Tag Archives: Wall Street
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
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
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
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
Collaborators
The Great Depression so discredited capitalism that it created space for the New Deal reforms implemented by President Franklin D. Roosevelt. Many of these policies, influenced by economist John Maynard Keynes, involved massive government intervention in the economic affairs of … Continue reading
Contradictions
What do secret wars, regime change, spying on Americans, and bailouts for Wall Street have in common? They’re all policies of the deep state, according to Mike Lofgren, the Republican congressional staffer who wrote the groundbreaking essay Anatomy of a … Continue reading
Factions
Seymour Hersh’s new article makes abundantly clear that the American deep state has factions that are vying for supremacy. “…at some point some other military leaders decided that they couldn’t follow the policy, because it was nonsensical, and did something … Continue reading