Each time this modern variant of financial capitalism gets ahead of itself, the main players – who are usually content pocketing excessive profits – always come running back for life support from the state.
The privatise the gains, socialise the losses story. Repeated.
Things seem to come in cycles. We have been at this for some years now – trying to articulate the principles of Modern Monetary Theory (MMT) in various ways in various fora. Read here
The Alaska summit promised much but delivered little. Can the US and Russia find peace without Ukraine in the mix? Read Article HERE This file is licensed under the Creative Commons Attribution 4.0 International license.
Too little regulation, of too little government, of deregulation and lawlessness, amount to “the writing on the wall” for the empire that is the United States of America Read Article HERE
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