Tag Archives: Financialization

Calm Before the Tempest?

By Charles Hugh Smith Source: Of Two Minds Let’s start by stipulating the obvious: no one knows the future, and most of the guesses–oops, I mean forecasts–will be wrong. Arguing about the forecasts now won’t make any difference as to which ones … Continue reading

Posted in Consumerism, Corporate Crime, culture, Economics, Financial Crisis, news, Social Control, Social Engineering, society, Sociology, State Crime | Tagged , , , , , , , , | 2 Comments

Is Housing a Bubble That’s About to Crash?

By Charles Hugh Smith Source: Of Two Minds Are we heading into another real estate bubble / crash? Those who say “no” see the housing shortage as real, while those who say “yes” see the demand as a reflection of the … Continue reading

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

Can a Nation Prosper as its Institutions Fail?

By Charles Hugh Smith Source: Of Two Minds Economists focus on what can be easily measured: sales, profits, prices, tax revenues, etc. Since the decay and failure of institutions isn’t easily quantified, this decay doesn’t register in the realm of economics. Since it … Continue reading

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The Real Threat to Democracy is Corrupting Wealth Inequality

By Charles Hugh Smith Source: Of Two Minds Imagine a town of 1,000 adults and their dependents in which one person holds the vast majority of wealth and political influence. Would that qualify as a democracy? Now imagine that 100 of … Continue reading

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Saving Capitalism or Saving the Planet? 

By Colin Todhunter Source: Dissident Voice The UK government’s Behavioural Insights Team helped to push the public towards accepting the COVID narrative, restrictions and lockdowns. It is now working on ‘nudging’ people towards further possible restrictions or at least big … Continue reading

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America’s Bottom 50% Have Nowhere To Go But Down

By Charles Hugh Smith Source: Of Two Minds One might anticipate that the bottom 50%’s meager share of the nation’s exploding wealth would have increased as smartly as the wealth of the billionaires, but alas, no. America’s economy has changed … Continue reading

Posted in Corporate Crime, Corporate Welfare, culture, Dystopia, Economics, elites, Financial Crisis, Health, Housing Crisis, Inequality, Labor, Neoliberalism, Oligarchy, Social Control, Social Engineering, society, Sociology, State Crime, Technocracy, Work | Tagged , , , , , , , , , , , , , , , , , , | 1 Comment

The Raging Twenties: A New Map of Dystopia

Pepe Escobar’s new book Raging Twenties: Great Power Politics Meets Techno-Feudalism tells the story of a new phase of the U.S. empire. By Pepe Escobar Source: Consortium News The Raging Twenties started with a murder: a missile strike on Gen. Soleimani at … Continue reading

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The Top 10% Is Doing Just Fine, The Middle Class Is Dying on the Vine

By Charles Hugh Smith Source: Of Two Minds Please study these charts as a means of understanding the inevitability of economic stagnation and a revolt of the decapitalized middle class. I’ve been covering the decline of America’s middle class for … Continue reading

Posted in Corporate Crime, Corporate Welfare, Corruption, culture, Economics, elites, Financial Crisis, Housing Crisis, Inequality, Labor, Oligarchy, Social Control, Social Engineering, society, State Crime | Tagged , , , , , , , , , , , , , , | 1 Comment