Capitalism
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The Ghost in the Machine. Artificial Intelligence and the Spectral Ontology of Value
Last February, I publicly questioned the existence of Jianwei Xun, an author who published a best-selling, critically acclaimed book titled Hypnocracy: Trump, Musk and the New Architecture of Reality. On his website and on academia.org — the original version of his profile can now be found only on Internet Archive — he claimed to be… Continue reading
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WHO IS WINNING THE TARIFF WAR, CHINA OR THE USA?
There is beginning to be sufficient evidence to draw tentative estimates of who is winning the war. This article examines the initial results. The real difficulty lies with Trump himself because he changes his positions virtually daily making commenting on developments awkward. Continue reading
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Trump’s tariffs hurt the US much more than China – Economist Michael Hudson explains
Donald Trump’s tariffs benefit rich elites at the expense of the majority, argues economist Michael Hudson. He explains how the trade war on China is isolating the US, while encouraging alternatives. Continue reading
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The Curse of Private Equity & The PE Mindset
The Private Equity (PE) BS shtick is that private equity investors and managers will be driven to find greater efficiencies, and deliver better services and develop better products due to the pressure of the massive amount of debt taken on to purchase a target company. This ignores the fact that the debt is taken on… Continue reading
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The global communist resurgence, capital’s great crackdown, & the era of civil wars that we’ll need to navigate
We are in the transitional stage between when the USA started off its own demise, and when the global working class has won its final victory. Washington was the true loser of the Cold War; its self-destructive imperial schemes guaranteed that the U.S. would keep losing influence, and that communism would keep rising. Continue reading
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Oligarchy and the subversion of democracy–warnings from South Africa
The world has an oligarchy problem. It threatens economic and social stability and accelerates planetary environmental destruction and global warming. While much has been written about Russian oligarchs, it has become clear that the West, particularly the U.S., has a similar and growing oligarchy problem. Thom Hartmann writes how ” The American Oligarchs Have Arrived… Continue reading
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IT’S THE BOND MARKET STUPID. TRUMP MEETS HIS MAKER
This is the final article for what was one of the most eventful weeks in the financial markets since the onset of the pandemic. At least then it was known the virus could kill, now nothing is known about what the Trump virus is up to. Trump has a proud record. Of the last ten… Continue reading
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Rearmament: The Charade and the Game of Chicken
To understand the reasons for the charade that played out in the Oval Office of the White House on February 28, it is advisable to look at what happened in Germany just a few hours later: Friedrich Merz, chancellor-in-waiting and a former BlackRock executive, announced a $900 billion package – twice Germany’s annual federal budget… Continue reading
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Trump’s slump
Today, President Donald Trump implemented his new range of tariffs on US imports called reciprocal tariffs. In addition to those announced last Wednesday (Liberation day), Trump included an extra levy on Chinese imports in retaliation to China’s decision to impose a 34% tariff on US imports, which in turn was a retaliation against Trump’s 34%… Continue reading
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Worst Case Scenario: Trump’s Tariffs Walling US Off Ahead of Wider World Conflict
With the rollout of sweeping US tariffs aimed at nations worldwide, economists and geopolitical analysts alike are astounded by what at face value looks like irrational self-sabotage attributed to incompetence within the White House. Continue reading
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American tariffs and the return to ‘fair trade’
US President Trump has referred frequently to “fair trade” instead of “free trade”, and tariffs have become his preferred economic instrument to elevate the US in the international economy. What is the economic history behind these ideas and are they likely to succeed? Continue reading
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SUPPLEMENTARY REMARKS AS THURSDAY’S MARKET ROUT EXTENDS INTO FRIDAY
Friday, 4 April 2025 — ucanbpolitical The rout in the markets continued on Friday. One cause was China’s retaliation including slapping 34% retaliatory tariffs on US goods. It’s something I pointed to in my preceding article under the heading; the three conditions needed to precipitate an actual Crash. Whether countries rebuff the US or capitulate Continue reading
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Trump’s tariffs – some facts and consequences (from various sources)
The overall impact of Trump’s tariff hikes is to raise the average tariff rate on US goods imports to 26%, the highest level in 130 years. Continue reading
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Decline of Economy and Empire
I had a conversation with Professor of Economics Richard Wolff, a renowned critic of contemporary capitalism and a leading proponent of alternative economic models. We discussed the economic exhaustion and imperial overstretch by the US, which has now reached a critical point. The US has accumulated unsustainable debt and has excessive economic inequality, which has… Continue reading
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TRUMP CREATES A TARRIFIED WORLD WHICH WILL NOT MAKE AMERICA GREAT, BUT BREAK IT.
There are tariffs and there are tariffs. Tariffs applied to a youthful capitalism are to be sharply distinguished from those applied to a geriatric capitalism. The former is designed to catch up, the latter to stop falling further behind. A rising capitalism in an expanding world market can use tariffs as a means of shielding… Continue reading
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Tariff Mania: The US Helps China Destroy The Western Vassals
In recent years China has moved up the value chain while also selling more and more China-brand products as it moves beyond just being a cheap manufacturer for foreign brands. This deeply threatens the industrial strength of Germany, Japan, South Korea and Taiwan as well as other European nations. These vassal nations are the buttress… Continue reading
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‘The energy industry is taking us for April fools’
The End Fuel Poverty Coalition examined the accounts of 20 firms that produce, supply and distribute energy, and discovered that they pocketed more than £514 billion over the last five years. Continue reading
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The Postil Magazine – April 2025
Tuesday, 1 April 2025 — The Postil Magazine Welcome to our April edition, in which we bring you an array of topics and perhaps even analyses that you may not find elsewhere. (To access the new articles, please click on the highlighted text in the descriptions that follows). Continue reading
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Fake ‘populism’: How Trump’s billionaire admin serves the rich, and hurts everyone else
Donald Trump’s policies benefit wealthy elites at the expense of everyone else. His administration includes 13 billionaires, and he is cutting taxes on the rich while increasing them on the poor. Continue reading
The New Dark Age 