Satyajit Das: Fintech’s ‘Flim-Flam’ Innovation Games
Not surprisingly, fintech looks like a variety of old scams in new bottles.
Read more...Category Archives: Income disparity
How Poorer Citizens Pay the Price of Economic Change in the UK
From the speeding up of deindustrialisation and globalisation that began in the early 1980s to the 2008 financial crisis and the decade of austerity that followed, Britain’s economic system has operated with a built-in inequality bias.
Read more...Ohio Jury Finds Three Pharmacy Chains Liable in Opioids Trial; Judge to Decide on Damages Award in Spring
This is the first opioids jury verdict yet handed down; thousands of opioids cases remain pending.
Read more...African Marine Rules Favour Big Industry, Leaving Small-Scale Fishers in the Lurch
European waters are not the only fisheries battleground. In Africa, conflict pits artisanal fishers against industrial forces.
Read more...‘We Are Fighting Back’: Global Black Friday Strikes and Protests Seek to #MakeAmazonPay
Workers around the world held Make Amazon Pay protests to obtain fair wages, end Amazon’s tax avoidance, and lower its impact on the planet
Read more...Go Private for the Treatment You Need, NHS Tells Patients
NHS patients are being refused treatment, discharged too early and pushed towards private referrals.
Read more...Dirty Dollars: Money Laundering, Steel, and Toxins
Money launderers moved millions into America to buy steel mills — while elected leaders helped them fend off U.S. regulators and foreign competitors, leading to sick workers and mountains of hazardous waste.
Read more...Climate Injustice at Glasgow Cop-Out
How the largely optical, pro-business gestures at addressing climate change were an affront to developing countries.
Read more...Michael Hudson on Truth Jihad Radio Discussing Super Imperialism, Rentierism, and the American Political Duopoly
Michael Hudson gives a wide-ranging talk, including American policy in the post-war era, how economics ignores debt, and class warfare.
Read more...Jobs Grow — Along With the Pandemic Gap Between Rich and Poor New Yorkers
The example of New York City shows that the rich are continuing to pull ahead during the Covid respite.
Read more...Experts on Inflation: Prognosis, Political Fallout and Who’s Really to Blame
Some non-mainstream experts discuss inflation: what is driving it, how long it might persist, and what if anything the officialdom can do.
Read more...COP26: Climate Pledges Don’t Match Up With Policies—or Consumer Behavior
The ink is barely dry on COP26 pledges, and it’s not hard to see that they are largely for show.
Read more...An Increase in Interest Rates Would Be An Act of Class Warfare
While increasing interest rates to combat this inflation is bone-headed, the Fed has long wanted to be out of super low rate terrain.
Read more...The McDonaldization of German Universities
All elements of McDonaldization, such as heavy reliance on poorly paid casual workers and standardization, operate at German universities.
Read more...Public Nuisance or Not? Opioids Litigation Roundup
Plaintiffs seeking justice for opioids victims saw two recent setbacks in California and Oklahoma, with more than 3000 lawsuits ongoing, including trials in Ohio and Washington state.
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