The Davos Set’s Most Dangerous Delusion

Conor Lynch / Truthdig Jan 29, 2020 Economist Milton Friedman understood what our global elites either can't or won't: Compassionate capitalism is a contradiction in terms. Dig deeper ( 6 Min. Read )

America Has the Highly Combustible Economy It Deserves

Marshall Auerback / Independent Media Institute Dec 18, 2018 When you build an entire system around the stock market's performance, these are the erratic, frequently disastrous results. Dig deeper ( 6 Min. Read )

Jair Bolsonaro’s Victory in Brazil Carries a Grave Warning for the West

Jacob Sugarman / Truthdig Oct 29, 2018 Liberals have chosen neofascism over mild social democracy. They simply can't be trusted, writes Alex Hocchuli in The Baffler. Dig deeper ( 3 Min. Read )

Prognosis: America 2018

Fangman Michael / Truthdig Feb 13, 2018 Knowledge, organized and available to all motivated voters, can win out. Then we can get our country back. Dig deeper ( 5 Min. Read )

Capitalism: The Nightmare

Paul Street / Truthdig Sep 20, 2017 As American activist Joel Kovel wrote six years ago, "The future will be eco-socialist, because without eco-socialism there will be no future." Dig deeper ( 13 Min. Read )

‘Let Markets Rule Us’

Alexander Reed Kelly / Truthdig May 26, 2014 An old, creepy recording shows the Milton Friedman Choir singing that corporations are society's saviors, that rule and decision making are best left to the so-called free market, and that other moral considerations for the business class should be absolutely gotten rid of. Dig deeper ( 1 Min. Read )

Suffering? Well, You Deserve It

Chris Hedges / Truthdig Mar 3, 2014 An Oxford scholar warns that our outmoded economic model is a "warrant for inflicting pain" first on the poor and minorities and eventually on most of society . Dig deeper ( 10 Min. Read )

Let Nicholas Kristof Damage Your Mind

Alexander Reed Kelly / Truthdig Jun 15, 2013 In a late 2012 PBS series called "Half the Sky: Turning Oppression into Opportunity for Women Worldwide," the lauded New York Times columnist and professional flake "glosses" the harmful "utopian vision" of free-market globalization sold to Americans in a 1980 television broadcast by neoliberal economist Milton Friedman, Anne Elizabeth Moore writes in The Baffler.In an October PBS series, the lauded New York Times columnist and professional flake "glossed" Milton Friedman's harmful and dishonest "utopian vision" of free-market globalization. Dig deeper ( 5 Min. Read )

Michael Hudson Remembers What Margaret Thatcher Did

Alexander Reed Kelly / Truthdig Apr 9, 2013 The deceased prime minister's 11-year rule over the U.K. "was historic mainly by posing the conundrum that has shaped neoliberal politics since 1980: How can governments nurture and endow financial kleptocrats" with the consent of the people? Dig deeper ( 2 Min. Read )

The Anti-Economist: Misleading American History

Alexander Reed Kelly / Truthdig Jan 29, 2013 By ignoring the historic role government played in enabling economic growth, the prevailing myths about how the U.S. became prosperous allow lawmakers, officials and lobbyists to craft policies that prevent the majority of Americans from taking their rightful share of the national wealth, Jeff Madrick writes in Harper’s Magazine. Dig deeper ( 4 Min. Read )

‘NOVA’: Mind Over Money

Staff / Truthdig Mar 17, 2012 Groundbreaking research in behavioral economics may pose the greatest academic threat ever to free-market theory, suggesting that emotions linked to brain chemistry -- not rational self-interest -- play a deciding role in how we spend, save and invest.Groundbreaking research in behavioral economics suggests that emotions linked to brain chemistry—not rational self-interest—play a deciding role in how we spend, save and invest. Dig deeper ( 1 Min. Read )

Waving the ‘Anarcho-Capitalism’ Flag

Staff / Truthdig Jul 18, 2011 It's a theory that seeks the removal of government oversight from any and all economic and social activity, which has been steadily adopted by legislators and policymakers on the right, and some on the left, for the past three decades, and tea partiers may actually be opposed to it. (more) Dig deeper ( 1 Min. Read )