Each party will continue to extract whatever benefits they can from the other, but the leaving is already well underway.Beneath the euphoric hoopla of a trade deal with China is the cold reality that the divorce has already happened and any trade deal …
The servitude of society to a globalized economy is generating extremes of insecurity, powerlessness and inequality.Does our economy serve our society, or does our society serve our economy, and by extension, those few who extract most of the economic …
Stripmining the planet to maximize profits isn’t progressive or renewable–it’s just exploitive and destructive.How do we describe the finding that the planet’s most widely-owned super-corporation is destroying the planet to maximize its smartphone sal…
Here is hollowed-out America, an economy of ever-greater financial wealth piling up in the hands of the few while tens of millions of wage-earners can’t afford what was available to everyone, even the working class, in previous eras.America is being ho…
What’s been normalized are policies and cultural norms that seek to enrich and protect the few at the expense of the many.When the initially extraordinary fades into the unremarkable background of everyday life, we say it’s been normalized. P…
The entire system of health needs to be re-organized from the ground up, and funding the rackets will only speed the collapse of the system.The core problem with “socialist” proposals such as Medicare-for-All is that they don’t actually fix what’s brok…
The anti-social carnage unleashed by Corporate America’s “lock-in” / negative network effects has no real limits.Here’s the U.S.economy in a nutshell: Corporate America is an anti-social Black Plague, gorging on cartel-monopoly profits reaped from…
It’s not too difficult to predict a political rebellion against the machinery of soaring wealth and income inequality.The one constant across the media-political spectrum is an unblinking focus on the stock market as a barometer of the national economy…
As long as central banks create and distribute trillions in conscience-free credit to conscience-free financiers and corporations, the incentives for sociopathy only increase.”Sociopath” is a word we now encounter regularly in the mainstream media, but…
Just as forestry management’s policy of suppressing forest fires insured uncontrollable conflagrations, so central banks’ attempts to eliminate recessions insure a financial conflagration that will burn down the entire global financial system.The first…