Is the Labor Market “Normalizing?” What Even Is “Normal?”
Fewer quits and historically low layoffs & discharges mean fewer job openings, and less hiring to fill them. The massive pandemic churn slowed. But that’s only part of it.
Read more...Category Archives: Free markets and their discontents
What’s Next for Germany After Sunday’s Elections Show Major Backlash Against Status Quo?
Two parties which oppose Project Ukraine make major gains. Is anyone listening?
Read more...Wall Street Journal Tries to Analyze Not-Great Data on US Immigration, Generating Reader Pushback
An attempt by the Wall Street Journal to mine data on immigration falls short by not providing strong enough caveats.
Read more...Naked Capitalism’s Skunk Party Manifesto Finds a Home in the New Kentucky Party
The Skunk Party Manifesto explained how the best political system money can buy is great for its customers and lousy for the rest of us
Read more...The Stupid Price Gouging Discourse
Is Kamala’s price gouging proposal is a ruse, and why won’t she voice support for Lina Khan at the Federal Trade Commission?
Read more...How Responsible Is the Rental Housing Cartel for the Explosion in Homelessness?
Since collusion in pricing and vacancy hit critical mass in 2016, homelessness has soared.
Read more...Michael Hudson: Debt, Economic Collapse and the Ancient World
Robinson Erhardt conducts a wide-ranging discussion of Michael Hudson’s work, including the social cost of debt bondage and rentierism
Read more...Rob Urie: Kamala Harris is the New Face Being Put on America’s Wars
An unvarnished assessment of what a Kamala Harris presidency would amount to.
Read more...Why Poverty Reduction Under Capitalism Is a Myth
A full-throated critique of the claim that capitalism benefits the poors.
Read more...Global Poverty Grows as Super-Rich Get Richer Faster
Oxfam gives an update on the ever-widening gap between our money overlords and the poor, and how their enrichment is increasing poverty.
Read more...On the Distortions and Distractions of the Democratic National Circus
A well-targeted rant about the offensive shallowness and neglect of concrete material needs of voters that the Democratic Party now embodies.
Read more...Michael Hudson: Forgiveness, Foreclosure, & Christianity
Michael Hudson reprises a favorite theme of how the salutary practice of debt forgiveness came to an end under Greco-Roman oligarchs
Read more...Beyond Leviathan: What Is the State & the Challenge To Transcend It?
István Mészáros’ “Beyond Leviathan” described origins of the state, its evolution, the need to move beyond it and how to meet that challenge
Read more...Kamala’s Failed Opportunity
In her DNC speech, Kamala Harris embraced Republican language on the economy. So how deep does her purported progressivism run?
Read more...The Death of the Engineer CEO: Evidence that Short-Termism and Financialization Had Become Ascendant
A look at how some turning points in the history of Corporate America, such as CEO changes of guard, explain how America hollowed itself out.
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