Tag: Profit (economics)

  • The War Profiteers Feast While the Poor Starve

    The world is being reshaped—and disfigured—by those who profit from war. We often describe conflict as a diplomatic failure or a geopolitical tragedy, but beneath these narratives lies a harsher truth: war has become one of the most profitable industries on earth. A small network of corporations, financiers, and political actors grows richer with every […]

  • Techno-Capitalist-Feudalism Is Malthusian to the Core!

    Introduction All rigged markets, all rigged financial-mechanisms, and, as well as, all the rigged authoritarian-structures of techno-capitalist-feudalism, indeed, did achieve their maturity in the early 21st century, through rampant surveillance, social conditioning, and data-collection. Which did prompt some political-economists to announce the effective end of capitalism in favor of a new economic system that is closer […]

  • The Pragmatic-Demolition of  Techno-Feudalism

    One of the greatest tricks capitalism ever played on the global intelligentsia was convincing some of them that it no longer exists, that it is dead and gone, having vanished in plain sight from the face of the earth. And in the last few years, a branch of political economy has risen arguing exactly this, whereby […]

  • A Walk Along the Baiyangdian Lake in the Xiong’an New Area

    Detail of: Ye Wulin (China), 红星颂 (Ode to the Red Star), 2015. Seventy-five years ago, on 1 October 1949, Mao Zedong (1893–1976) announced the creation of the People’s Republic of China (PRC). It is important to note that the Communist Party of China (CPC) did not name the new state the Socialist Republic, but instead […]

  • Is There an Answer to Inflation?

    Is There an Answer to Inflation?

    Inflation is a scourge on those cursed with living under the capitalist order. It especially punishes those least able to weather the pain of constantly falling behind rising prices and expanding debt. Inflation harms nearly all working people whose income growth trails the rise in prices, including those with union contracts that bridge periods of […]

  • The Enablers of Trump’s Rise to Power

    Presently it is very likely that Donald Trump will be the nominee of the Republican Party. Joe Biden will represent the Democrats as the DNC had refused to groom over the last four years or so a much more appealing candidate. This blunder is just one in a series of even more significant failures of […]

  • Blood and Oil in the Orient: A 2023 Update

    Blood and Oil in the Orient: A 2023 Update

    The Hamas-Israel War The 2023 war between Hamas and Israel elicits many different explanations. As with previous regional hostilities, here too, the pundits and commentators have numerous overlapping processes to draw on – from the struggle between the Zionist and Palestinian national movements, to the deep hostility between the Rabbinate and Islamic churches, to the […]

  • Policing and Policy

    To start with an anecdote of my personal intellectual history, I have to recall reading The Gulag Archipelago as a youth. There were two things that impressed me about this work although I later came to view much of the author’s assertions to be questionable and distorted. However, if one reads the entirety of Solzhenitsyn as […]

  • The Profiteering Motive

    Times of crisis can be glorious for some.  The Great Depression bred its share of wealthy profiteers.  The First and Second World Wars fostered many a multimillionaire.  Over the bodies of millions, the returns for armaments companies were unparalleled.  And during the current “cost of living crisis,” as it is so often dubbed, there are […]

  • A Matter of Interest: The RBA, Inflation and Corporate Profits

    He is one of the least empathetic of beings, a cold fish, bothered and irritated. Captured by the cradle of numbers (he is an economist); obsessed by the spreadsheet of projections that may never result, there is not much to recommend the chief of the Reserve Bank of Australia, Philip Lowe. Come to think of […]

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