Showing posts with label State Capitalism. Show all posts
Showing posts with label State Capitalism. Show all posts
Friday, May 2, 2025

Federal employment is 1.1% of civilian population in April 2025: This is the swamp billionaires want to drain

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 The worst it ever got was 2.4% in December 1952 while Truman was still president. The leisure class of state capitalism has to have somethi...
Thursday, December 7, 2023

C'mon man, we're supposed to fear a coming Trump dictatorship while Joe Biden threatens to seize drug patents as we speak

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  The soft fascism of public-private partnership becomes hard fascism: “When drug companies won’t sell taxpayer-funded drugs at reasonable ...
Monday, July 5, 2021

Joel Kotkin has come around, now calls it what it is: Global fascism

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In 2018, Kotkin was still tip-toeing around the obvious, but not anymore: Mussolini’s notion of fascism has become increasingly dominant in ...
Tuesday, February 18, 2020

LOL, what a shock: Chicom state capitalism has produced the most severe income inequality in the world, enriching The Party

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Story . According to the Proceedings of the National Academy of Sciences of the United States, China has the world’s highest Gini coef...
Monday, March 11, 2019

Did Billy Cunningham mention the Trumpster's lousy February jobs number last night?

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If he did I must have missed it. 20,000 jobs in February, worst performance in 9 years, but Billy Cunningham blathered on about how soc...
Friday, March 8, 2019

Trump as state capitalist: Once was a one-off, twice is a Freudian slip

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Trump's brain has no room for the individual qua individual, only for the individual as representative of a brand. The higher reality, ...
Monday, January 14, 2019

Much smaller than first thought to be, the gig economy lies prostrate before the great wall of state capitalism

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"The Gig Economy Increasingly Defines Late-Stage Capitalism Annie Lowrey, Atlantic"    is how Real Clear Markets...
Wednesday, December 19, 2018

State capitalism means rewarding bankrupt Sears executives with $25 million in bonuses

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Tuesday, December 18, 2018

As the flipside version of Chinese state capitalism, it is fitting that fascist America have a show trial now and again

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Monday, September 3, 2018

Like just about everyone else on the left, Joel Kotkin continues to twist himself in pretzels to avoid calling our system what it already is

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State capitalism. It is the socialism of the right, despite what names people may give it. The fascist model in which business and gov...
Monday, August 27, 2018

Martin Wolf for The Financial Times likes business historian Adam Tooze's important new book CRASHED: HOW A DECADE OF FINANCIAL CRISES CHANGED THE WORLD

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See Martin Wolf,  What really went wrong in the 2008 financial crisis? Tooze has been making the rounds at places like Bloomberg  (and...
Wednesday, June 27, 2018

Obama's fascist Larry Summers credits Chinese state capitalism for its advances instead of its thefts

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Here : “You ask me where China's technological progress is coming from. It's coming from terrific entrepreneurs who are gettin...
Tuesday, May 15, 2018

Our fearless leader has become the tool of Chinese state capitalism: "Too many jobs in China lost"

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Obviously the real Donald Trump who in the past might have said "Not enough jobs in China lost!" has disappeared. Sad! Mor...
Wednesday, May 2, 2018

The socialist backlash is coming

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Rasmussen says 46% already favor government guaranteed jobs. Hillary admits 41% of Democrats already are socialists. All it will...
Friday, July 28, 2017

State capitalist cronyism in Wisconsin smells to high heaven: The state will pay $3 billion for Foxconn jobs

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The cost of reelection for Scott Walker, Paul Ryan and Donald Trump. From the story here : What will the State of Wisconsin be pay...
Friday, June 30, 2017

P. J. O'Rourke discovers the limits of individualism, gets wet for (French) state capitalism

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Arianespace. Here . When regular capitalism won't do, there's always the comparatively smaller French state capitalism: ...
Friday, December 4, 2015

"Racist" isn't working against Trump, so now they'll try "fascist"

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Ross Douthat, here , where else?, in The New York Times, attempting to lay the groundwork from the right: 'Whether or not we want ...
Tuesday, November 10, 2015

Trump denounces Chinese state capitalism, throws down gauntlet committing the USA to a policy of containment

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In The Wall Street Journal, today: "China’s economy is controlled by the government. Any notion that their economy is based on ...
Tuesday, December 11, 2012

The Ignorant Statement Of The Day Comes From Jeff Immelt, Chairman Of GE

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The ignorant statement of the day comes from Jeff Immelt, chairman of GE, here : "The one thing that actually works, state run communis...
Tuesday, July 31, 2012

Banking "The Achilles Heel Of Capitalism"? Or The Right's Version Of Socialism?

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There is a term for right-wing socialism, but nobody seems to want to use it because to do so is to indict what we've been living under ...