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Subjects Archives: Financialization

The Corporatist State 2011 Shankbone - The first day of Occupy Wall Street, September 17, 2011. Wall Street barricaded and Zuccotti Park taken. (Photo: David Shankbone)

A stock market boom amidst a real economy crisis

Altogether, as philosopher Cornel West put it, the U.S. is showing every sign of being a “failed social experiment”. And yet there is a veritable boom in the U.S. stock market. The stock market index Nasdaq has increased by more than 40 per cent since March 23 and is now “within striking distance of all […]

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Glasgow Times Glasgow's Banksy slams Black Friday consumerism in West End mural ...

A consumer economy?

Richard Heinberg is a very important scholar and an apparently lovely human being. His books are always penetrating, and both his contribution to and his review of Michael Moore’s corporate-green-censored movie, Planet of the Humans, demonstrate his continuing efforts to speak crucially unheard truths.

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President Donald J. Trump and Xi Jinping, President of the People’s Republic of China, June 29, 2019, at the G20 Japan Summit, Osaka, Japan. Photo credit: The White House / Flickr

Pandemic: How big banks and big AG share blame

Here in the U.S., agribusiness lines up with pharmaceutical and military contractors in terms of being a political force to be reckoned with and, in effect, help run the country. Their needs are protected so that these pathogens have the best lawyers on the planet.

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#Unis4all: An Open Letter to the U.S. Higher Education Community

Universities can immediately bypass feckless state & federal legislatures & finance themselves directly with “Unis” supported by the Federal Reserve For a growing majority of outspoken administrators and faculty, the economic fallout associated with the Covid-19 crisis threatens to catapult U. S. higher education into a draconian age of austerity, layoffs, and closures. The question, […]

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