Category: Economics/Class Relations

Part II: Supply Chains No More

By Peter Zeihan Anyone try to buy anything recently? Like, anything? Throughout northern Mexico, parking lots full of finished automobiles (that are just waiting for a few semiconductors) have become common. Year-on-year prices for used cars are up 25 percent — a hands-down record. New models of televisions […]

A Bungle of Boomers

By Peter Zeihan Today, the United States faces its tightest-ever labor force. It is about to get substantially worse. Every country has its own demographic profile, a balance across its entire population structure from children all the way up to retirees. Learn to read that profile and you […]

Hell of Presidents

A reader offers an interesting description of this program: In the latter third or so of this episode from the “Hell of Presidents” podcast (by Matt Christman and Chris Wade of the Chapo Trap House gang), they talk about the current moment in American electoral politics and where […]

Serfing the Planet

By Joel Kotkin Like its global predecessors, the COP26 Glasgow conference will usher in a new wave of apocalyptic warnings about climate change. It will also likely prove no more successful, in terms of actually addressing the issue, than its predecessors, particularly as China, India and other developing […]

Technofeudalism: Explaining to Slavoj Zizek why I think capitalism has evolved into something worse

Some interesting economic analysis from Yanis Varoufakis. I think at least his basic argument is correct. The tech revolution, digital capitalism, the debt economy, financialization, globalization, the expansion of the professional-managerial class, and neoliberalism, along with other forces, have converged to create a new kind of economy.