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An economy without redistribution, 2/2
Marc Batko An Economy Without Redistribution by Marc Batko (marc1seed@yahoo.com; freetranslations.foundation) An economy without redistribution is a pseudo-economy, a formal economy without dynamic movement or dynamism. Unfettered capitalism assumes a self-healing market and is always disastrous. In the 1960s, corporate taxes provided 40% of federal government revenues. Now in 2025, corporate taxes only supply 7%…
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Nihilism leads to cynicism, 2/1
Marc Batko Nihilism leads to cynicism by Marc Batko (marc1seed@yahoo.com; freetranslations.foundation) How juvenile to call 2.3 million federal employees “leftists” and put them on the chopping block with illegal buyout offers! What happens to teamwork, cooperation, and public spirit? The fairy-tale metaphor of a raging bear storming through a china shop seems appropriate! The market…
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Incompetence blowing up the US Democracy
Incompetence Blowing Up the US Democracy An Open Letter to Donald Trump by Marc Batko (marc1seed@yahoo.com; freetranslations.foundation) Donald, do us a favor and return to your beloved private sector! Deception, trickery, lies, exaggeration and enrichment are the accepted unwritten laws of private enterprise. Buyer beware, regulations are evil, money is a private matter, trickle-down prosperity,…
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100 days, 100 decrees: the radical restructuring of the USA has begun by Harald Neuber, 1/21
According to the US magazine Axios, a flood of up to 100 decrees is planned, with which Trump wants to create facts from day one – primarily in immigration policy. Particularly noteworthy are his plans to abolish the birthright to citizenship, to resume the construction of the border wall and to organize mass deportations. 100…
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Weaponizing the US Dollar by Michael Hudson, 1/12
For the first time in more than a century, the flight to safety is away from the United States, not to it. The U.S. economy has been re-designed to inflate financial gains, even while de-industrializing by outsourcing its labor force. So what seemed to be U.S. industrial has been replaced by financialized de-industrialization. Weaponizing the…
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How Trump 2.0 could herald a new age of authoritarian capitalism, 1/20, 18 pp
Trump 2.0 could herald authoritarian capitalism, 1/20 The specter of authoritarian capitalism is not just haunting the West, it is already here. Can we build the power needed to challenge it? We can only hope the arrival of Trump 2.0 provides the wake-up call.
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Censorship on the quiet by Marc Batko, 1/16/2025
by Marc Batko (marc1seed@yahoo.com; freetranslations.foundation), 1/16/2025 ++++++++++++++++++++++++++ It takes a worried man to sing a worried song. I’m worried now but I won’t be worried long. The Kingston Trio in the 1960s ++++++++++++++++++++++++++ We carry in our hearts the true country and that cannot be stolen. We follow in the steps of…
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Beware the Security State or the Emergency State! by Marc Batko, 1/13/2025
In our world of manufactured consent and elite democracy, the loudest voice is often mistaken for the strongest and most believable voice. Born with a spoon in his mouth, Donald Trump claims to be “the Chosen One” and “doesn’t mind being the Nelson Mandala of our generation. In his two 2017 tax heists, $8 trillion…
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Juli Zeh on the war in Ukraine: Negotiate, don’t wish!
www.indybay.org There seems to be a resurgence of the belief that a balance in geopolitics can only be achieved through deterrence & military strength, while faith in the rule of law and compromise to secure peace is waning. This is wrong. Despite the setbacks we keep experiencing, we must continue to work to secure peace…
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Welcome to 2025 by Peter Radford, 1/13/2025
Welcome to 2025. The first year of Trump 2.0. It promises to be fun — as long as by “fun” we mean chaotic or unpredictable. The dilemma is clear from the torrent of material flooding our various commentariat avenues. Take Janan Ganesh in Thursday’s Financial Times. He has written one of his usual deliberately provocative…