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Tag Archives: Financialization
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
Posted in Consumerism, Corporate Crime, Corruption, culture, Dystopia, Economics, education, elites, Empire, Financial Crisis, Health, Inequality, Oligarchy, Social Control, Social Engineering, society, Sociology, State Crime
Tagged central banks, Consumerism, economic bubbles, Economic Collapse, Economics, Education, financial crisis, Financialization, Health Care, Oligarchy, Samo Burja, society, Why Civilizations Collapse
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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
Posted in Authoritarianism, Corporate Crime, culture, Dystopia, Economics, elites, Empire, Financial Crisis, Inequality, Oligarchy, Recession, Social Control, Social Engineering, society, Sociology, State Crime, Technocracy
Tagged Democracy, Dystopia, economic inequality, Economics, elites, empire, Federal Reserve, financial crisis, Financialization, Globalization, Kleptocracy, Oligarchy, Plutocracy, Technocracy, Wealth Disparity
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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
Posted in Authoritarianism, Corporate Crime, Corporate Welfare, culture, Economics, elites, Empire, Environment, Financial Crisis, Geopolitics, Health, Neoliberalism, news, Social Control, Social Engineering, society, Sociology, State Crime, Technocracy
Tagged Agribusiness, Behavioural Insights Team, Commodification, Covid-19, Economics, environment, Financialization, Global Warming, greenwashing, Jason Hickel, Microsoft, Technocracy, UNFSS, WTO
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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 Asset Bubbles, Big Tech, Economic Collapse, economic inequality, Economics, elites, everything bubble, Federal Reserve, financial crisis, Financialization, Gig Economy, Globalization, healthcare, Homelessness, Housing Crisis, Labor, Oligarchy, Plutocracy, Poverty
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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 capitalism, decapitalization, Economic Collapse, economic inequality, Economics, elites, Federal Reserve, financial crisis, Financialization, Labor, middleclass, Monopoly, Oligarchy, Plutocracy, Productivity
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The Top 10%’s Bubble Is About to Burst
By Charles Hugh Smith Source: Of Two Minds When the top 10%’s bubble pops in 2021, the loss of illusions/delusions of security and wealth will be shattering to all those who believed artifice and illusory “wealth” were real. A great … Continue reading
Posted in Corporate Crime, Corruption, culture, Dystopia, Economics, elites, Financial Crisis, Inequality, Neoliberalism, Oligarchy, Recession, Revolution, Social Control, Social Engineering, society, Sociology, State Crime, Technocracy
Tagged asset deflation, Dystopia, economic bubbles, Economic Collapse, economic inequality, Economics, elites, Federal Reserve, financial crisis, Financialization, Globalization, Income Inequality, Meritocracy, Neoliberalism, Oligarchy, Technocracy
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“The Great Reset” Already Happened
By Charles Hugh Smith Source: Of Two Minds Put another way: the elites have cannibalized the system so thoroughly that there’s nothing left to steal, exploit or cannibalize. The global elites’ techno-fantasy of a completely centralized future, The Great Reset, is … Continue reading
Posted in Corporate Crime, culture, Dystopia, Economics, elites, Empire, Financial Crisis, Neoliberalism, Oligarchy, Recession, Social Control, Social Engineering, society, State Crime, Technocracy, Technology
Tagged Economic Collapse, Economics, Federal Reserve, financial crisis, Financialization, Global Elites, Globalization, gold standard, Neoliberalism, Oligarchy, Plutocracy, Technocracy, The Great Reset, trade deficits
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Desultory Heroics 