Washington is a black hole into which all sanity is sucked out of government deliberations. Paul Craig Roberts Read Quote
By offshoring the production of their products, U.S. corporations transferred technology, physical plant, and business knowhow to China. Paul Craig Roberts Read Quote
The great problem with corporate capitalism is that publicly owned companies have short time horizons. Unlike a privately owned business, the top executives of a publicly owned corporation generally come to their positions late in life. Consequently, they have a few years in which to make their fortune. Paul Craig Roberts Read Quote
We need a memorial day to commemorate the victims of neoliberal globalization. Paul Craig Roberts Read Quote
Few, if any, corporations absorb the full cost of their operations. Corporations shove many of their costs onto the environment, the public sector, and distant third parties. Paul Craig Roberts Read Quote
Offshoring manufacturing jobs left Americans with fewer high-value-added, well-paid jobs, and the U.S. middle class downsized. Ladders of upward mobility were taken down. Income and wealth distributions worsened. Paul Craig Roberts Read Quote
Progressives regard government as the white knight that protects the public from the greed of capitalists. If only. Paul Craig Roberts Read Quote
Paul Krugman, a professor at MIT and a consultant to the IMF, the World Bank, the United Nations, and the Trilateral Commission, is certainly a member of the establishment. Paul Craig Roberts Read Quote