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Tag Archives: Naked Capitalism
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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Taking the Risk Out of Democracy
Ever wonder why corporations spend billions on business friendly propaganda each and every year? Because it works, that’s why. Corporate propaganda has succeeded in convincing a majority of Americans that their interests lie with corporations–the business of America is business–and … Continue reading
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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Tagged austerity, class warfare, Detroit, ECB, EU, finance is war, Greece, Greg Palast, IMF, Michael Hudson, morality play, Naked Capitalism, neoliberalism, Noam Chomsky, Paul Krugman, Podemos, Syriza, Wall Street, Wolf Richter
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Stupid Rich
“They were careless people, Tom and Daisy—they smashed up things and creatures and then retreated back into their money or their vast carelessness, or whatever it was that kept them together, and let other people clean up the mess they … Continue reading
Out of Thin Air
The US has a fiat currency, where money is created out of thin air with a stroke of the keyboard. For political reasons, we allow banks to enjoy the advantage of money creation rather than having the US Treasury issue … Continue reading
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Tagged banks, CBO, Ellen Brown, fiat currency, MMT, Modern Monetary Theory, Naked Capitalism, Rothschild, Web of Debt
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The Market is the Master
There is a vague sense of a new order growing up around us. Sometimes there’s a brief glimpse of it. Sometimes late at night there’s a whisper of it on the wind. I’m referring to neofeudalism–a confluence of neoliberalism and neoconservatism … Continue reading
My Hate is Pure
Every time I calm down, there’s another reminder of the damage that neoliberalism has wrought. Once again, rather than reading about this in the New York Times or Washington Post, this has to be pointed out and emphasized by William Black, … Continue reading
Dig it
Reading Bloomberg’s article about how the GOP, when it takes control of the Senate, should embrace infrastructure spending, made me laugh. Just the language, with its nod towards hippy vernacular, was priceless. “Dig, if you will, a picture: Republicans, basking … Continue reading
Lost In Space
It’s been a rough week for commercial space travel. First, on Tuesday an un-manned commercial supply rocket bound for the International Space Station, exploded after liftoff. The accident prompted criticism over NASA’s reliance on private corporations to launch payloads, now that … Continue reading
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Tagged commercial space travel, Naked Capitalism, neoliberalism, privatization, propaganda, public good, Robert Parry
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