Tag Archives: Economics

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

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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

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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

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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

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Jacques Ellul: A Prophet for Our Tech-Saturated Times

Read his works to understand how we’ve been caught in technology’s nightmarish hold. By Andrew Nikiforuk Source: The Tyee By now you have probably read about the so-called “tech backlash.” Facebook and other social media have undermined what’s left of … Continue reading

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What Are We Working For? The Economic System is a Labyrinthine Trap

By Edward Curtin Source: Global Research One also knows from his letters that nothing appeared more sacred to Van Gogh than work.” – John Berger, “Vincent Van Gogh,” Portraits Ever since I was a young boy, I have wondered why people … Continue reading

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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

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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

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