The Swedish for-profit ‘free’ school disaster Neo-liberals and libertarians have always provided a lot of ideologically founded ideas and ‘theories’ to underpin their Panglossian view on markets. But when they are tested against reality they usually turn out to be wrong. The promised results are simply not to be found. And that goes for for-profit private schools too. Sweden introduced a voucher-style reform in the 1990s and opened the market to for-profit...

The Biden administration will soon roll out a new student loan forgiveness proposal that could impact millions of Americans. For years, Joe Biden has been against Student Loan forgiveness. Now he is seeking forgiveness for making student loans totally unforgiveable. The proposed student loan program is smaller in scope than President Joe Biden’s first education debt relief plan which the Supreme Court ultimately blocked. Rough estimates by higher...

50 years ago today .[embedded content]

Debt's Impact on Economy Explained

Some Background and History If you ever move to Arizona around Phoenix and maybe even further out, you are probably going to end up in a development which has a Home Owner’s Association (HOA). My experience with HOAs is mostly positive as the Pres. and the Board Members lived in the same subdivision as we did in Michigan. In Arizona, Homeowner’s Associations are far different. They can be corporate and run by a commercial enterprise as hired by...

In 2020, I was a subject in the Moderna phase III trial for their COVID mRNA vaccine. At the same time, Pfizer-BioNTec trialed a similar mRNA vaccine. Both mRNA vaccines proved highly successful. In both cases, chemically modified mRNA encoding the SARS-CoV-2 spike protein is injected, programming cells that receive the mRNA to produce and secrete spike protein until the mRNA decays.Now, a innovative self-amplifying mRNA vaccine has been approved in...

Here is John Maynard Keynes in 1926: "Let us clear from the ground the metaphysical or general principles upon which, from time to time, laissez-faire has been founded. It is not true that individuals possess a prescriptive 'natural liberty' in their economic activities. There is no 'compact' conferring perpetual rights on those who Have or on those who Acquire. The world is not so governed from above that private and social interest always coincide. It is not so managed here below that...

Debt's Impact on Economy & Happiness

[unable to retrieve full-text content]Hudson Patreon Q&A 2023Q4 – Dec 8 Support Michael’s incredible work by becoming a Patreon. He needs it now more than ever (read below) KARL FITZGERALD: All right, well let’s get into it. Okay. Welcome everyone to our final Q&A session for 2023. Always good to be with you. My name is Karl Fitzgerald, I Continue Reading The post Watching the World Divide in Half first appeared on Michael Hudson.

from Asad Zaman Introduction At first glance, it appears that industrialization, with its rampant overproduction and overconsumption, stands as the primary antagonist in our climate crisis narrative. However, this surface-level perception overlooks a more profound shift that lies beneath: an epistemological revolution birthed in the European Enlightenment. This era marked a pivotal transition in our relationship with the planet, from Mother Earth to a dead machine. Turbayne (1962)...