The Federal Reserve is quietly pumping tens of billions in emergency cash into major banks like JPMorgan and Bank of America to cover sudden shortfalls, a pattern eerily similar to the pre-2008 crash. With new rules allowing virtually unlimited bailouts and banks like JPMorgan caught in a risky silver short squeeze, profits are privatized, but losses are dumped on the public.
A selection of highlights from research published in 2025, on capitalism, imperialism, post-growth and ecosocialist futures. All this work is open access, and free PDFs are available via the link at the end.
October 2025's IMF report reveals a "shifting ground" beneath market calm with the search for yield forcing capital into a shadow banking system of NBFIs.
US and European banks now have approximately $4.5 trillion outstanding in exposure to hedge funds, private credit groups, and other non-bank lenders.
And the signs of stress are now beginning to appear with weak tail of firms already struggling.
China's manufacturing sector advanced steadily under pressure, moving toward innovation and higher quality in 2024. Its manufacturing power index has reached the same range as Germany and Japan, placing China in the second tier of global manufacturing powers and making it the fourth country β after the US, Germany, and Japan β to enter the ranks of global manufacturing powers, according to the 2025 China Manufacturing Power Development Index Report.
I have a pet theory that the West's ideological rejection of material dialectics fundamentally shaped Western approach to economics. It required a new, idealist theory the eschewed the idea systemic behavior, resulting in a modern economic understanding utterly divorced from material reality.
#economics #politics #socialism
A new study reveals rising premature deaths, especially among Black Americans. Many people who pay into the system their whole lives die before ever reaching the eligibility age of 65. This bakes structural inequity into a program meant to be universal.
