Category Archives: Income disparity

The Delphic Oracle Was Their Davos: A Four-Part Interview With Michael Hudson About His Forthcoming Book The Collapse of Antiquity (Part 1)

Michael Hudson describes how, in antiquity in Greece and Rome, emerging oligarchs ended the practice of debt jubilees, impoverishing laborers.

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Bezos Admits His Fortune Is Due to Public Infrastructure….Even as He Fought Paying a Homeless Tax in Seattle, Shakes Down Cities for Subsidies

Bezos admits he and other squillionaires didn’t do the “heavy lifting” of building the infrastructure on which tech enterprises depend….yet tries to depict a space venture as a greenfield project. Help me.

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Inequality Indicator: Retirement Homes in Secondary Tourist Area (Door County) Bid Way Up

Yves here. Those of you who know and love Door County (a peninsula in Wisconsin with Lake Michigan on one side and Green Bay on the other) may be offended at it being called a “secondary” tourist area. But it almost entirely a regional holiday destination, laid back, outdoorsy, with lots of hiking and biking […]

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