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Several schools in Washington D.C. on lockdown after receiving threatening emails

It’s not their job to buy you cake Working remotely for the last year has revealed just how much of office culture is accidental, arbitrary, and sexist. May 7, 2021, 11:10 a.m. On Thursday, The Washington Post ran an op-ed by Cathy Merrill, CEO and owner of Washingtonian Media, in which she expressed her fear that employees will want to continue working from home after the pandemic. I am more bothered by the idea that other media executives think like Merrill. If they do, they are hurting their employees and their companies. The op-ed’s original headline was explicit about the connection ...

By Michael Hudson An early Kissinger, Machiavelli presented the amoral choices of realpolitk to his masters. "Financialized industrial capital wants a strong state to serve itself, but not to serve labor, consumers, the environment or long-term social progress at the cost of eroding profits and rents... Nearly half a millennium ago Niccolo Machiavelli’s The Prince described three options for how a conquering power might treat states that it defeated in war but that “have been accustomed to live under their own laws and in freedom: … the first is to ruin them, the next is to reside ther...

Yves here. Michael Hudson said he both enjoyed and very much appreciated the robust discussion among members of the commentariat last weekend about what to call China’s economic model. He’s keen to continue the discussion. To advance that end, Michael has graciously given us a lecture being subtitled in Chinese for release in a few weeks. It summarizes a series of talks and will also be included in his my book to be published later this summer, “The Destiny of Civilization: Industrial Capitalism, Finance Capitalism or Socialism.” As you can see, Michael focuses on finacialization as a...