Mike Norman Economics

With improvements to be made in the standardized management system with Chinese characteristics, a market-driven, government-guided and enterprise-oriented standardized development pattern featuring mass participation and opening-up and integration will take shape in China by 2035....Longterm development strategy for a managed economy.ECNSChina issues outline to promote standardized national developmentXinhua (Chinese state media)See alsoNegative list for market access to be further...

Builds on Ben Norton's post at The Grayzone about "brain warfare" as the latest iteration in the arsenal of hybrid warfare. And, yes, it is being used domestically as well. Not that this is anything new. What's new is the openness in declaring it.CaitlinJohnstone.comThe Science Of Propaganda Is Still Being Developed And AdvancedCaitlin JohnstoneSee AlsoThe Guardian (UK)Singapore’s new ‘foreign interference’ law leaves journalists like me with an impossible puzzleKirsten Han

 Typically snarky post but also with some apparently factual information, too. Bottom line is that the Europeans are outraged at Russia for not supplying more gas at a lower price when European policy resulted in the crisis in the first place. Other factors at work, too, but European policy failures seem to be the fundamental reason behind it. Or maybe they were relying on the promise of American LNG. So where is it?Zero HedgeGazprom Hikes Export Prices As Moscow Urges Europe To Fix Ties To...

Last Friday (October 8, 2021), the US Bureau of Labor Statistics (BLS) released their latest labour market data – Employment Situation Summary – September 2021 – which reported a total payroll employment rise of only 194,000 jobs in August and a 0.4 points decline in the official unemployment rate to 4.8 per cent. The combination of rising employment and falling unemployment might suggest that things are improving. But the reality is that the active labour force shrunk significantly as the...

Moon of Alabama [Taliban are in a good position to play the US off with China and Russia]The U.S. Wants Back Into AfghanistanThe Grayzone [battle for your brain, reminiscent of brainwashing]Behind NATO’s ‘cognitive warfare’: ‘Battle for your brain’ waged by Western militariesBen Norton Sputnik International [like USSR putting missiles in Cuba in reaction to US putting missiles in Turkey]'Playing With Fire': Chinese State Media Claims Deployment of US Troops to Taiwan Might Prompt WarJacobin...

 Hundreds of scientists had worked on mRNA vaccines for decades before the coronavirus pandemic brought a breakthrough.You can see why Robert Malone became so disappointed and bitter, he was one of the first to experiment with mRNA technology, but he made some bad decisions and ended up in the wrong place at the wrong time and lost out. He doesn't feel he's getting the credit he deserves or the rewards. The debate over who deserves credit for pioneering the technology is heating up as awards...

A detailed look at the mad world of Dr Robert Malone.Robert Malone says he is the real inventor of mRNA vaccines and this is why you must trust him when he warns those vaccines are deadly. Instead, to protect yourself against COVID-19 you should take ivermectin, hydroxychloroquine, fluvoxamine, Vitamin D and of course the hurt-burn drug famotidine. In a bucket, probably.With Dr Malone eagerly going to bed with quacks, antivaxxers and far-right white supremacists (like Steve Bannon), it is a...

THE period of neo-liberalism [corporate capture of the government] witnesses an increase in the share of economic surplus in total output [aggregate economic rent inherent in commodity production in monetary production economies] both in individual countries and also for the world as a whole. This is because the “opening” up of the economy to freer trade in goods and services leads to a rapid introduction of structural-cum-technological change, which, because of its labour-displacing...

Competitiveness. Goldman is one of the more astute China-watchers.Asia TimesChina marches on towards Fourth Industrial RevolutionDavid P. Goldman

So much for that assumption.The results are coming in. Why won't people go back to work? Fear of COVID, inadequate compensation for the work and risk, and matching skills with requirements — a lot of people report seeking work to meet their qualifications and not finding any reasonable offers. People are reluctant to take a job that promises either a downward trajectory or getting stuck in work that is beneath their level of experience, ie., under-employed. It's not a simple as comparing the...