How neoliberalism and globalization created the populist revolt in the West

A map of global neoliberalism

Summary: Here is an excerpt from one of the most powerful explanations I have seen for the role neoliberalism and globalization as drivers of populism in the West. Our political future cannot be seen without understanding this. {First of two articles today.} Here is one of the most illuminating essays I have read in a … Continue reading How neoliberalism and globalization created the populist revolt in the West

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While America’s infrastructure rots, we build the most expensive weapon ever

F-35

Summary: While America's infrastructure rots, we will spend $1.5 trillion on the F-35. The most expensive weapon ever built, it's probably as obsolete as battleships in 1940. Here is the tale of how this garbage fire of America's cash began and while it burns out of our control. See the dismal status reports at the … Continue reading While America’s infrastructure rots, we build the most expensive weapon ever

Wolfgang Streeck explains how to reform capitalism for a better 21st century

Summary: We have hundreds of ideas for small reforms of America, but few for radical reform of the capitalist system that runs it. As a demonstration of this problem, Wolfgang Streeck gives a profound critique of capitalism and Adam Tooze  one of the most powerful essays I have seen in a long time. This is part … Continue reading Wolfgang Streeck explains how to reform capitalism for a better 21st century