Category Archives: neofeudalism

Concentrated

  Amazon’s takeover of Whole Foods has raised alarms about economic concentration. No corporation epitomizes monopoly better than Amazon, who’s business model is predicated on losing money with their super-low prices in order to capture market share. Their dominant position then … Continue reading

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We Live in a Political World

  Why hasn’t a left-wing populist party arisen in the US in the wake of the Wall Street crash and bail-out by the government? Why have labor unions, environmentalists, racial and ethnic minorities not created an alternative to the fully … Continue reading

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Washington Generals (Part 2)

  How can the Democratic Party effectively oppose Trump and get back into power after they’ve lost over a thousand seats nation-wide since 2008? Oh, I know. Maybe former Vice-President Joe Biden, a Democrat, can show up at a swanky Deer … Continue reading

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A Tale of Two Countries

  “It was the best of times, it was the worst of times…” When Charles Dickens wrote the opening lines of A Tale of Two Cities it was in reference to London and Paris during the French Revolution, but his epochal depiction … Continue reading

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It’s the economy, stupid

  In retrospect it seems obvious, but political scientist Corey Robin argues that Bernie Sanders did so well in the 2016 presidential election because he’s the first Democrat in forever to offer a trenchant political analysis of the US economy. … Continue reading

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The Flight to Serfdom

  Neoliberal economist Friedrich Hayek wrote  The Road to Serfdom, in 1944, where he warned of totalitarian governments terrorizing their citizens. Hayek’s dystopian vision is upon us, only instead of totalitarian governments it’s all-powerful corporations like United Airlines that we … Continue reading

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N is for Neofeudalism

  Everything that was old is new again. Take feudalism, it’s making a comeback. The US economy is trending towards wage bondage and economic polarization, with an all-American debt peonage that I’ve come to call neofeudalism. Heterodox economist Michael Hudson explains how … Continue reading

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