neoliberalism

Obama and Trump

Michael Hudson asks if identity politics will break up the Democratic Party

Summary: Here is an excerpt from economist Michael Hudson latest brilliant essay. He explains how the Left’s identity politics fragment America, preventing formation of a broad coalition to oppose the Right. He then goes one step further, showing why such a divisive course has come to dominate the Left. “Trump Is Obama’s Legacy. Will This …

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An anthropologist reminds us why Trump rose & how populism will survive his crash

Summary: Now that Trump has self-destructed and the inevitable landslide (which I predicted in August) looms, the Left believes it can forget the forces that brought Trump close to victory. FAILure to learn is our national affliction. Anthropologist Maximilian Forte reminds us why Trump arose from nothing and why populism might survive Trump’s crash. “Terminal …

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Before Trump, top economist Joseph Stiglitz warned about globalization

Summary: Lost amidst his bombast and folly, Trump has challenged key bipartisan policies of US elites. That is why they hate and fear him. That’s why attacks on him seldom mention issues, focusing instead on his character and language. Better to spin fantasy (he’s a Hitler) then remind the public that Trump dislikes globalization and …

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Professor Vijay Prashad: Saudi Arabia Is in trouble & makes a big mistake

Summary: In our age some of the greatest conflicts see no shots fired, such as the oil price “war” begun by the Saudi Princes. Opinions differ about the eventual outcome. I say bet on the Saudis to win. But nothing is simple. Here regional expert Vijay Prashad sees the Saudi Princes making a foolish and …

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Thomas Frank explains how the Democrats became Liberals for the Rich

Summary: The insurgencies on the Left and Right against their parties’ elites by populists and progressives has been much discussed but little analyzed. Previous posts discussed how the Republican Party abandoned America’s workers. Here Thomas Frank, one of the most insightful observers of the Left, explains how the Democratic Party abandoned the progressive movement and …

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