Naked Capitalism

Questioning the Corporation

A review of the development and current undue power of corporations provides insightful history but goes off the rails on some current issues.

Michael Hudson: Europe's Surrender

Michael Hudson returns to current events in an interview with Nima, focusing on what the Trump tariffs deals mean for Europe, the US and BRICS

Beyond Carbon: The Overlooked Health Benefits of Fuel Taxation

Eco-taxes to reduce fuel emissions not only lower CO2 levels, but also reduce pollution, helping poor neighborhoods the most.

Links 8/10/2025

Satyajit Das: Book Essay – Understanding Iran

A look at modern Iran's grand strategy and the danger of continued Western underestimation.

Links 8/9/2025

Coffee Break: Grifter as Greek God, Palmer Luckey of Anduril

Palmer Luckey, the CEO of autonomous weapons systems maker Anduril, is being heralded as the potential savior of America's defense industry. He's not.

The China Shock Hits Germany

How China was hollowing out Germany's manufacturers before the loss of cheap Russian energy made matters worse.

Alfred McCoy: Controlling the 'World Island'

More on Alfred McCoy re how how H.J. Mckinder's "world island" has shaped Western strategic thinking, here with respect to the Pacific

Coffee Break: Biotech vs. Science, NIH Under New Management, More on Malaria, Dreams of De-Extinction, and an Aside on the State of America

Part the First: Is This How to Do Science? San Diego, with the University of California-San Diego and the Scripps Research Institute leading the way, has been a Biotech/Little Pharma hotspot since the beginning, a strong third behind Boston and the Bay Area. Ups and downs are common, but in the curr

Links 8/8/2025

Federal Reserve, Using Non-Compliant Accounting, Hides Over $100 Billion a Year of Losses and Resulting Negative Equity, Due to Illegal Bank Subsidies

A former Fed economist explains in detail how the central bank has been using dodgy accounting to hide losses from impermissible subsidies

The West’s Ethical Framework Might Not Recover After the Israeli Genocide in Gaza

The Israeli genocide in Gaza violates the Silver Rule, the foundation of nearly all ethical frameworks

As the Colorado River Slowly Dries Up, States Angle for Influence Over Future Water Rights

The wrangling over who gets what out of the Colorado Rivers is one of many escalating fights over ever more scarce water.

Links 8/7/2025

The Sunday Morning Movie Presents: Daughter Of Horror (1957) Run Time: 56m

Daughter of Horror is a movie about a young woman's horrific journey through psychosis...or is it real?

'Disaster in the Making': Trump to Open 401(k)s to Crypto, Private Equity Vultures

"Stuffing private equity, crypto.... into 401(k)s is about propping up scams and bailing out an industry that's run out of buyers"

Skyscrapers of Babel: How Ancient Mesopotamia Shaped the Modern City

In the early 20th century, architects and artists like Hugh Ferriss drew on the myths and monuments of ancient Babylon to imagine futuristic skylines—melding ziggurats with modernism in a visionary blend of the past and the possible.

How States Are Placing Restrictions on AI in the Absence of Strong Federal Regulation

Yves here. On the one hand, it is gratifying to see that some curbs are being put on AI, even if in a piecemeal fashion by states. Restrictions on AI use in medicine, for instance, will tend to have broader impact since most providers are national and will find it too costly to run a [...]

Stagflation Watch for the US Economy as a Whole

Upgrading a US recession watch for the US to a stagflation watch due to inflation even as ISM indexes signal current contraction