U.S. Defense Contractors under Pressure

In a republic, which is characterized by representative rather than direct democracy and includes checks on even the elected representatives, private interests, such as corporations that manufacture weapons purchased by the government, undue the very legitimacy and public good of a republic when the elected (and appointed) public officials capitulate to those interests because those interests are of a part rather than the whole. The profit calculus of a defense contractor is not necessarily in line with the national interests of the country in which the corporation operates. Furthermore, acquiescing to the relatively narrow private benefit of corporations places an elected official in the position of possibly betraying one’s constituents and even the national security—the public good—of the whole, the country. It is in the political (and even financial) interests of such officials to hide or obscure their motives in voting on a defense budget by using “real threats abroad” as a subterfuge to increase defense spending going to contractors in payment for more weapons. The threats may be real or not. How would an electorate possibly know without access to classified information? Adam Smith wrote of his concern that governments and capitalists would collude to shortchange labor. The collusion can also be at the expense of an electorate and even a republic itself. In response to Elizabeth Willing Powel’s question on what sort of government the U.S. Constitutional Convention had just proposed, Ben Franklin is said to have replied, “A republic, if you can keep it.” The People may be at a considerable disadvantage without realizing it if distant collusion is financially and politically sufficiently concentrated and furtive under subterfuges of public-policy ideals.

The full essay is at "U.S. Defense Contractors under Pressure."

California and the Eleven Dwarfs Take on the Paramount-Warner Bros Merger

In Wealth of Nations, Adam Smith foresees that capitalist industrialists could collude with government at the expense of labor. In On the Genealogy of Morals, Friedrich Nietzsche argues that keeping laborers to a subsistence wage is necessary for capitalists to have enough wealth accumulated to invest in culture. Rather than being immoral, exploitation is simply part of life and thus the resulting economic inequality cannot be removed at its source. Low wages may simply be a feature of how labor supply typically relates to business demand for workers, whereas highly educated professionals are not so numerous and can demand higher compensation. Meanwhile, what about consumers as capitalist industrialists continue to accumulate capital in part by being able to pay large workforces subsistence wages and engage in mergers and acquisitions, such that competitive markets are turned into oligopolies and even, as in the case of Rockefeller’s Standard Oil in the 1870s, monopolies capable of extracting “monopoly rents”? In the U.S., the Sherman and Clayton Acts in the early 1900s were oriented to safeguarding competitive markets from being undermined by business titans, but enforcing those federal laws would seem to fly in the face of collusion between capitalists and their respective governments. As a case in point, the U.S. Justice Department gave the green light to Paramount’s take-over of Warner Brothers/Discovery even as President Trump had a financial interest in the deal going through. In the American federal system, the state governments could act as a check, and on July 13, 2026, the announcement came that California plus eleven other states, led by their respective attorneys general, filed a lawsuit challenging the merger on the basis that it would violate Section 7 of the Clayton Act. American consumers had reason to be thankful that they were still in a federal republic of republics, even though the growth of power at the federal level had nearly eclipsed the federalism, at least as it was originally intended—as enabling checks by the feds on the states and vice versa.

The full essay is at "California and the Eleven Dwarfs Take on the Paramount-Warner Bros Merger."

On the Politics of International Real-Estate Projects: The Case of Albania

During times of global peace, it is easy to suppose that increased economic interdependency between countries reduce the likelihood of war due to the ramifications on the business projects. By a similar logic by analogy, a couple could suppose that by getting married, the increased interdependence would make breaking up more difficult, and thus less likely. What is overlooked here is that emotions, whether in a romantic relationship or between governments, can, if allowed to go unchecked, break through the parchment barriers that we set up as if they could constrain even intense, ongoing emotions. A couple using marriage as a substitute for going to couples-counseling could actually make a break-up more likely once in the marriage. Similarly, peace abroad and domestic tranquility can be thwarted by international real-estate development projects themselves. Such a situation was unfolding in Albania in mid-2026.

The full essay is at "On the Politics of International Real-Estate Projects."

Regulatory Capture and the Public Interest: The FDA

The head of the Food and Drug Administration, Marty Makary, “resigned” in May, 2026 even though the decision had been made by U.S. Health and Human Services Secretary Robert Kennedy “and then the White House signed off on it.”[1] Although Makary had been annoyance to drug-company executives, and to that extent his removal was due to pressure on President Trump by the CEOs, his “resignation” supports the theory of regulatory capture, wherein the regulated companies control the very regulatory agencies (and regulators therein) that regulate those companies, this case shows that it is possible for an industry’s interests to be aligned with the public (health) interest. Does the alignment regarding getting rid of a particular regulator lessen the unethical quality of the broader conflict of interest between business and government?

The full essay is at "Regulatory Capture and the Public Interest."

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1.  Matthew Perrone and Seung Min Kim, “Trump FDA Chief Is Leaving After Angering Pharma CEOs, Vaping Lobbyists and Anti-Abortion Groups,” APnews.com, May 12, 2026.

The E.U. and U.S.: Equal Partners

In 2026, even though the U.S. had 50 member-states and the E.U. had only 27 states, both unions were large enough to constitute what in historical terms, with the European early-modern rather than (the smaller) medieval kingdoms in mind, empire-scale republics. As long as elected representatives hold office at the federal level in both political unions, both unions can be said to be republics (as well as containing republics—or, as Ken Wheare wrote in Federal Government, “wheels within a larger wheel”). Were either union to have only five or so states, the empire definition would not be satisfied. Also, that definition includes the requirement of cultural heterogeneity between (as distinct from within) the states. Being on the same (empire) scale is just one of several ways in which the two unions belong to the same political type. It was in this respect rather than based on the sheer number of states that Sophie Wilmes, vice-president of the European Parliament, said that the U.S. should not regard the E.U. as a little sister (i.e., a junior partner). I contend that she was correct.

The full essay is at "The E.U. and U.S."

Homelessness in the E.U.: Rectifying a Right

In late 2025, the E.U. Commission presented its first European Affordable Housing Plan. The E.U.’s involvement in “social housing,” which translates into federal funds being used to provide housing beyond homeless shelters for people who cannot afford to house themselves, implies that the programs of the states had been insufficient. The U.S. could take a lesson from the Commission’s plan, which is cleverly multi-pronged in tackling the societal problem. Both in the E.U. and U.S., both federal and state funds were needed even in 2025 when neither economy was in recession. It is better to increase the supply of affordable housing when times are good than when unemployment is soaring. This is an exception in the E.U. to the usual pattern wherein the E.U. increases its competencies, or enumerated powers, in periods of one crisis or another. Russia’s multi-year invasion of Ukraine, which borders the E.U., and the Union’s foreign and defense activity demonstrate how European integration has typically been enhanced by crisis rather than when times are good.

The full essay is at "Homelessness in the E.U."

Russia’s Bottom-Line on Ukraine

As American, Ukrainian, and Russian negotiating delegations were flying around the world in early December, 2025 to conduct various negotiating sessions, all the while without the presidents of Russia and Ukraine meeting, it was difficult for bystanders to keep an eye on the proverbial ball as it was being kicked around by offers and counter-offers, and complicated by the high-profiled presence of the businessman, Jared Kushner, who happened to be married to one of U.S. President Trump’s daughters. Kushner was also highly visible in the negotiations on Gaza, which almost certainly included real-estate development. To be sure, commercial and investment deals can easily remain subterranean while the public discourse stays on the political relations between nations, and even just the latter may lack transparency. Democratic accountability in democratic republics as concerning the conduct and results of foreign policy can be difficult. Especially difficult to gauge was the hand being closely held by Russia’s President Putin. I contend that his willingness to negotiate was consistently overestimated by the West and Ukraine.

The full essay is at "Russia's Bottom-Line on Ukraine." 

Complexity in Global Warming: On the Imprint of Pride

It would be incorrect to claim that the planet’s atmosphere and oceans are both getting warmer in a linear, across-the-board way. The existence of exceptions, such as the slightly cooler average summers in some places in the interior of North America, no longer allows for credible claims of climate-change denial, an agenda that was financed and promoted in part by fossil-fuel companies in the U.S. and E.U. before being totally repudiated by science. Indeed, the credibility of natural science vastly exceeds that of corporations with vested financial interests. Rather than discuss those, which have become better known to the public, I want to describe the sheer complexity of a generally warming planet, which is rarely adequately grasped by non-scientists, and delve into the sordid self-love that I contend is ultimately behind global warming. 

The full essay is at "Complexity in Global Warming."

Wealth and Ethics in American Fiscal Policy

In a struggle between wealth and ethics, practically speaking the former tends overwhelmingly to win hands down, even if the form of government is at least nominally a representative democracy, but in fact an oligarchy or plutocracy. The influence of the moneyed interest both in the E.U. and U.S. is likely much stronger than most of the respective citizenries know. When the poorest of the poor are to be made worse off financially by cuts in certain government programs while defense contractor companies stand to get more, which tends to mean higher bonuses for executives (and campaign contributions for elected representatives), the skew toward the gilded and away from the most vulnerable economically can be viewed as an x-ray of sorts indicative of rule by wealth rather than by the People. U.S. President Trump’s fiscal budget enacted in 2025 is a case in point by which the questionable morality of the plutocracy or oligopoly form of government can be gleaned.

 

The full essay is at "Wealth and Ethics in American Fiscal Policy."

Elon Musk’s Controversial Politics: Beyond the Financials

As U.S. President Trump signed his “Big Beautiful Bill” into law on July 4, 2025, Elon Musk, shareholder and CEO of Tesla, announced that he would create a new political party (or “group” in European-speak). Musk opposed the projected trillions of dollars that the bill would add to the debt held by the U.S. federal government, though, as CEO of SpaceX, he was fine with cutting a trillion dollars from Medicaid, which provides health coverage to the poorest of the poor, and from food assistance while the defense budget was augmented. Musk’s proposed “America” group would likely draw support from Trump’s “MAGA” base, rather than from moderate Republicans and any Democrats. Whether Musk was more motivated by breaking up the political duopoly of the two major parties, or groups, to increase the practical options for voters or to split Trump’s support and punish the Republican party, such controversial political involvement by a major shareholder CEO is without doubt risky business. This is not to say that CEO’s should not be active politically apart from business strategy, for even business managers are citizens and thus may feel compelled to become active politically. This is to be lauded especially if the motive is out of duty to repair or otherwise improve a political system.

The full essay is at "Elon Musk's Controversial Politics."

Don't Look Up

The film, Don’t Look Up, is a most interesting film not only for how it relates science to political economy, but also in that images of wildlife—Nature, as it were—are interspersed throughout the movie, and it is Nature, rather than our circumscribed, petty, and yet economically successful species, that continues on after a large comet hits Earth and our species is wiped out. In fact, that impact-event in the movie cancels out the one that really happened 66 million years ago by returning dinosaurs to dominance. The last scene in the movie shows some of the political and economic elite waking up in their spaceship and landing on Earth more than 200,000 years in the future only to be eaten by dinosaurs that look "cute." two of those stupid people had been in charge both in the White House and in business before the comet hits, whereas the two principal astronomer-scientists who warn of the coming comet are repeatedly relegated and dismissed by the political and economic elite until the president realizes how she can use them politically—albeit just until the political winds turn again and comet-denial is more useful politically to the president. Does this sound familiar?  

The full essay is at "Don't Look Up."

Musk vs. Trump: American Business and Government at Loggerheads?

When the wealthiest person in the world and the President of the United States cross swords, people are bound to notice. Such a very public clash between billionaires, one of whom is the most politically powerful person in the U.S., should not lead the rest of us to infer that the interests of large corporations and the U.S. Government, including the respective executives and elected representatives, typically conflict. Corporate and individual mega-donations to political campaigns, the proverbial “revolving door” between working in government and at a corporation, the reliance of regulatory agencies on information from the regulated companies invite the exploit of conflicts of interest such that legislation and regulations are even written by corporate lawyers for their respective companies’ financial interest. Furthermore, that many very large American-based corporations have interlocking boards of directors gives corporate America considerable unified force in seeing to it that Congress and the federal president remain friendly to business interests. That both benefit from the status quo and have de jure or de facto vetoes of reform proposals reinforces the staying power of the club. Even as U.S. Senator Bernie Sanders enjoyed considerable media attention and crowds in his speaking tour against oligopoly (i.e., consolidation within an industry such that companies can set prices at will and can thus extract extra profit beyond that which would accrue in a competitive market), it would be wildly optimistic to hope for an onslaught of anti-trust enforcement from a Republican or Democratic administration.

The complete essay is at "Musk vs. Trump."

Tariffs as a Negotiating Tactic: Undercut by Wall Street Expediency

With all the economic and political turmoil from the anticipated American tariffs, it may be tempting, especially for financially-oriented CEOs and billionaires looking at quarterly reports, to call the whole thing off even though doing so would deflate the American attempt to renegotiate trade bilaterally with other countries. The concerns of the wealthy, whether corporations or individuals, have their place, but arguably should not be allowed to "lead the proverbial dog from behind, lest the dog run in circles and get nowhere." Moreover, the notion that any goal that is difficult and takes some time to materialize can or even should be vetoed by momentary passions at the outset is problematic and short-sighted. That U.S. President Trump's announcement of bilateral tariffs quickly brought fifty countries to the negotiating table is significant as a good sign for the United States, as long as that country's powerful business plutocracy (i.e., private concentrations of wealth that seek to govern) can be kept from vetoing the emergent trade policy, which at least in part is oriented to trade negotiation and ultimately to the notion that fair trade is conducive to increased free trade. 

The full essay is at "Tariffs as a Negotiating Tactic."

The Tech Industrial Complex

Democracy, Plato and Aristotle both thought, is a governmental system that is most susceptible to the mob—meaning mob-rule. Accordingly, the Electoral College and the appointments of U.S. Senators by state governments, the latter being the case from the establishment of the U.S. Constitution to a few decades into the twentieth century, were meant to limit any damage from momentary passions of the People to the U.S. House of Representatives. The governments in the United States, like those in the European Union, are republics in which democracy is a part rather than the whole. What neither Plato nor Aristotle could foresee in their agrarian city-states is the threat to democracy by plutocracy—the system of government in which private wealth rules. It is less understandable why the American electorates have ignored repeated warnings of the threat, especially as governmental power has concentrated at the federal level since the war between the CSA and the USA in 1861.

The full essay is at "The Tech Industrial Complex."

On the Hidden Police Power of Corporate America

After the UnitedHealthcare chief executive “was gunned down by a masked man outside a Manhattan hotel” in New York City, “a days-long manhunt” occurred that “spanned several states.”[1] The fact that only a few days were needed to find the suspect, Luigi Mangione, indicates just how massive and public the manhunt was. For it was not just any murder, as if the murder of a person who is the chief executive of a large corporation were worth so much more than that of the rest of us. I suspect that the influence of the company, and, moreover, corporate America, on local police in any U.S. member state is more than reaches the headlines. The case at hand my even suggest that that influence includes even tacit instructions to treat anti-corporate suspects of murder violently both in retaliation and as a visible reminder to other potential killers that CEOs are off-limits.

The full essay is at "On the Hidden Power of Corporate America."

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1 Jessica Parker and Nadine Yousif, “Luigi Mangione Fingerprints Match Crime-Scene Prints, Police Say,” BBC.com, December 11, 2024.

Bad Management as Unethical: On Reckless Bus Drivers in Boston

The corruption of an individual manager or non-supervisory employee, or even a government official can be distinguished between the collusion of multiple levels, as I contend has been the case at least as of 2023 in Boston, Massachusetts in regard to the government and the Commonwealth’s most populous region’s mass transit system—in particular, its bus service. I contend that the government has been looking the other way as the management of the local bus transit has held off from firing reckless bus drivers, who thus sordidly feel entitled to ignore the training—assuming it is not deficient—by driving recklessly by riding the accelerator pedal before stomping down on the brake pedal at the last minute, literally, in stopping. With positions to fill, the company’s management treats such driving at best with a slap on the wrist, with the government looking on rather than divesting the management of its disincentive to fire even dangerous drivers. Such corruption is systemic in nature, and thus is much worse than the corruption of an individual. Ultimately, it is the public—which includes the electorate—which goes unprotected while bus riders have to put up with jolting rides.

The full essay is at "Bad Management as Unethical: On Reckless Bus Drivers."

UN Climate Conferences Harbor an Institutional Conflict of Interest

Whereas people become instantly upset upon hearing that someone has self-aggrandized oneself by exploiting a conflict of interest, by, for example, embezzling funds for personal use, our species has the tendency to ignore the institutional variety of conflicts-of-interest. We don’t want to hear of another person incurring a privately-held benefit by ignoring the duties of one’s office, such as fiduciary responsibility, but we are fine with countries whose dominant industry is oil hosting the UN’s annual climate conferences. The sheer denialism entailed in assuming that the governments of such countries can be expected to steer a conference from the interests of the domestic oil companies is astounding. If there were ever a case of private benefits being at odds with the public benefit from mitigating climate change from carbon emissions by humans, this instance would be it. As had been the case of tobacco companies that promoted smoking even to minors while knowing that smoking kills or at least shortens a person’s lifespan, oil companies place their own profits, which are only a benefit to themselves, their managements, stockholders, and their external sycophants (i.e., governments) through more tax revenue and higher political contributions, above whether the planet warms more than 2C degrees—1.5, the prior limit, being passed in 2024. In other words, greed (i.e., the desire for more) can render board directors and managements oblivious to even forecasts of catastrophic impacts from global warming. In 2024, as COP29 was in progress in the Azerbaijani capital, Baku, Al Gore, who had been the U.S. vice president during the eight-year Clinton administration in the 1990s, was astonished by how blatant (and undercutting relative to the conference’s goal) the institutional conflict of interest has been in allowing petro-states to be the hosts. I’m skeptical, given the lapse that seems to be inherent in the human brain when it comes to assessing and even recognizing such conflicts of interest, whether Gore’s “wake-up” call would make more than a ripple next to the power of the oil industry, given its private wealth.

The full essay is at "UN Climate Conferences: An Institutional Conflict of Interest."

Starbucks Bucks Its Workers’ Labor Union

Even though more than 500 Starbucks shops had unionized by the end of 2024, it seems that the company’s management did not respect the new union very much. Unfortunately for the company, one implication that can be drawn is that the company’s management didn’t respect federal labor law very much too. For in not respecting its union enough to negotiate it on reducing employee work hours, the company violated federal law. The “smoking gun,” I submit, was that the management used dissimulation to respond to the government, rather than address the complaint directly.

The full essay is at "Starbucks Bucks Its Workers' Labor Union."

Nature Credits in the E.U.

One of benefits of the market mechanism, by which, for example, economic goods are bought and sold, is that self-interest is relied on; people don’t have to be told to buy or sell a product because it can be in their self-interest to do so if the price is right. As an alternative to regulatory standards, a government can create units of pollution-allowance that businesses can purchase so to be lawfully able to pollute in so far as a purchased unit allows. In the E.U.’s emissions trading system, “operators of power plants and factories have to buy tradeable allowances to cover every tonne of carbon dioxide they emit.”[1] Business could buy and sell allowances so as to cover the amount of pollution that is anticipated. In this way, the market mechanism efficiently allocates pollution in line both with the interests of the companies and the public interest—the latter being made concrete in the decision on how much pollution per allowance and how many allowance units to create. Crucially, the company private interests are put within the purview of the public interest; the tail is not directing the dog. In political economies in which political-campaign contributions by businesses are high, especially if unlimited, the tail can indeed wag the dog, such that the public interest is determined by private interests. This is one reason why the Citizens United (2010) U.S. Supreme Court case is so significant. It allows corporations and labor unions to spend unlimited amounts of money on political campaigns and directly on advertisements—both being beneficial to elected officials in positions to curry favor through legislation and regulations favorable to business (or labor). The informal exchanges of political donations and legislation or regulation comprise a market of sorts. So, the market mechanism, which is created or at least regulated by government, can serve for good or ill, from the standpoint of the public interest.  Using the mechanism, such as the E.U. president proposed in 2024, on behalf of ecosystems, is for good rather than ill, and thus using, in effect, the self-interest of farmers could be better than relying on regulatory requirements that farmers expend some money and effort to beef up their local ecosystems.

The full essay is at "Nature Credits in the E.U."

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1. Robert Hodgson, “Von der Leyen Moots ‘Nature Credits’ Market to Avert Ecosystem Collapse,” Euronews.com, September 13, 2024.

On the Role of Agribusiness in Global Warming

Agriculture is a major source of carbon and methane emissions, which in turn are responsible for the general trend of the warming of the planet’s atmosphere and oceans. In fact, agriculture emits more than all of the cars on the roads. 10 percent of the emissions carbon dioxide and methane in the U.S. come from the agricultural sector. Livestock is the biggest source of methane. Cows, for example, emit methane. Methane from a number or sources, including the thawing permafrost, accounted for 30 percent of global warming in 2023. As global population has grown exponentially since the early 1900s, herds of livestock at farms have expanded, at least in the U.S., due to the increasing demand.[1] We are biological animals, and we too must eat. More people means that more food is needed, and the agricultural lobby in the U.S. is not about to let the governments require every resident to become a vegetarian. Indeed, the economic and political power of the large agribusinesses in the U.S. have effectively staved off federal and state regulations regarding emissions. It comes down to population, capitalism, and plutocracy warping democracy.

The full essay is at "On the Role of Agribusiness in Global Warming."

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1. Georgina Gustin, “Climate Change and Agriculture,” Yale University, February 22, 2024.