Tag: corporate welfare
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Pretty Bubbles Turning Into Grime
Michael Hudson has a new book out so I thought it was high time I posted some thoughts I’ve been meaning to write up about his last one, The Bubble and Beyond. I’ve posted before about Hudson’s 1973 classic Superimperialism, whose analysis of the economic strategy of American Empire was followed by a terrific 1977…
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Corporate Welfare.10: Wrestelmania
I just read an incredible article by Dan O’Sullivan in Jacobin magazine about the abuse of wrestlers by their promoters, and in particular, by Vince McMahon and the WWE, (World Wrestling Entertainment.) I recently wrote about the film The Wrestler as a depiction of how wrestling performs the abuse of workers outside the ring by amplifying…
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Corporate Welfare.9: Markets and Chains
Today I’m posting a link to an article from the blog CivilEats.com by Adrien Schless-Meier called “Why Grocery Store Workers Are Making Less While Big Chains Make More.” It’s a topic on my mind because one of the songs on the record I’m working on is about the economics of supermarkets. The song is called “King Piggly…
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Corporate Welfare.4: Avoid Amazon
Salon.com published a piece today with the provocative title, “Amazon is worse than Walmart.” Their argument centers on the notion that Amazon’s business strategy for years has been to accept near-perennial losses on a quarterly and yearly basis in exchange for achieving a near monopoly size “market share.” Walmart, by contrast, actually makes a profit.…