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Posts on finance, financial institutions, monetary systems, and the role of banking in the economy and society.


The New Masters of Capitalism: Credit Rules The Real Economy

The New Masters of Capitalism: Credit Rules The Real Economy

As finance eclipses production, the real power struggle is not just workers versus owners, but creditors versus debtors.

Banking

+1

STOP BONUSES FOR BANKERS!

STOP BONUSES FOR BANKERS!

Let Banks Serve the Public, Not Themselves

Banking

+1

It’s All About the Balance, Stupid!

It’s All About the Balance, Stupid!

Why did SVB collapse—and why does the state always bail out reckless risk-takers?

Banking

+1

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