Why Market Fundamentalism Is Incompatible with Climate Action
Tackling the climate crisis effectively requires a shift from market fetishism to a more fair and sustainable global economy
Read more...Category Archives: Free markets and their discontents
Senators Alarmed By Use of Rent-Setting Algorithm, Say It’s Helping Drive Inflation
How much is “information sharing” between mega property management companies driving the rise in housing costs?
Read more...The Financial Crisis of 2023: Protecting Big Finance, Coming and Going
The financial system needs to provide a safe place for businesses to place their reserves and working capital.
Read more...Austerity for the Plebes, Bank Rescues for the Rich
The bank panic is proving to be an exercise in class warfare that may well wind up further strengthening the right.
Read more...Why the Repeal of Anti-Union Laws in Michigan Boosts Workers Nationwide
The union revival is gaining ground, with the latest win being the reversal of a “right to work” law in Michigan.
Read more...Fossil Fuel Industry Phase-Out: Three Critical Worker Guarantees for a Just Transition
PERI research shows just transition policies are easily affordable in all high-income countries and critical to limiting climate change
Read more...How Debt Dynamics Polarize Economic and Political Power
An overview from Michael Hudson’s new book, The Collapse of Antiquity, which extends his analysis of how debt creates an entrenched elite.
Read more...Artificial Intelligence in Medicare Advantage Plans Impedes Access to Care
Another reputable body reports more examples of Medicare Advantage plans using AI to engage in insurance fraud.
Read more...What’s Actually Behind the Banking Crisis? Why You Pay When They Play.
Law and economics expert Walker Todd explains how a financialized system creates havoc and why it’s time to rethink banking
Read more...Crash Landing? Part 1 – Bonfire of the Banks
Satyajit Das looks at how banks got themselves into so much trouble and what the recent bailouts portend.
Read more...The Fed Accused of ‘Playing With Fire’ After Latest Rate Hike
The Fed confirms that its priority is crushing workers, and it believes it’s protected banks enough to allow it to continue.
Read more...Kshama Sawant: Workers Strike Back
Sawant wants to take more forceful and concerted steps to advance workers’ interest. How do her ideas stack up?
Read more...How Monetary Policy Affects Bank Lending and Financial Stability: A ‘Credit Creation Theory of Banking’ Explanation
Another nail in “loanable funds”, which justfies austerity but does not explain how central banks produce credit and monetary growht.
Read more...How the Current Refusal to Deal Harshly with Failing Banks and Their Executives Will Create an Even Bigger Crisis
Why the expected official response to this bank panic wil make matters much worse, just not right away.
Read more...Medicare Advantage Uses Algorithms to Block Care for Seniors
How AI is institutionalizing Medicare Adantage fraud, to the degree that appeals of denials often outrun the patient’s life.
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