Tag Archives: asymmetric power

Transcript of Michael Hudson in conversation with Ellen Brown and Walt McRee. Neo-feudalism masquerading as "capitalism and democracy."The Unz ReviewOur Neo-Feudal System Is on the Verge of Collapse Michael Hudson | President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City, and Guest Professor at Peking UniversitySee alsoReminiscence of the...

I had a mentor who emphasized the necessity to understand power. At first I didn't quite know what he was talking about. Subsequently, I discovered that he was correct. For example, C. Wright Mills's The Power Elite was a real eyeopener.Counterpunch How We Stay Blind to the Story of Power Jonathan Cook

The premise and promise of capitalism, going back to Adam Smith, have been that global wealth would increase and serve as a benefit to all of humanity.2 However, the experience of recent decades has challenged those claims: while global wealth has indeed grown, most of the increase has been captured by a small group at the top. This has continued into the“recovery” in the United States and globally. The result is that an obscenely unequal distribution of the world’s wealth has become even...

That idea, that the market ensures that only the most efficient prosper, is a central message of neoliberal ideology, and it has held UK and US governments under its sway since the time of Thatcher and Reagan. But that ideology contains a large and deep internal contradiction, which applies particularly to large firms like Carillion. To see what that contraction is, we need to talk about ordoliberalism and Ronald Coase.Ordoliberalism is widely known as the German version of neoliberalism....

Money is not the solution to all problems, and neither is either materials or technology, at least geopollitically.true economicsAsymmetric Conflicts and U.S. 'Learning Curve'Constantin Gurdgiev | chairman of the Ireland-Russia Business Association, contributor and former editor of Business & Finance Magazine, and lecturer in Finance with Trinity College, Dublin