Whether it’s soccer teams or sandwich shops, financialization was there before the pandemic, only making some of its supply-chain hijacking yet another example of an impending capitalist disaster. Re-regulation must remain important as crises loom in the post-pandemic recovery. A 2017 interview with UMass’s Gerald Epstein points to the need to...
AntiCapitalistMeetup
Like Martin Luther objecting to Pope Leo X selling indulgences to raise money for a variety of excesses, the environmental costs of carbon markets far exceed the benefits. Austerity would have denied us Renaissance art which is less at risk in an age of non-fungible tokens. Today the consequences for the planet...
The sparse number of actual carbon capture and sequestration projects plus weak carbon markets amplify the problems of the climate crisis yet to be revisited, post-Trump. Two heartland examples in North Dakota and Texas show how there are several interlocking problems addressing the climate crisis that must be included in future environmental policy. More specifically...
As Climate Crisis returns to the new US administration agenda, negative emissions technologies (NETs) may find their implementation hindered by neoliberal financialization. An earlier ACM story showed how Steve Keen’s critique of Nordhaus’s use of discounting climate change demonstrates that orthodox economics is incapable of accelerating innovation especially in...
I recently came across a typical Twitter argument about the CIA promoting modern art as propaganda. The usual distorting tweet-discourse occurred but what remained are somewhat paranoid discussions of whether the CIA supported Modern Art. They really didn’t, as much as they supported US propaganda in general. The argument about CIA and Art evolved...
Periodically, ACM readers might want an introduction to anticapitalism. This emerges because of the disinformation propagated by kakistocratic clowns like Trump, who enables neoliberal capitalism while pursuing kleptocracy and monopolizing violence. This is important as yesterday Trump signed an executive order that had no effect on big pharma, and endorsed extrajudicial killing...
This week I attended (remotely) the Rethinking Economics Festival and encountered challenging pluralist discourses like a platform economy (noting that most of such work is populated by women), decolonizing the Eurocentric position in disciplines, or “fully-automated luxury communism”. I thought I’d share some resource items and make a few observations....
Below is a collection of things that I’ve been saving up — including the problems of CV-19, MMT, neoliberalism, and other things relating pandemics to the economy. If there’s a point to this selection it is to remind ourselves what will happen in 2021 with Larry Summers now advising the Biden...
FUBAR’s definition is – thoroughly confused, disordered, damaged or ruined x America First is the Trump campaign slogan pic.twitter.com/KwGTOnWoDm — Adam Parkhomenko (@AdamParkhomenko) March 29, 2020 x All these right-wingers kept saying that socialism would kill us and now their cult leader is literally telling people to go out during a...
The year has not ended well, even as there is some hope that 2020 will bring a reversal of the perfect storm of 2016 that elected a buffoon to the WH. A recent article outlined the cascading possibility of connected tipping points in the Climate Crisis. This emergency cannot be unmet. With...
The BBC identified 12 key issues for the Labour party’s manifesto in preparation for the December General Election. Not wishing to take anything away from NY Brit Expat’s cogent analyses, I wanted to reflect on one item, the potential for re-nationalizing of key sectors in the US 2020 election context,...
< p class=”is-empty-p”> x YouTube Video In less than 400 days the US could be relieved of perhaps the stupidest self-proclaimed “environmentalist” in US history. We will need to refocus the post-Trump environmental economy to sustainable goals that reposition the discourse about economic growth, particularly energy production, distribution, and consumption. The Green...