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Category Archives: neofeudalism
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
Posted in feral elite, neofeudalism
Tagged bailout, Coronavirus, federal reserve, feral elite, financialization, Michael Hudson, neo-feudalism, Wall Street
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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
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
Posted in neofeudalism, neoliberals, propaganda
Tagged 2020 election, corporate socialism, Donald Trump, plutocracy, socialism, Wall Street, wall street crash
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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
The Colossus
Amazon has become the most powerful economic actor, a veritable colossus astride our Republic. The recent reports about the ubiquitous online merchant’s search for a new headquarters only reinforce this perception. After a long process, Amazon finally announced that it … Continue reading