Tag Archives: austerity

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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We’re All Greeks Now

Who needs an army when you have economists and central bankers? This is the reality we face in an era where debt and austerity are the weapons wielded by modern imperialism. In the aftermath of the Greek referendum rejecting austerity, … Continue reading

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Eating Your Foot

We have an amazing amount of stupid in our country when it comes to economics. Case in point. One of our state legislators, representative Jake Andregg, R–Lehi, claims that taking federal money for Medicaid expansion, is akin to cannibalism. “It’s … Continue reading

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The Road to Neo-Feudalism

Every single day I read articles that solidify my belief that we’re headed at full speed towards neo-feudalism, with the American people asleep in the back seat. Fasten your seat belts. “The President’s “sequester” offer slashes non-defense spending by $830 … Continue reading

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A clean get away

Anyone who says “crime doesn’t pay” hasn’t been paying attention to the behavior of the American elite in the 21st century. Historians of the future, when the study this era, will marvel at the rampant criminality and official impunity, that … Continue reading

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Things that make me want to guzzle anti-freeze

Taking Charles Pierces signature phrase out for a test drive. Lately, the so-called “financial cliff” reporting makes me too want to guzzle anti-freeze. The dominant narrative every day about the scary, scary “financial cliff” drives home the fact that we … Continue reading

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