New York City Seeks to Shortchange Teachers on $900 Million of Back Pay
Another sign of increasing budget problems in New York City.
Read more...Category Archives: Economic fundamentals
Yanis Varoufakis: How Progressives Could Still Win the 21st Century
Could progressives obtain power through a Progressive International movement?
Read more...Trump Shoots His Campaign in the Head
Trump is back to his usual self-destructive form.
Read more...Brexit: Running the Clock Down
Why Brexit motion should not be confused with progress.
Read more...Chamber of Commerce Quietly Supports a United Government Led by Democrats
The Chamber of Commerce cozying up to Team Dem is quite a bellweather.
Read more...Covid-19 and the Global Addiction to Cheap Migrant Labor
The Covid-19 pandemic has highlighted the world’s structural dependence on exploitable labor.
Read more...Thomas Frank’s Essential Insight – True Populism Is Transracial: An Interview + Review of The People, No! A Brief History of Anti-Populism
How Jim Crow laws were a backlash against 19th Century populism of having poor whites and blacks join forces to seek economic justice.
Read more...Pandemics and Inequality
Pandemics have a long tail, including their impact on inequality.
Read more...Macro N Cheese – Debt Deflation and the Neofeudal Empire with Michael Hudson
Another tour de force by Michael Hudson, this one stressing the role of unproductive real estate in modern debt bondage and Trump’s MMT.
Read more...“Why I’m Voting for Donald Trump”
An illustration that some and perhaps many Trump voters don’t fit mainstream media stereotypes.
Read more...Brexit: Confrontation
The Brexit process is as ugly as ever.
Read more...San Francisco Rents in Free-Fall. New York Rents Swoon. Expensive Cities, College Towns, Cities in Texas, Other States Sag. But in 16 Cities, Rents Jump Double-Digits
Tracking the damage in big city residential rents.
Read more...Why Americans Need Debt Jubilees, Helicopter Money, and 21st-Century Greenbacks: A 45-minute Conversation with Richard Vague
Richard Vague, who has studied financial crises, has honed in on the destructive impact of private debt and the need for debt jubilees.
Read more...How Donald Trump Abandoned Workers After Promising to Bring Manufacturing Back to the U.S.
Restoring manufacturing to the US is a tall order. Not surprisingly, Trump’s approach has been unserious.
Read more...How Hypocrites in High Places Have Contributed to the Riots in the Streets
Why the riots of this summer resulted from the ever-increasing exploitation of low-income Americans, and how a Job Guarantee would reverse this power imbalance.
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