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Tag Archives: inequality
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
They Own the Place
The banks and financial industry have a lock on our political and economic systems, directly contributing to the growing economic inequality and bifurcated rule of law. Since Senator Dick Durbin blurted out to a radio host the power that the banking … Continue reading
The vandals took the handles
Reading the bizarre effort by Paul Krugman to portray Obama as a great president, it occurred to me that it all could have been different. Newly elected with a huge mandate for reform, Obama had a chance to break the stranglehold … Continue reading
Coming Out of the Closet
I have decided to come out of the closet and live my life free from shame. Nope, not gay, if that’s what you were thinking. Not that there’s anything wrong with that sort of thing. No, my closet consists of … Continue reading
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Tagged class warfare, inequality, John Lennon, karl marx, marxism, Naked Capitalism, neoliberalism, Yves Smith
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All-American Oligarchy
Deconstructing “free-market” economic ideology is why I started blogging. It was hard to miss that economic ideology was being employed much like religious dogma in an effort to justify conservative neo-feudal policies. These neo-feudal policies, best exemplified by the bi-partisan push … Continue reading
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Tagged "free markets", economics, inequality, Jeffery Winters, New Deal, oligarchy, Simon Johnson
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