Category Archives: neofeudalism

Long, hot summer

  Conventional wisdom has it that an armed revolt would stand no chance against the US military with its tanks and jet fighters. But is that true? Civil wars, for starters, are not like conventional conflicts. They are messy affairs … Continue reading

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Looting Opportunity

  We don’t do competent governance anymore. Everything is simply a looting opportunity. There are clusters of competence, of course, but they are overwhelmed by incompetence, corruption and callous disregard for anyone who isn’t wealthy or powerful. The elites have … Continue reading

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Financial Feudalism

  The Wall Street Crash of 2008, the bailout, and the Fed’s Quantitative Easing (QE) intensified inequality in America. And now they’re getting the band back together. Behind all the focus on the human toll of the pandemic there are quiet … Continue reading

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Life During Wartime

  I feel like I’m an extra in a science fiction movie lately, where every new day brings more crazy news. It’s like we’re all being overtaken by events. I keep coming back to the old Chinese proverb–May you live … Continue reading

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Market Stalinism

  I’ve come to believe that Friedrich von Hayek was projecting when he claimed that socialism would usher in The Road to Serfdom, when in reality the road to serfdom has been paved by 21st century capitalism as embodied and … Continue reading

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No Illusions

  I’ve been getting a lot of pushback from liberal friends about my disdain for Democrats. “You’re helping Trump,” with your criticism of the blue team, they tell me. Let me be clear–I’ve come to despise the tribalism that passes … Continue reading

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Not a bug but a feature

  The 2020 election is set to be a barnburner with over a dozen Democratic challengers lining up to take a shot at Trump. With that in mind this article by neoliberal economist Brad DeLong caught my eye. DeLong, who … Continue reading

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Socialism for thee but not for me

  Trump appears to have found the theme for his 2020 presidential campaign–Socialism is bad!!! “We are alarmed by the new calls to adopt socialism in our country,” said President Donald Trump in his State of the Union address. “Tonight, … Continue reading

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Pity the Billionaire

  If the billionaires that are presently building hidey-holes in New Zealand want to help their cause they should bring back Noblesse oblige. Seriously, they could save a lot of money, which seems to be the raison d’être for billionaires. Notice how … Continue reading

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PayGo

  PayGo is bad economics and bad politics, but naturally it was the first order of business for the newly elected Democratic Speaker of the House–Nancy Pelosi. Despite resistance from progressive Democrats, the House rules package for the 116th Congress will … Continue reading

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