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Human Capital
Neoliberalism reduces us all to market participants. To neoliberals we’re not citizens, just human capital. There’s a great article at Salon, by Anis Shivani, that provides a glimpse into this poorly understood ruling ideology. “Neoliberalism believes that markets are self-sufficient unto … Continue reading
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Tagged Anis Shivani, Bernie Sanders, divide and rule, Donald Trump, free speech, Hillary Clinton, human capital, identity politics, Margaret Thatcher, market apostate, multiculturalism, neoconservatives, neoliberalism, Salon, Teddy Roosevelt, Woodrow Wilson, working-class
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God’s been drinking
So much evil in this world is projected as good. Some of the best writer/propagandists have taken on this task of conflating the Satanic with the sacred. Take Max Weber, who depicted God’s divine intentions throughout the Industrial Revolution … Continue reading
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Tagged Christianity, Fredrick von Hayek, Garden of Eden, IMF, Industrial Revolution, Jesus Christ, Ludwig von Mises, max weber, Milton Friedman, neo-liberalism, projection, protestant work ethic, Road to Serfdom, the enclosure acts, Thomas Friedman, welfare state
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QE for you and me
Donald Trump is many things–racist, reality TV star, torture advocate, strong leader with fascist tendencies. However, Trump is also a truth-teller, in that he has repeatedly challenged conventional wisdom, as articulated by the American political and media elite. He’s kind of … Continue reading
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Tagged 9-11, Bash kept us safe, Bernie Sanders, CBO, conventional wisdom, Donald Trump, economic orthodoxy, economic populism, fiat currency, George W. Bush, Iraq, Libya, Modern Monetary Theory, neoliberal, President Obama, public infrastructure, Syria, US imperialism
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FIRE Alarm
We used to make things and employee people who were paid wages that they spent back into the economy. Finance properly allocated capital for productive ends rather than speculation and fraud. We had a productive economy that benefitted Main Street … Continue reading
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Tagged Adam Smith, Austrian School, banana republic, debt serfdom, elite resistance, financialization, FIRE sector, inequality, infrastructure spending, John Stewart Mill, Justice Brandeis, Main street, Michael Hudson, Milton Friedman, neoliberalism, Road to Serfdom, Simon Patten, tollbooth economy, Wall Street
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Political-economy of despair
Ideology is powerful. Neoliberal economist’s have internalized Margaret Thatcher’s maxim that there’s no alternative. The market knows best. All the government can do is get out of the way and let the market do its thing. American’s must never … Continue reading
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Tagged 2016 presidential election, alternative to neoliberalism, American exceptionalism, banana republic, because markets, Bernie Sanders, economist, financialization, Gerald Friedman, go-die, government involvement in economic affairs, ideology, inequality, Margaret Thatcher, Naked Capitalism, neoliberal, neoliberalism, no alternative, public health
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Managing the Decline
We are witnessing the first presidential campaign since the Great Depression that directly challenges the essential features of the US economy. All the controversy over social issues and immigration is just so much distraction from the bi-partisan economic policies … Continue reading
Superfluous
I believe that the crisis of legitimacy gripping the American political system has been brought about because a large cohort of US citizens have belatedly come to realize that they’re superfluous. Many of these superfluous Americans are also recognizing … Continue reading
The Grand Old Hunger Games
An online petition to allow delegates to pack heat at the Republican convention in Cleveland this summer is exposing the insanity of Republican, NRA and the Right’s decades long effort to ensure that there are guns everywhere in America. … Continue reading
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Tagged civil war, Cleveland, GOP convention, guns, Hunger Games, ISIS, more guns, NRA, Obama, Ohio, open carry, Republicans, Tea Party, white rage
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