collapse

Has Covid ended the neoliberal era? | Adam Tooze
The long read: The year 2020 exposed the risks and weaknesses of the market-driven global system like never before. It’s hard to avoid the sense that a turning point has been reached ...[Read more]
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Are Americans Just Terrible People?
I lit up a cigarette, and then frowned. Just to our left, maybe twenty feet away, was what looked like a pile of garbage. People were stepping over it. I looked more closely. The pile of garbage was shaking. And moaning. It was, I realized, to my horror, ...[Read more]
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The tide is turning against conservatism as the failures of the greed-based ideology are exposed
Blame the covid. Nothing in the last 40 years has better exposed conservatism's unique weaknesses. Nothing has better exposed liberalism's unique strengths. To be sure, competition and economic self-interest are important qualities, but they cannot be all ...[Read more]
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The American death spiral
Fifty-four years ago, standing at the pulpit of Riverside Church in New York City, Martin Luther King, Jr., delivered his now-famous "Beyond Vietnam" sermon. For the first time in public, he expressed in vehement terms his opposition to the American war i ...[Read more]
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Profiting From COVID Desperation: Oxygen Tanks Become an Underground Market in Mexico
Water became a commodity traded on Wall Street in December amid fear of scarcity, and now oxygen is being speculated on in Mexico. With most hospitals full, many Mexicans are battling COVID-19 at home. Oxygen tanks and oxygen concentrators (devices that ...[Read more]
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Is American Society Collapsing?
Twenty-five years ago, when the high-tech Second Industrial Revolution had just begun, I made a bet with an editor from Wired magazine that global society led by the United States would collapse in the year 2020 from a confluence of causes created by mode ...[Read more]
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Who Profits from the Pandemic?
But now, with the world-system collapsing at breathtaking speed, neoliberalism is at a loss to deal with the next stage of dystopia, ever present in our hyper-connected angst: global mass unemployment. Henry Kissinger, anointed oracle/gatekeeper of the r ...[Read more]
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