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ernst wolff

The Financial Market Casino Controls Politics (tags)

Financial markets seem to be the measure of all things. Corporations are subsidized with trillions. In their "competition," small and medium-size businesses are the fools. A complex subsidy jungle exists in nearly all states, a "socialism for the rich" or "new feudalism."

Interview with Social Philosopher Friedhelm Hengsbach (tags)

The financial markets have uncoupled from the real economy since the middle of the 1970s. Politicians listen and react to every sound from the financial sector. Who paid for the bank bailout? The general public or the state made itself poor and guaranteed capital.

Work and Digitalization and A Corpse Governs Society (tags)

On the 2018 Day of Labor, many were worried. No one can deny digitalization affects work. Artificial intelligence greatly changes professions and whole branches. Well-paid jobs become scarcer. Rebuilding the social state seems necessary. Capitalism's blind flight through history is ending.

The US, the Dollar, IS and Saudi Arabia (tags)

The US treats IS and the Saudi royal house differently. For decades, Saudi Arabia has been the US' closest ally in the Middle East and therefore enjoys Washington's unrestricted solidarity despite all its crimes.

Causes of Great Problems Faded Out in Elections (tags)

Elections today have one thing in common: they don't change anything. Pseudo-battles dominate in which the actors are intensely focused on evading the burning questions and diverting the electorate from the real causes of problems..

Janet Yellen's Storytime (tags)

The US economy is not picking up speed, wages are not rising and the situation on the labor market has not improved... The world economy did not get going again after the greatest wealth redistribution in the history of humanity.

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