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kinsey global institute

The Neoliberal Model: Profits without Investments (tags)

According to the neoliberal myth, higher profits would lead to more investments and more jobs. In truth, higher profits lead to corporations buying back their stock and currency speculation. In truth, higher investments lead to higher profits.

Cancellation of Illegitmate Debts Instead of Bailout Umbrellas for Financiers (tags)

The inflation of public indebtedness was an essential element for the enhanced power of financial capital. That inflation was a result of a conscious under-financing of the state and is a lever to enforce an austerity policy. Financialization intensified the pressure to precariousness.

Forecasting Economic Decline (tags)

class war

Grim Holiday Season Tidings (tags)

class war

The Legal Criminality of Finance Capitalism (tags)

The market mechanism, the Keynesians say, is not efficient or balanced. Charles Ponzi was one of the greatest swindlers of American history. Instead of the capitalist economy holding the strings of politics, politics could use economic power to create new realities.

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