If We Can No Longer Tell the Truth, We’ve Failed CHARLES HUGH SMITH The Gulag Archipelago is not a distant memory; it lives on in every modern state, cloaked with modern-day technologies and the well-worn […]
“Yellow Vests” & The Downward Mobility Of The Middle Class CHARLES HUGH SMITH Capital garners the gains, and labor’s share continues eroding. That’s the story of the 21st century. The middle class, virtually by definition, […]
ER Editor: As Charles Hugh Smith notes, those represented by the Gilets Jaunes have become politically invisible. Part of that invisibility has been to steer the narrative with the help of the MSM in the […]
The Politics of Debt-Serfs and Tax Donkeys: Our Only Choice Is the Least Bad Option The reality is there is no avenue left for advocacy, grievances or redress in a system dominated by global corporations […]
Technocrats Rule: Democracy Is OK As Long As The People Rubberstamp Our Leadership CHARLES HUGH SMITH Charles Hugh Smith makes the case that Technocrats are the guiding hand behind government and industry alike. If you […]
Why The Eurozone And The Euro Are Both Doomed CHARLES HUGH SMITH Papering over the structural imbalances in the Eurozone with endless bailouts will not resolve the fundamental asymmetries. Beneath the permanent whatever it takes “rescue” by […]
Robotics, Karl Marx And The Collapse Of Profits And Capitalism TECHNOCRACY NEWS Finally, someone has correctly pegged the role of Marx, robotics, the destruction of capital and hence, the destruction of Capitalism and Free Enterprise […]
A Radical Critique of Universal Basic Income CHARLES HUGH SMITH Readers have been asking me what I thought of Universal Basic Income (UBI) as the solution to the systemic problem of jobs being replaced by […]
The Problem Isn’t Populism: the Problem Is the Status Quo Has Failed CHARLES HUGH SMITH The top 5% who have benefited so immensely from the consolidation of wealth and power cannot confess the status quo […]
Why GDP Is Fake ERIC ZUESSE Gross Domestic Product, or GDP, is the most commonly used measure and ranking of a nation’s economy. According to the OECD and Wikipedia, its definition is: “an aggregate measure […]
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