The Bloomberg Pitch

Thomas Friedman is a very slick writer who always promotes the interests of the political economy of the corporate elite while genuflecting to liberal causes. He has done it again in his latest opinion piece in the New York Times. That’s why Friedman is so popular among Times readers, so many of whom are of … More The Bloomberg Pitch

Let’s Get Real: What is Sustainable in Markets, the Biosphere, and Society?

In a number of posts, I have discussed various social illusions such as the idea that the extractive industrial consumer economy could just keep growing permanently, as so many economists implicitly insist. That deeply flawed illusion rests on some equally defective assumptions. Many people also believe that as industrial materials reach a state of depletion … More Let’s Get Real: What is Sustainable in Markets, the Biosphere, and Society?

Traitor, Treason, Treachery, or Mere Trumpery

A president can be impeached, tried, and removed from office for “high crimes and misdemeanors,” including bribery and treason. That seems clear on the surface, but what specific acts fall within these categories? Well, that is less clear, but a lot of hints are out there. Let’s consider a couple of examples. Bribery seems clear-cut. You … More Traitor, Treason, Treachery, or Mere Trumpery

Stranded Assets and Planetary Liabilities

When investment banks talk of the known reserves of oil and gas that may be left in the ground if climate policy ever were to sequester them, they call them potentially “stranded assets.” The investment banks that finance exploitation, drilling, fracking, and pipelines, see all forms of petroleum only as financial values once inserted into … More Stranded Assets and Planetary Liabilities

The Medicare-for-All Terror Trope

What’s so complicated about Medicare for All, one might ask, especially since only two real factors are involved: coverage and funding. However, big money in politics is never simple. The so-called “moderate” Democratic candidates for the party’s presidential nomination, who are in the “deep pockets” of Big Money donors, have made healthcare reform quite complicated. … More The Medicare-for-All Terror Trope

COP25 Madrid: Another Failure for the UN and the World

Secretary-General of the UN, António Guterres, said in a tweet as COP25 closed, “I am disappointed with the results of #COP25. The international community lost an important opportunity to show increased ambition on mitigation, adaptation & finance to tackle the climate crisis. But we must not give up, and I will not give up.” That … More COP25 Madrid: Another Failure for the UN and the World