisis, healthcare, Housing, Housing Bubble, Labor, Monopolies, Student loan debt, Wage Stagnation, Wages, Work
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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 Bankruptcy, china, Consumer Debt, consumer demand, Corporate Globalization, Corporate Welfare, Economic Bubble, Economic Crash, Economics, Exports, financial crisis, Germany, Global Economy, global manufacturing, Japan, manufacturing jobs, Oligarchy, price inflation, retail sales growth, South Korea, Tariffs, Tax Cuts, Trade War, US Economy
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