Category Archives: neofeudalism
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
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
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
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
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
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