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Tag Archives: banana republic
A Flaw in the Model
The election of Donald Trump was due, in no small part, to the abject corruption of our elite. In my last post, I examined An Economic Theory of the Criminal Law, where 7th Circuit Judge Richard Posner states that the poor require … Continue reading
Posted in neofeudalism, neoliberals
Tagged Alan Greenspan, An Economic Theory of the Criminal Law, animal spirits, Ayn Rand, banana republic, Democrats, Education/Industrial/Complex, flaw in the model, John Maynard Keynes, looting, magical belief system, military industrial complex, mortgage-securitization process, Naked Capitalism, neoliberalism, neoliberals, not a bug but a feature, Republicans, Richard Posner, student-loan-securitization process, Yves Smith
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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
Posted in neofeudalism, neoliberals
Tagged banana republic, Bernie Sanders, Bob Dylan, class warfare, David Sirota, Democratic Party, Democrats, Donald Trump, economic populism, financial reform, financialization, Great Britain, Grenfell Tower fire, identity politics, labor party, Margaret Thatcher, mass shootings, neo-feudalism, neoliberalism, plutocracy, Republicans, There is no Alternative, Washington Generals, we live in a political world
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Member Berries
To retake our country from the deep state we will have to end the American empire. To end the American empire we have to challenge the narrative of American exceptionalism, that has been promulgated with the help of a … Continue reading
Posted in neoconservatives
Tagged all-American corporate empire, American exceptionalism, banana republic, deep state, Democrats, Dineyfied, Donald Trump, false narrative, genocide, golden age, Hillary Clinton, indispensable nation, member berries, neocons, neoconservative foreign policies, neoconservatives, Republicans, slavery, South Park, straight-white-christian-conservatives, US foreign policy
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Border Guard
Going into one of the craziest elections in American history it’s important to remember how we got to this point. Hint–both parties have contributed to a slow-motion economic crisis. The Republican party, as it exists now, is an absolute … Continue reading
He’s Our Boy
In the midst of increasingly shrill denunciations of Donald Trump, I’m vainly waiting for someone to acknowledge the obvious. He’s our boy. Politicians and their media allies want to pretend that Trump is some sort of aberrant outlier, but … Continue reading
The Lesser Evil
Readers have accused me of being a Trump supporter. I’m not a supporter, but I do believe that he’s the lesser evil in a matchup against Hillary Clinton. I know, hear me out. The media has once again done … Continue reading
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
Posted in Uncategorized
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
Posted in Uncategorized
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
