As the wealth of two-thirds of the world’s billionaires is based on inheritance, monopoly and cronyism, Trump will be among friends in Davos.
Wall Street Impunity: Why Kleptocrats Love America
Those at the top of Wall Street finance know that what they do may be wrong – but not necessarily illegal. And so they carry on, under the “watchful” eye of US authorities.
Liquid Capitalism: Making Sense of Davos
Living under the modern conditions of “liquidity,” humans know that everything can happen—yet nothing can be done with confidence and certainty.
Donald Trump and His Banana Republic
To Trump, the broad masses of the American people are ultimately no better than Mexico’s poor. All he really desires is the approval of the billionaire class.
The New York Times and the Looting of America
Amidst a reactionary revolution without precedent, the Democrats and the mainstream media only exhibit cluelessness, if not complicity.
Gross Imaginary Product: Welcome to the Brave New World
From the United States to Japan and Europe, Gross Imaginary Product has exploded everywhere real interest rates have been kept below zero.
Tackling Global Inequality
Why can’t 20th century tools be used to address 21st century income inequality?
What Comes After the Second Gilded Age?
Stagnation and inequality could lead to a Second Progressive Era in the United States – or something far more dangerous instead.
US Inequality: The Economics of Nastiness
Americans are systematically lulled into believing that inequality is an unalterable fact of life.
A New Crisis of Faith
On the 500th anniversary of Martin Luther’s Reformation, faith in the fundamental dogmas of the Western world is again faltering.