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Tag Archives: Financialization
Economic effect of coronavirus could be revolutionary
By Paul Craig Roberts Source: Intrepid Report Coronavirus and globalism will teach us vital lessons. The question is whether we can learn vital lessons that do not serve the ruling interest groups and ideologies. Coronavirus will teach us that a … Continue reading
Posted in Corporate Crime, Corruption, culture, Dystopia, Economics, elites, Financial Crisis, Health, Inequality, Neoliberalism, news, Oligarchy, Recession, society, Sociology
Tagged bernie sanders, Big Pharma, coronavirus, Corporate Crime, Corporate Globalization, Debt, debt-forgiveness, Economic Collapse, Economics, elites, financial crisis, Financialization, Globalism, Health Care, Michael Hudson, national health care system, nationalization, Oligarchy, Public Health, Socialism, society, wall street
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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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Neoliberal Economics Destroyed the Economy and the Middle Class
By Paul Craig Roberts Source: PaulCraigRoberts.com According to official US government economic data, the US economy has been growing for 10.5 years since June of 2009. The reason that the US government can produce this false conclusion is that costs … Continue reading
Posted in Corporate Crime, Corporate Welfare, Corruption, culture, Economics, elites, Empire, Financial Crisis, imperialism, Inequality, Neoliberalism, Oligarchy, Recession, Social Control, Social Engineering, society, Sociology, State Crime
Tagged capitalism, Consumerism, Debt, Economic Collapse, economic inequality, Economics, Federal Reserve, financial crisis, Financialization, financialized economy, GDP, income gap, International Finance Corporation, Michael Hudson, Neoliberalism, US Department of Commerce, Wage Stagnation, Wealth Disparity, World Bank
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Now That We’ve Incentivized Sociopaths–Guess What Happens Next
By Charles Hugh Smith Source: Of Two Minds As long as central banks create and distribute trillions in conscience-free credit to conscience-free financiers and corporations, the incentives for sociopathy only increase. “Sociopath” is a word we now encounter regularly in … Continue reading
Posted in Corporate Crime, Corruption, culture, Economics, elites, Financial Crisis, Oligarchy, Psychology, Social Control, Social Engineering, society, Sociology, Technology
Tagged corporatocracy, culture, Economic Crash, Economics, elites, Federal Reserve, financial crisis, Financialization, IPOs, Netflix, Oliogarchy, Plutocracy, psychology, psychopaths, Sherlock Holmes, society, Sociology, sociopaths, Steve Jobs, WeWork
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The Unraveling Quickens
By Charles Hugh Smith Source: Of Two Minds Even if we don’t measure the erosion of intangible capital, the social and political consequences of this impoverishment are manifesting in all sorts of ways. The central thesis of my new book … Continue reading
Posted in Corporate Crime, culture, Economics, elites, Financial Crisis, Inequality, Neoliberalism, Recession, Social Engineering, society, State Crime
Tagged 1%, culture, economic inequality, Economics, elites, financial crisis, Financialization, income gap, Inflation, Over-speculation, Precariat, recession, social disorder, society, Wages, Wealth, Wealth Disparity
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Amazon and Apple: Wall Street’s Trillion Dollar Babies
By Dean Baker Source: CounterPunch Last month Amazon joined Apple, becoming the second company in the world to have a $1 trillion market capitalization. Amazon’s accomplishment didn’t cause quite as much celebration as Apple’s – it pays to be number … Continue reading
Posted in Corporate Crime, culture, Economics, elites, Financial Crisis, Inequality, media, Oligarchy, society, Technology
Tagged Amazon, Apple, big data, capitalism, corporatocracy, Economics, financial crisis, Financialization, Jonas Salk, Oligarchs, Oligarchy, Plutocracy, Polio, Silicon Valley, Smoking, Stock Market, Tax Evasion, wall street
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For Economic Truth Turn To Michael Hudson
By Paul Craig Roberts Source: PaulCraigRoberts.org Readers ask me how they can learn economics, what books to read, what university economics departments to trust. I receive so many requests that it is impossible to reply individually. Here is my answer. … Continue reading
Posted in Corporate Crime, culture, Economics, elites, Environment, Financial Crisis, Labor, Neoliberalism, Privatization, Social Control, Social Engineering, society, Work
Tagged austerity, capitalism, Classical Economics, Debt, Economic Rent, Economics, elites, environment, External Costs, financial crisis, Financialization, J Is for Junk Economics, Michael Hudson, Natural Resources, Neoliberalism, privatization, Supply-side Economics, Taxes, unemployment
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What’s Wrong with the Economy: 9 Toxic Dynamics
By Charles Hugh Smith Source: Of Two Minds These nine dynamics are mutually reinforcing. Beneath the surface signals of an eternally rising stock market and expanding GDP, we all sense something is deeply, systemically wrong with the U.S. economy. These … Continue reading
Posted in Corporate Crime, culture, Economics, elites, Financial Crisis, Inequality, Labor, Neoliberalism, Social Control, Social Engineering, society, Work
Tagged Asset Bubbles, Economic Collapse, Economic Growth, economic inequality, Economics, elites, financial crisis, Financialization, Fossil Fuels, Globalization, income gap, Labor, Over-speculation, Stock Market, technology, US Economy, wall street, Wealth Concentration, Wealth Disparity
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