Tag Archives: wall street crash

Market Failure

  I never though I would feel nostalgic for the Cold War but in retrospect it’s apparent that the contest between the two superpowers over which system delivered more comfort, freedom, and happiness to its citizens was a golden era. … Continue reading

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Everybody Knows

  Ten years on from the Wall Street Crash, it’s quite apparent that something is different. I was reminded of this yesterday reading the Sunday comics, where author, Scott Adams, has one of the characters in Dilbert being confronted. “Weren’t … Continue reading

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Socialism for thee but not for me

  Trump appears to have found the theme for his 2020 presidential campaign–Socialism is bad!!! “We are alarmed by the new calls to adopt socialism in our country,” said President Donald Trump in his State of the Union address. “Tonight, … Continue reading

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The Triumph of Conservatism

  Classic liberalism is a formulation of ideas about human freedom, markets, and representative democracy. But in modern day America it has largely become a conservative cover for a corrupt status quo represented by neoliberal economic and neoconservative foreign policies. … Continue reading

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Après moi, le déluge

  Last week, I neglected to mention one of the key drivers of American nihilism–elite impunity. As David Sirota recounts in a new article, since Enron, America has become an elite accountability free-zone. “Our society has been fundamentally altered by … Continue reading

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Ten Years After

  Ten years ago the US stock market tanked, and for the next several weeks financial markets were a cluster-fuck of panic and chaos. Americans were frightened of what was happening in the economy. The real estate market had collapsed. Venerable Wall … Continue reading

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Double-Truth

  I know it’s hard to turn away from the ongoing dumpster fire that is the Trump administration but it’s imperative to understand how we got here. Can you say neoliberalism? The neoliberals first gathered at Mont Pelerin, circa 1947, in … Continue reading

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