Michael Hudson: Biden Between BlackRock and a Hard Place

Vampire Squid

Image by DonkeyHotey via Flickr

with Michael Hudson
Writer, Dandelion Salad
October 21, 2021

theAnalysis-news on Oct 20, 2021

The Biden Administration is intertwined with Wall Street but must deliver some election promises to workers. Michael Hudson joins Paul Jay on theAnalysis.news.

Continue reading

Colonialism’s Final Form: Mercenaries and Weaponized Surveillance, by Rainer Shea

The Tactics of Terror, by Kenn Orphan

Screenshot by Dandelion Salad via Flickr

by Rainer Shea
Writer, Dandelion Salad
Rainer Shea: Anti-Imperialist Journalist
August 4, 2021

The world that late-stage capitalism is creating is one where the only stable states—or things that resemble states—will be the fortified high-tech enclaves that the super-rich create in the wake of a collapsed civilization. In the scenarios that some futurists have been anticipating, by the end of this century the only places with reliable electricity are going to be the walled off communities of these elites, guarded by those seeking to be rewarded with food and housing and sustained by a neo-feudal network of farming.

Continue reading

Michael Hudson: Financialization and Deindustrialization

kill capitalism

Image by doubichlou14 via Flickr

by Michael Hudson
Writer, Dandelion Salad
November 10, 2020

theAnalysis-news on Nov 2, 2020

Trump’s economic policies have not addressed the fundamental forces that have gutted industrial jobs under the administrations of both parties, says economist Michael Hudson on theAnalysis.news podcast with Paul Jay.

Continue reading

BlackRock’s Rise Shows the Dark Direction of Monopoly Capitalism, by Rainer Shea

Vampire Squid

Image by DonkeyHotey via Flickr

Updated: July 12, 2020

by Rainer Shea
Writer, Dandelion Salad
Rainer Shea: Anti-Imperialist Journalist, June 30, 2020
July 1, 2020

Matt Taibbi concluded that the 2008 Wall Street bailout had “built a banking system that discriminates against community banks, makes Too Big to Fail banks even Too Bigger to Failier, increases risk, discourages sound business lending and punishes savings by making it even easier and more profitable to chase high-yield investments than to compete for small depositors.” In this post-crash environment, the largest financial institutions gained more of a hegemonic grip than ever, with the five biggest banks having come to own almost half the industry by 2015.

Continue reading

Meet BlackRock, the New Great Vampire Squid, by Ellen Brown

Capitalism Is Crisis

Image by Steffi Reichert via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog, June 22, 2020
June 23, 2020

BlackRock is a global financial giant with customers in 100 countries and its tentacles in major asset classes all over the world; and it now manages the spigots to trillions of bailout dollars from the Federal Reserve. The fate of a large portion of the country’s corporations has been put in the hands of a megalithic private entity with the private capitalist mandate to make as much money as possible for its owners and investors; and that is what it has proceeded to do.

Continue reading