Republicans who for years have voted against subsidies for solar and wind power are now eager to have government subsidize coal. Meanwhile, China’s success in renewables grows.
In the first of a two-part conversation, the two intellectuals discuss the shift in the U.S. and U.K. in the late 1970s toward neoliberalism, an ideology that Chomsky (pictured) says claims to increase freedom while actually increasing tyranny.
The writer uses the Hurricane Katrina catastrophe to suggest the upcoming economic, security and weather calamities that Donald Trump and Mike Pence could both cause and exploit.
The Sharing Economy, epitomized by companies such as Uber and Airbnb, "is a movement for deregulation," Tom Slee writes "It's not about building an alternative to a corporate-driven market economy; it's about extending the deregulated free market into new areas of our lives" The Sharing Economy, epitomized by companies such as Uber and Airbnb, "is a movement for deregulation," Tom Slee writes".
“Like all human institutions, markets have strengths and weaknesses,” writes economist Richard Wolff. Exalting them as if they were some ideal mechanism for distributing resources "should be rejected as the self-serving tool of societies' richest operated at the expense of everyone else.”
In this new Gilded Age, Big Tech—along with Big Pharma, giant health insurance companies, Big Agriculture and the largest banks on Wall Street—is dominating our economy and our politics.
In this short clip from a History Channel documentary, the renowned linguist and activist explains how markets actually bring out the worst in humans by turning us into people "dedicated to maximizing individual gain, not social concern."
So-called free market policies, values, and practices with their emphasis on the privatization of public wealth, the elimination of social protections, and the deregulation of economic activity now shape practically every commanding political and economic institution in the United States.