Category Archives: Income disparity

The Race to Slash ‘Red Tape’ in Post-Brexit Britain Has Begun. How Can It Be Resisted?

Brexit is being used to accelerate the neoliberal race to the bottom.

Michael Hudson: The Democrats’ Quandary – In a Struggle Between Oligarchy and Democracy, Something Must Give

The Democrats’ civil war over who controls the party may be coming to a head.

Legacy Admissions: Johns Hopkins Drops Preferences, Other Institutions Consider Changes

Johns Hopkins announces it’s eliminated legacy admissions, sparking a wider debate. Will other institutions follow?

Wolf Richter: Subprime Credit Card Delinquencies Spike to Record High, Past Financial-Crisis Peak, as Other Consumers Relish the Good Times. Why?

The concern is not for banks or investors in subprime-credit-card backed securities. But what does this bifurcation tell us about consumers?

Bad Bets and the Corona Virus Epidemic

Bad bets by individuals, the state, and globalizing elites

A Full Scale Attack on Medical Debt

An integrated proposal for ending medical debt.

Progressives to Voters Skeptical of Bernie Sanders: This ‘Big Tent’ Movement Is a Winning and Practical Choice

Sen. Bernie Sanders is now being declared the new Democratic frontrunner, and progressives are reaching out to voters that remain skeptical.

Lower Income Towns in New Hampshire Voted Heavily for Sanders; Richer Towns Did the Opposite

Lower income towns in New Hampshire voted heavily for Sanders, while richer towns did the opposite.

Subprime Auto Loans Explode, “Serious Delinquencies” Spike to Record. But There’s No Jobs Crisis, These Are the Good Times

Nearly a quarter of all subprime auto loans are 90+ days delinquent. Why?