The Need for Class Warfare
The media, including here at Substack, has been filled with bleatings about the Democratic Party’s whipping at the hands of Trump and his billionaires. There […]
Economy
Financialization and going off the rails with Norfolk Southern
Financialization is an awful word. It sounds clumsy in the mouth and refers to a process that has been underway for over 40 years but […]
Insecurities for the Bottom 90% of the US Population – part 2 – Jobs
This is part of the series on the insecurities produced by American capitalism for most Americans The Insecurities of Jobs Employment insecurity is the first […]
What is financialization and why does it matter? – part 3
Changes in Economic Policy and Regulation In two earlier posts, “What is financialization and why does it matter? – part 1” and “What is financialization […]
What is financialization and why does it matter? – Part 2
Changes in the behavior of nonfinancial corporations – the real economy In Part 1 we reviewed the definition of financialization and “Changes in the structure […]
Polycrisis
Today, I came across this article on Medium: The Rich Are Hoarding Wealth—Because They Know What’s Coming by Angus Peterson. I have regularly referred to […]
What to do about the past 50 years of American life – policy suggestions
A reader of my recent post, “Bernie Sanders got much right about our current situation….” commented: “Thank you Mark for validating what we know to […]
Massachusetts New Law to Regulate Private Equity in Healthcare
Background Cerberus Capital, a private equity firm, began buying several hospitals in Massachusetts in 2010. In 2015, Cerberus sold most of its hospitals’ property to […]
Economists Are in the Wilderness. Can They Find a Way Back to Influence? – from the NYTimes
Ben Casselman wrote this piece in the 1.10.2025 NYTimes: “Economists Are in the Wilderness. Can They Find a Way Back to Influence?” The article cites […]
Economists Are in the Wilderness. Can They Find a Way Back to Influence? – from the NYTimes
Ben Casselman wrote this piece in the 1.10.2025 NYTimes: “Economists Are in the Wilderness. Can They Find a Way Back to Influence?” The article cites […]