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Tag Archives: J is For Junk Economics
Junk Economics
Over the weekend, the US Senate passed the most drastic rewrite of America’s tax system since the Reagan administration, which is expected to mostly benefit the wealthiest Americans. This new tax cut legislation should provide further proof that the United … Continue reading
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
Posted in neoconservatives, neofeudalism, neoliberals
Tagged A Brief History of Neoliberalism, austerity, bankers, bankers in orange jumpsuits, banksters, bondholders, debt, debt serfdom, dystopian, financialization, J is For Junk Economics, Michael Hudson, Middle-Ages, neo-feudalism, neoliberalism, privatization, science fiction, serfs, serfs up, starving the beast
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