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Tag Archives: Naked Capitalism
Predatory Value Extraction
I’ve finally found the perfect description for our late-capitalist, neoliberal milieu–predatory value extraction. At Naked Capitalism, Hubert Horan examines the business model of Uber and finds that it represents the larger US political economy, where everything has been subjugated by … Continue reading
Posted in feral elite, neoliberalism
Tagged China, feral elite, Naked Capitalism, new Cold War, Uber
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We the Precariat
Here’s an observation from Lambert at Naked Capitalism that perfectly captures the precarious world that’s been created by the advance of neoliberalism. “So, Walmart spends squillions destroying public education, and then pays low wages because people can’t read or … Continue reading
Posted in neofeudalism, neoliberals
Tagged Lambert, Naked Capitalism, neofeudalism, neoliberalism, privatization, public education, Walmart
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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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Leftless in America
In The Reactionary Mind: Conservatism from Edmund Burke to Donald Trump, political scientist, Corey Robin says that conservatism draws its power and purpose from opposition to the left. “From the French Revolution through civil rights and women’s lib, struggles … Continue reading
Posted in neoconservatives, neofeudalism, neoliberals
Tagged conservatism, Corey Robin, cultural issues, Democratic Party, Donald Trump, economics, Edmund Burke, finance, hippies, identity politics, left, long-standing fissures of the conservative movement, Mark Ames, Naked Capitalism, Reactionary Mind, Republican Party, right, Ronald Reagan
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Because Markets
Once again, there was a mass-shooting in America. This time in Las Vegas, where a 64 year old man sprayed bullets down onto concert-goers, killing 58 people and wounding 489. The statistics paint a horrible picture of gun violence in … Continue reading
Posted in neofeudalism, neoliberals
Tagged 2nd Amendment, Ayn Rand, because markets, Constitution, creating and nurturing community is a revolutionary act, federal reserve, Going Postal, gun violence, hyper-individualism, inequality, Lambert, Las Vegas shooting, Mark Ames, Naked Capitalism, neo-feudalism, neoliberalism, NRA, Ronald Reagan, Shay's Rebellion, society, The Freedom of an Armed Society, wall street crash
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The Flight to Serfdom
Neoliberal economist Friedrich Hayek wrote The Road to Serfdom, in 1944, where he warned of totalitarian governments terrorizing their citizens. Hayek’s dystopian vision is upon us, only instead of totalitarian governments it’s all-powerful corporations like United Airlines that we … Continue reading
Posted in neofeudalism, neoliberals
Tagged A Brief History of Neoliberalism, Chicago Boys, concentration, Dr. Dao, Flight to Serfdom, Fly the Friendly Sky's, Friedrich Hayek, mergers and acquisitions, Naked Capitalism, neoliberal economic policies, neoliberalism, oligopoly, public relations, Road to Serfdom, United Airlines, University of Chicago, Yves Smith
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Accumulated Despair
Lately, it’s hard to write about any aspect of our shared experience without running headlong into evil. Take neoliberalism, an economic ideology that increasingly orders our lives to a terrifying degree. While neoliberalism may seem incredibly complicated, in my … Continue reading
Posted in neoliberals
Tagged accumulated despair, because markets, Case/Deaton, Democratic Party, Democrats, Donald Trump, eliminationist rhetoric, evil is easy, go-die, homelessness, ideology, Lambert, matt taibbi, mortality, Naked Capitalism, neoliberalism, no alternative, opioid crisis, Thomas Friedman, wealth polarization, Whigs
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Evil is Easy (Part 1)
Why is it that doing good is so hard while evil is easy? In my definition, doing good is cooperating with fellow citizens in a democratic manner to solve America’s numerous problems, while doing evil is playing on human … Continue reading
Posted in neoliberals
Tagged Alex Molnar, charter schools, Dismantling Public Education, divide and rule, education, evil is easy, good is hard, Naked Capitalism, neoliberal, neoliberal economic policies, neoliberalism, off-shoring, privatization, Ronald Reagan, so-called free trade, teachers, teachers unions, vouchers
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The submerged state
If the Democrats ever want to win another election they need to abandon neoliberalism. Post-Watergate Democrats turned their backs on the central tenet of the New Deal–that government should help Americans. In the process, they quit representing unions and … Continue reading
Posted in neoliberals
Tagged ACA, Cornell, corporate funding, Democrats, financialization, free trade, Les Leopold, Naked Capitalism, Nancy Pelosi, neoliberalism, One Market Under God, other corporate party, President Obama, Submerged State, Suzanne Mettler, Thomas Frank, Wall Street
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