Month: September 2021

Fears of Stagflation Loom as Job Growth Stalls

Job growth numbers on Friday failed to impress. Economists had predicted job growth in the area of 720,000, but according to the Department of Labor’s estimates, jobs growth for August was only a third of that: 235,000. Commentators called it “terrible news” and the word “stagflation” has started to appear more and more in the media and investor narratives. And there are good reasons to fear that stagflation may be on the horizon…

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The Rise of Economic Fascism in America

When people hear the word “fascism” they naturally think of its ugly racism and anti-Semitism as practiced by the totalitarian regimes of Mussolini and Hitler. But there was also an economic policy component of fascism, known as “corporatism,” that was an essential ingredient of economic totalitarianism. In the United States the word fascism may no longer be politically acceptable, but its synonym “industrial policy” is as popular as ever.

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CHANGE LANGUAGE/CAMBIAR IDIOMA

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