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Michael Hudson discusses some of his favorite themes; debt deflation, the high cost of consumer debt, negative interest rates. 
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The inequality that is feeding the bitter, divisive and populist politics now sweeping the west
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From
medium
It can be very confusing to know that you won’t find a decent job, pay off student loans or put in a down payment on a h…
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According to a new report for the UN: almost no industry is profitable if you include environmental costs. So, maybe it's time for some serious changes?
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In Capitalism what matters is not whether fictional entities or human beings are making money, but whether decision makers are making money.
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From
roarmag
David Harvey: “The left has to rethink its theoretical and tactical apparatus.”
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An exploration of capped returns and how they can create an updated version of capitalism which is deeply generative, caring for people and the planet.
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The end of capitalism is coming, says Paul Mason. Here's a look at what will come next.
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Citizens are angry. “The body politic is burning up,” we learn from a recent NBC/Esquire survey. “And the anger that courses through our headlines and news feeds… about what they are doing to us—shows no sign of abating.” Insurgent presidential campaigns are making unexpected inroads in challenging establishment candidates in both parties. Why is the electorate angry?
Laborious Cretin's comment,
January 28, 2016 1:54 PM
80 richest billionaires is the same amount as that of the bottom 50% of the Earth's population
Read more: http://www.dailymail.co.uk/news/article-2919540/Oxfam-report-finds-80-world-s-richest-billionaires-wealth-bottom-50-percent-global-population-3-5-BILLION-people.html#ixzz3yZAgxO1j
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A new historical vista is opening before us in this time of change. Capitalism as a system has spawned deepening economic crisis alongside its bought-and-paid for political establishment. Neither serves the needs of our society. Whether it is secure, well-paid and meaningful jobs or a sustainable relationship with the natural environment that we depend on, our society is not delivering the results people need and deserve. We do not have the lives we want and our children’s future is threatened because of social conditions that can and should be changed. One key cause for this intolerable state of affairs is the lack of genuine democracy in our economy as well as in our politics. One key solution is thus the institution of genuine economic democracy as the basis for a genuine political democracy as well. That means transforming the workplace in our society as we propose in what follows.
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There has always been a tension at the heart of capitalism. Although it is the best wealth-creating mechanism we've made, it can't be left to its own devices. Its self-regulating properties, contrary to the efforts of generations of economists trying to prove otherwise, are weak.
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t’s a familiar pattern. First there’s an economic crisis. Then comes an enormous restructuring of capital — and with it a restructuring of labor — throwing past certainties into doubt. Old industries, companies, and occupations disappear and new ones emerge, enabled by new technologies. As people struggle to find a way to describe the seismic upheavals in the economic and social landscape, a linguistic mist arises, muddling the features of this new landscape, blurring attempts to analyze and map it.
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My take on Paul Mason of @paulmasonnews and his opinion of how Kondratiev cycles explain our current economic mess https://t.co/Q45j9MprLS …
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4 minutes | The neoliberalist capitalist model has resulted in civil wars and economic disaster, and it’s only going to get worse. Unless, Paul Mason argues, we take advantage of the technologica
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Politics and polling data reveal a remarkable shift in American attitudes toward socialism. More Democrats now view socialism favorably (42 percent) than unfavorably (34 percent). Among young adults, socialism does even better with a 43 percent favorable view vs. only 26 percent unfavorable. Presidential candidate Bernie Sanders, a self-described Democratic Socialist, has surprised the establishment with the strength of his campaign.
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The neoliberalist capitalist model has resulted in civil wars and economic disaster, and it’s only going to get worse
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How will future markets function when technology drives the marginal cost of goods and services nearly to zero?
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From
www
Governmental control is nothing compared to what Google is up to: the company is creating an unprecedented form of surveillance capitalism.
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An exploration of capped returns and how they can create an updated version of capitalism which is deeply generative, caring for people and the planet.
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The sharing economy could bring about the end of capitalism: that’s the provocative claim made by economic journalist Paul Mason. But research indicates that it actually has many possible futures.
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“Capitalism has become a scarcity-engineering system.” - Michel Bauwens, cited in Rise of the Commons: Fundamentals of P2P Economies by Alina Siegfried
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U.S. Democratic Senator Mark Warner, who helped start wireless company Nextel, is focused on bringing stability to workers in the on-demand economy.
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