Tag Archives: Wall Street
A World Turned Upside Down
When the British surrendered at Yorktown at the close of the Revolutionary War their commander, General Cornwallis, was so distraught that he feigned illness and instead had his subordinate proffer his sword to General Washington. The tenor of the … Continue reading
Katrina Moment
The Coronavirus appears to be Trump’s Katrina moment, where the pandemic is exposing the rank incompetence of his administration. If you’ll recall from the way-back machine, in 2005, Hurricane Katrina demonstrated that the Bush Administration’s neoconservative ideology was a serious … Continue reading
Rotten Arrangements
The Coronavirus pandemic is calling into question all of the rotten arrangements that have brought us to this point in American history. Indeed, the virus is remorselessly exposing every weakness in the political and economic ideologies it touches. Especially the ideology … Continue reading
Existential Threat
Every economy is planned. The essential political question is who gets to do the planning. Likewise, every economy is a mix between state and private actors. After 40 plus years of neoliberal “reforms”, the dominant actors in the US are … Continue reading
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
Is that all there is?
Gazing around our world it’s clear that neoliberalism has narrowed the possibilities. Is that all there is? Massive student debts, opioid addiction, homelessness and suicides. An economy based largely on scams and fraud, that leaves the vast majority of … Continue reading
