corporatism

From Wikipedia (section to discuss underlined and bolded): Though the Company was becoming increasingly bold and ambitious in putting down resisting states, it was getting clearer that the Company was incapable of governing the vast…

According to Louis Hernandez, U.S. government policy is geared toward the too big to fail banks and this undermines community banks and Credit Unions which serve small and medium sized businesses. His contention is that there is a vast…

By Frederick Sheehan Former Federal Reserve Chairman Alan Greenspan has once again received space on the editorial pages of the Financial Times. He does not deserve, so shall not receive, a rebuttal. But, it is probably still worth a…

This is really motivated by being incredibly frustrated with what happened a couple of years ago. Obviously there was a financial crisis; that's not what frustrated me. I am one of the naysayers who was not at all surprised there was a…

By Michael Hudson It all seems so long ago! On October 23, 2008, Alan Greenspan choked up a mea culpa for his deregulatory policy as Federal Reserve Chairman. “Those of us who have looked to the self-interest of lending institutions to…

henever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form,…

So the dialling for dollars campaign is under way in U.S. municipalities. I'm talking about the use of eminent domain laws to dispossess property owners of property in order to make way for luxury facilities. This is an ongoing process I…

This is just in from CNBC's John Carney: a key advisor to U.S. President Obama will leave the Federal Housing Authority where he is a regulator of the mortgage industry and make a beeline straight for the industry he once oversaw. When…

This post is designed to be a quick hit but I wanted to put up a few thoughts on corporatism, stimulus and austerity. Consider it an extension of my post "Corporatism masquerading as Liberty". I intend to argue that corporatism is…

The Federal Reserve released the quarterly flow of funds report which allows one to see the debt levels outstanding in the U.S. economy. From the looks of it, deleveraging has not continued apace. UBS' Andy Lees writes: The Fed Z1 flow…