stagflation

Let real wages (of $15+/hour) grow faster than labor productivity for some years, undoing the wage repression of the last decades. We have been misled by neoliberal economics for now many decades, it’s time to turn many things around in what is becoming a second-rated US economy, recently crippled by the...

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  • February 9, 2021

“(T)erminating labour and share markets, along with the type of commercial banking taken for granted today, is a prerequisite for a post-capitalist society with functioning markets, authentic democracy and personal liberty.” Left accelerationism seems tempting in a time when markets, democracy, and liberty are in peril. but Yanis Varoufakis is hinting...

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  • August 30, 2020

While there will be heated debate about if the economy will go into a recession in 2020, I think most economic analysts believe that the recent yield curve inversion on interest rates does signal a slowing economy.  And if the economy begins to slide next year, Trump has already started...

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  • August 16, 2019

I do not know about the rest of the media, but some on MSNBC — Andrea Mitchell out with her pomp pomps —  are really pushing the narrative that it is Democrats who are in a political bind with the Mueller Report.  According to the narrative, people like me are howling at...

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  • April 19, 2019

Things are… not going well in Spain right now. How to breed an infertile, mentally disabled king, who soils himself regularly, and sparks a regional war with his death. First, a little history. Some three hundred years ago, what is now that little pointy bit that constitutes the northeast corner of...

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  • September 29, 2017
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