All articles from Naked Capitalism
From Al-Qaeda to Antifa: “Phantom Terror” Turned Inward and the Rise of a New State
Politics begins by naming an enemy; the state depends on it. Calling Antifa “terrorist” could be the tool to redefine both politics and power
Naked Capitalism Fundraiser 2025: Finding High Ground as the Tsunami Rolls In
Fundraiser 2025 begins! Help make it our best ever!
Fundraiser 2025: What We Did for You in the Past Year
It may sound immodest, but we really did rise to the occasion of the 2025 madness. Support this fundraiser so we can do even more in 2026!
AI Will Soon Have a Say in Approving or Denying Medicare Treatments
The Trump Administration plans to launch a new war against citizens, here via a pilot scheme to use AI to cut Medicare services.
Links 9/25/2025
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Satyajit Das: Stablecoins – Invention Looking For A Problem?
Satyajit Das sets forth the very strong case against stablecoin.
NATO Might Try to Down Russian Jets on The False Pretext That They Violated Its Airspace
Why some European members of NATO might attempt the reckless escalation of attacking Russian military assets.
How the First Amendment Protects Americans’ Speech − and How It Does Not
A law professor gives an overview of the extent of and limits on First Amendment rights.
Coffee Break: Palantir, Peter Thiel, Alex Karp, and the Antichrist
Palantir co-founders Peter Thiel and Alex Karp almost embody the zeitgeist of 2025 with Palantir's use of AI for ICE and the IDF, their Trump affiliations, and their outspoken views on the Antichrist
Wall Street’s Deregulation Agenda Will Cost Everyday Americans Everything
Trump administration financial deregulation, eliminating services and eviscerating oversight and enforcement, sets people up for harm
Links 9/24/2025
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Politics, Government, and Science During Pandemic Times
When asked in early 2000 how long I thought COVID-19 would last, I answered three years. Alas, it has now been nearly six years since a frightening respiratory disease was first noticed in Hubei Prov
US Medical Care Set to Fracture Over MAHA as States and Physicians Groups Break With Administration Recommendations, Plan to Fund Own Research
How an informational civil war is starting in the wake of MAHA.
Small Nuclear Reactors Will Not Save The Day
Debunking small nuclear reactor hype.
Coffee Break: Armed Madhouse – Laser Weapons
High-energy laser weapons (HELs) are moving from lab demos to real defenses. Israel’s Iron Beam—likely the first HEL to see combat—promises near-zero cost per shot against drones and short-range rocke
Trump’s Chabahar Sanctions Waiver Revocation & Bagram Airbase Talk Pile Pressure on India
The US decided that India’s rise as a Great Power must be derailed and it’ll pursue this by all possible means.
Links 9/23/2025
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Quelle Surprise: UK’s Keir Starmer Government Goes All In On Digital Identity
The government is finally admitting the truth: it wants to launch a universal digital ID dubbed "Britcard" -- despite the fact it's a smartphone app.
The Karl Marx Question
Karl Marx has aged well. What happens if you take his analysis seriously?
War Signals, Quiet Channels, and Venezuela’s Discounted Barrels
An analyst in Caracas tries to make sense of Trump's aggression against Venezuela.
Coffee Break: Impunity, Incompetence, and Maybe Insight Into How Trump Works
This past week the Trump administration has put on a bravura display of impunity and seeming incompetence, but perhaps we can glean some insight into how they function.
U.S. Military Leaders Plan to Use the Killing of Charlie Kirk to Boost Recruitment. Will It Work?
The armed forces face much bigger problems than can be solved by a useful martyr and a catchy slogan.
Links 9/22/2025
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“BRICS Are the New Defenders of Free Trade, the WTO, the IMF and the World Bank” and Supporting Genocide by Continuing to Trade with Israel
Discussions of how BRICS is not living up to its lofty promises and is on the path to supporting neoliberalism and hegemony in new clothes
Proof of AI Garbage In, Garbage Out: Incorrect Results Traced to Reddit and Quora
As bad as you thought AI was, it's worse.
Banks Can’t Survive Climate Change
Richard Murphy argues a massive banking collapse is coming — and the cause isn’t speculation this time. It’s climate change.
Untitled
The Villa of Reduced Circumstances is still facing tough times, but the CEO (that is me) and the Ambassador to the Democratic Republic of Felines (that is also me when I have to negotiate with the nei
Links 9/21/2025
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The Sunday Morning Movie Presents: The Shooting (1966) Run Time 1H 21M
The Shooting is a movie about desperation and revenge set in the Old West.
A Walk Across Alaska’s Arctic Sea Ice Brings to Life the Losses That Appear in Climate Data
A climate scientist gets a firsthand look at the results of the data they've been tracking for a decade.
Links 9/20/2025
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The Dollar: Ripples Presaging a Financial Tsunami
A detailed analysis of the poor prospects for dollar hegemony and the forces that could trigger a sharp unwind.
The Ukrainian Ambassador to Poland Admitted That His Co-Ethnics Don’t Want to Assimilate
Poland-Ukraine frictions are at odds with some possible end-of-Ukraine-conflict schemes.
Coffee Break: The Next Surgeon General, Gene Therapy, Ozone Hole Closes, Daylight Saving Time, and American Socialism
Part the First: The Next Surgeon General Prepares for her Closeup. In a surprise to absolutely no one, Casey Means MD discloses financial ties to supplement industry. New financial disclosures from s
Michael Hudson: Trump’s Destruction of US Economy, Starting with Agriculture
How Trump’s policies are destroying key elements of U.S. economic prosperity, with agriculture as a canary in the coal mine.
Links 9/19/2025
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US Expands Scope of Its (Fake) War on Drug Cartels to Colombia; Colombia Responds By Threatening to Stop Buying US Weapons
Is this the beginning of another US-sponsored coup?
Trump Administration, Jimmy Kimmel, and Media Brownshirting
Like it or not, the FCC had ABC and Disney completely over barrel in the Jimmy Kimmel ouster.
AI Chatbots Need Guardrails to Protect Users’ Mental Health
Chatbots are designed to be addictive and have produced psychotic behavior. But suppliers have yet to implement protective features.
Israel’s Attack on Qatar Shows What Gulf States Have Yet to Grasp
It’s a cruel irony that Qatar has been bombed twice in the last three months by two sworn enemies, first by Iran and then by Israel. Neither has received kinetic retaliation from the very power suppos
Trump UK State Visit Demonstrates That the Power Elite Has Drawn Up the Drawbridge Over Safety Fears
The handling of Trump's UK state visit confirms elite insecurity and safety fears. Like many Trump and UK/EU moves, crackdowns may backfire
Links 9/18/2025
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Quelle Surprise! CEOs Overwhelmingly Negative on Trump’s Economic Policies as Shallow Fed Rate Cut Confirms Stagflation Worries
Even a bastion of Republican support, CEOs, has soured on Trump's economic policies, as the damage to regular citizens mounts.
Michael Hudson: Who Writes the New Rules as Power Shifts Away from the US?
Michael Hudson discusses many of the responses to the US loss of economic dominance, from Europe's self-immolation to China's lending.
Prison Labor: The Last Stronghold of Slavery in the US
Black Americans are disproportionately incarcerated and exploited with prison labor. It’s time to finish abolition
Coffee Break: Competence, Corruption and Control Limit Administrative Ambition
Does the corrupt Trump administration have the competence and control to impose its will?
How Private Equity Is Corroding Education in the UK
The Government is standing by as foreign private equity firms buy up UK universities. This should be a major concern
Links 9/17/2025
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Netanyahu Depicts Grim Economic Future for Israel, Need to Become an Autarky, “Super Sparta” Due to Isolation; Are There More Meanings?
Netanyahu really did admit Israel is on the ropes economicaly, even though he then tried to walk it back. What might have been the prompt?
Are Israel and Türkiye on a Collision Course or Parallel Tracks?
As the war of words escalates between Türkiye and Israel, cooperation remains steady as ever. Is that about to change or is the friction largely theater as Israel preps for another go at regime change
Thomas Neuburger: We’ve Just Crowned a King. What Next?
Thanks to John Roberts and friends, the idea that the President have been elevated to king-level authority is not an exaggeration.
Coffee Break: Armed Madhouse – Plinking Narcos
The Trump administration’s stepped-up military actions in Latin America resemble “plinking”—casual target practice against weak opponents. From strikes on drug traffickers to potential aggression towa
Trump to Give CEOs Even More Power Versus Investors Via Ending Quarterly Reporting, Other Anti-Transparency Measures
Trump is again weakening America's position to the benefit of the privileged few, here public company CEOs
Links 9/16/2025
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It Finally Happens: Spain Rebels Against Israel and Its Genocide in Gaza
The BDS (Boycott, Divest and Sanctions) movement appears to be going from strength to strength. As with South Africa, it is largely a bottom-up process.
‘Incredible Corruption’: Blockbuster Report on Trump Crypto Grift Leaves Observers Stunned
The New York Times described how the UAE got a real solid from Trump after a monster investment in Trump's family crypto venture.
U.S. Automakers Navigate Rising Metal Costs and Supply Woes
Beleagured US automakers, who remain important employers, face new tsuris in tariff costs and scarcity of key minerals.
Coffee Break: Doomscrolling the Influencer Apocalypse
The influencer apocalypse triggered by the assassination of influencer Charlie Kirk is the biggest American moral panic since 2001, but the right-wing may not be able to control what has been unleashe
Despite Recent “Pin the Tail on the European Donkey” Moves, Trump Unlikely to Escape Accusation of Losing Ukraine War
Despite a possible tactical success versus Ukraine warmongers, Trump can't escape owning the war and going down as the President that lost it
Links 9/15/2025
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US Explores Its Options for Destabilization in Georgia
More sanctions are under discussion as Ukraine SBU is accused of smuggling explosives into Georgia.
China Continues Its Steady Expansion Into Central Asia On The Sidelines Of Big Summits
The US foreign policy establishment begins to wake up to the reality of China's dominance in Central Asia.
Hoisted from Comments: “Nuclear Waste Is a Myth the US Promoted….”
Why nuclear waste is a choice, not a necessity.
Links 9/14/2025
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The Sunday Morning Movie Presents: Uncle Vanya (1970) Run Time: 1H 42M
Uncle Vanya is a movie about the boredom and desperation of a 19th. century Russian family.
“The Wider Benefits of Choosing Life Off the Grid”
An argument that going off the grid is about a lot more than solar power and gardens.
Links 9/13/2025
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How Student Loans Became America’s Financial Catastrophe
How student loans became a vehicle for higher educational profiteering and exploitation of students.
Satyajit Das: On Reading – Textual Pleasures
On the role of reading, particulalry for book lovers.
Coffee Break: Vaccine “Side Effects,” Outdated Theory of Disease, “Life” on Mars, and More on Liberalism
Part the First: Unintended Side Effects of Vaccines. From Science-Based Medicine this week: Unintended Side Effects HPV and Shingles Vaccines—Reason for Concern. This headline is genius in its indir
Are We Offloading Critical Thinking to AI Chatbots?
Research, much of it by companies with deep investment in AI, suggests that chatbot interactions alter how users think.
Links 9/12/2025
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As US’ Case Against Venezuela Unravels, Trump Administration Escalates Its War Footing Anyway
The escalation, as we've argued, has nothing to do with the drugs trade and everything to do with Venezuela's huge deposits of oil, gas, gold and other minerals.