Author Archives: Yves Smith
El-Sayed’s Senate Race and the Battle for Working-Class Power in Michigan
The record spending in Michigan to thwart Abdul El-Sayed’s Senate bid is proof of the depth of fear of left wing messaging and policies.
Read more...Europe’s Energy Policy Is Economic Suicide
Europe’s subservience to the US, particularly in energy, is self-destructive yet also deeply embedded.
Read more...Indian Gen Z ‘Cockroach’ Protesters Aim to Upend Assumptions About Democracy – and Populism – in Modi’s India
India’s “cockroach” party continues to gain influence as it identifies and combats shortcomings in democratic practice.
Read more...US Banks Scramble to Shut Down AI Access to Customer Accounts
Banks worry that AI agents are going rogue inside customer accounts.
Read more...“Neoliberalism Is Over”
Neoliberalism, or more accurately, the inequality it was designed to create, has generated major backlash. But will positive change follow?
Read more...Job-Based Health Plan Costs Rise, With Little Relief in Sight
Health insurance cost in the US continue to rise to the sky. Guess what? AI is a big driver.
Read more...Iran War: Iran Believes Attack Imminent as Netanyahu Reported to Persuade Trump to Launch Before Midterms ; Global Stocks Fall as Oil Price Increases Continue
Today’s Iran war news: Markets go wobbly as the date for loudly-signaled US/Israel attacks on Iran nears.
Read more...Book Essay: The Sixth Extinction and the Demise of Biodiversity
Species loss ought to be a topic of paramount importance. Satyajit Das uses a new book on biodiversity, Lost Animal, as a point of departure.
Read more...How’s Your Crapification?
Before following the various US/Western hegemony-defending conflicts became a large task when done properly, we’d occasionally quiz readers on the condition of their economy, meaning personal, local and industry indicators. These queries provided informative sightings that would check the accuracy of official statistics and storylines. It should have occurred to me a long time ago […]
Read more...Democrats Should Get Behind a National AI Data Center Moratorium
Democrats have an opportunity to take real action on AI data centers to protect people and the environment. But will they take the risk?
Read more...Iran War: Iran Hardens Position as Israel Promises Strikes on Energy Infrastructure, US Moves in New Carrier Group; Will Saudis Get Mecca Accord Help?
Today’s Iran war news: Pressures grow as Iran takes a harder posture, Israel vows infrastructure destruction, and Turkiye may back the Saudis
Read more...A Scuff on Your Bag, A Dent in Your Mug – and Suddenly It Feels Like Time for a New One
Why do some people always need new goods, even when the ones they have are just fine?
Read more...Press Coverage of French Protests Broadcasts Neoliberal Message That Markets Matter More Than People
The media is speaking with almost one voice to enforce the neoliberal order: ordinary citizens must submit to the needs of the investor class.
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