‘The threat of one catastrophe is deferred by that of others’ (T. Adorno)
****
We should never lose sight of the bigger picture. The string of geopolitical conflicts …
Read More
Even if almost no one wants to admit it, our “system” is obsolete, and for this reason it is now morphing into a “closed system” – totalitarian in nature. It …
Read More
We have reached the end of 2023 and – a few of us might have noticed – the world economy continues its freefall. The rise in global debt is unstoppable (currently …
Read More
It’s not surprising that the Western media have unilaterally labelled the Hamas October 7 attacks as a “new 9/11”. Of course, they refer to the official story about 9/11, indelibly …
Read More
‘As we transition to a lower energy system (renewables replacing fossil fuels), growth-based economics will be phased out and replaced with something else.’ (Simon Michaux)
***
The first week of …
Read More
Perhaps the best way to grasp the meaning of our New Normal is to frame it as the irreversible paradigm shift towards “crisis capitalism”. The key macroeconomic implication is that …
Read More
What are the drivers of senile capitalism? I will list five of them in no particular order, and then proceed to discuss their interconnections:
We have entered a global cycle of secular inflation that is unique in history. The cynical attempt to preserve a system based on the ontological assumption of permanent monetary injections …
Read More
The acceleration of the “emergency paradigm” since 2020 has a simple yet widely disavowed purpose: to conceal socioeconomic collapse. In today’s metaverse, things are the opposite of what they seem. …
Read More
Hyperreality
Like a textbook illustration of Hollywood continuity editing, the de-escalation of the war on Covid has transitioned seamlessly into the escalation of the Ukrainian war, with Vladimir Putin …
Read More