Tag Archives: Wall Street

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

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The Pawl

  The recent election and its aftermath have been instructive. Americans who supported Bernie Sanders, were castigated as naive, political utopians who failed to understand that the only option was to support Hillary, lest the evil Orange-One prevail. And now … Continue reading

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Behind the throne

  Making sense of the Trump presidency will be challenging. It’s a new environment with all preconceived notions of the American political system vanishing. Up is down and down is up. For example, liberals, who traditionally viewed the CIA as … Continue reading

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The art of the possible

  Politics is the art of the possible. It’s not enough for Democrats to simply oppose the policies of Donald Trump, they need to offer alternatives. And, while the marches and protests organized by the DNC and supporting NGO’s are … Continue reading

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Necessary Lessons

  Liberals lamenting the election of Donald Trump have not absorbed the necessary lessons. Rather than examining the policies of financial neoliberalism and the identity politics that provided neoliberalism its moral veneer, they are still blaming the Russians, or the … Continue reading

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Planned economy

  The election of Donald Trump has caused an outpouring of grief and many commentators are convinced that the end of the world is nigh. However, Trump didn’t get us to this place, he was just a savvy opportunist who … Continue reading

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Internal divisions

  The election of Donald Trump is provoking internal divisions within the deep state, leading to some very interesting disclosures. Indeed, there is a battle being waged for influence and control in the presumptive Trump administration. It might be useful to … Continue reading

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The political/economy of empire

  The US is an empire, in case you hadn’t noticed. The political/economy of the US empire is the deep state. The deep state in America is largely composed of the military/industrial/complex, the oil and gas industry, and Wall Street. The … Continue reading

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Like Ike

  Before he took office, President Obama professed his admiration of President Reagan. Lately he’s behaving like President Eisenhower. Eisenhower, after creating the military-industrial-complex and nascent deep state, famously warned against it. As he was leaving office. Many Americans remember Eisenhower’s … Continue reading

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FIRE Alarm

We used to make things and employee people who were paid wages that they spent back into the economy. Finance properly allocated capital for productive ends rather than speculation and fraud. We had a productive economy that benefitted Main Street … Continue reading

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