>"The claim that capitalism is being toppled by a new economic mode comes on the heels of many premature forecasts of capitalism’s demise, especially from the left. But this time it may well be true, and the signs that it is have been _...Read More_

"Well, the justification offered for allowing firms to form in a capitalist society, despite the internal central planning that this entails, is that doing so saves a lot of what economists call ‘transaction costs’. These are expenses that _...Read More_

The meaningful work discourse is easily deployed today as a capitalist shibboleth - "The failure to provide meaningful work to the vast majority of the population is a powerful indictment of our economic system — one more promise _...Read More_

“Government borrows what it doesn’t tax, corporations and rich households gain wealth by lending to government profit income they don’t spend.”

"Yet, statistically, the recessions that shatter our dreams also improve health and increase _...Read More_

"There are six major changes in the global capitalist economy since the 1970s that increase the potential fragility, instability, and the amplification and propagation rate of the fragility-instability events"