Author Archives: Yves Smith
Rob Urie: No Exit – How Obama’s Bank Bailouts Produced Trump
Profiling the Democratic Party’s doom loop, starting with the Obama “get out of jail free” cards to financiers after the crisis.
Read more...Michael Hudson: Destiny of Civilization – Financialization & Collapse
Michael Hudson explains how industrial capitalism was radical in aiming to free economies and markets from rent-seeking and financialization.
Read more...AI Chatbots Attacks May End the Internet as We Know It
Recently, openDemocracy’s website was brought down by an army of bots, just like Naked Capitalism and other publishers.
Read more...Private Equity Is Coming for Your 401(k)
Private equity has its greedy eyes on a huge pot of money: 401(k) funds and their big ecosystem of service providers.
Read more...Iran Crisis Exposes the Impotence of America’s Neoliberal War Machine
How the porky US military machine is also stretched thin, and what that implies for an Iran conflict.
Read more...Big Tech Accused of AI ‘Greenwashing’
A new report has found that “the promises of planet-saving tech remain hollow”.
Read more...Iran War Watch: Why Trump Looks Primed to Proceed Despite High Odds of US Failure
Why the US looks very likely to be about to go to war with Iran, despite how bad the outcomes will be.
Read more...Russia’s BRICS Sherpa Debunked Speculation About It Turning Into A Security Bloc
Yet another example of BRICS boosters being way out over their skis.
Read more...The Myth of the West: Democracy and the State
Per Thomas Neuburger ‘Democratic’ life began millions of years ago. It died with the birth of the city-state.
Read more...Would Raising Taxes on the Richest New Yorkers Drive Them Away?
What might happen if New York City Mayor Mamdani delivers on increasing income and corporate taxes to the next level?
Read more...Links 2/18/2026
Twin Cities Unions Planning ‘Largest US Rent Strike in 100+ Years’ as ICE Occupation Drives Eviction Crisis
Renters in Minnesota who’ve been afraid to go to work due to ICE thuggery and allies in labor plan a historic rent strike
Read more...One Affordability Battle After Another: What To Do About the AI-Fossil Fuel Industrial Complex
Voters rebel against AI data centers’ electricity costs and fossil fuel pollution, water use, and job loss damage.
Read more...Iran Regime Change Tout Spews NSFW, Misogynistic Abuse When Asked Merely to Stop Spamming
A backer of Iran regime change efforts asked to have his ugly, misogynistic exchange with me published, and I am complying with his wishes.
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