American Life Expectancy Continues to Fall: Rise in Suicides, Overdose Deaths the Big Culprit
America’s falling life expectancy is a symptom of rising social distress.
Read more...Category Archives: Income disparity
Corporate PACs Plot Counterstrategy to Thwart Campaign Finance Reform
The National Association of Business Political Action Committees (NABPAC), which lobbies on behalf of PACs, believes the problem with America’s system of campaign finance is there’s not enough money in politics.
Read more...Don Quijones: Wall Street Mega-Landlord Blackstone Turns Screw on Spanish Government & Property Market
Blackstone is a major operator in the Spanish property market. This post discusses the Spanish government’s plans to enact modest protections for tenants by reforming rent laws. Will the government respond to tenant needs, or give way to the private equity firm’s implicit threat to reduce its Spanish property investments? Alas, it looks likely that the government will fail to deliver on its reform pledge.
Read more...‘We Are Not Robots’: Amazon Workers Walk out on Black Friday over Low Wages and ‘Inhuman Conditions’
The Amazon strikes in Spain, Italy, France, the United Kingdom, and Germany.
Read more...Sears Bankruptcy Engineered to Benefit Executives and Stiff Workers
Another look at the ugly Sears bankruptcy.
Read more...New York Media Touts Private Equity Obamist Deval Patrick as Presidential Candidate
Why is the media covering up that Deval Patrick became wealthy via asset-stripping at Bain Capital?
Read more...IMF Pushes Neoliberal Policies in Latin America
The IMF is back again, flexing its muscle in Argentina and Mexico, pushing the neoliberal Washington Consensus, says Vijay Prashad in this Real News Network interview.
Read more...When the Middle Class Lost Its Wealth
Until 2008, rising home values gave the middle class a cushion amid growing income inequality. But following the financial crisis, that wealth has failed to return.
Read more...Everything You Thought You Knew About Western Civilization Is Wrong: A Review of Michael Hudson’s New Book, And Forgive Them Their Debts
Why debt unforgiveness is the original and incurable curse on our post-eighth-century-B.C. Western Civilization,
Read more...Gaius Publius: Amazon Rips Off 238 Cities, States and Provinces, Then Builds in NYC and DC
More evidence that Amazon is nasty.
Read more...Trump and the Midterms: Is It Not The Economy, Stupid?
What role did the state of the economy likely play in the midterm results?
Read more...AOC Rental Woes a Reminder of Worsening Conditions for Workers
Rising rental costs put a spotlight on how it is even harder than ever for ordinary workers to get by.
Read more...Raising Minimum Wages Reduces Recidivism
Another benefit of higher minimum wages.
Read more...The Super Rich Get Even Richer
The continuing rise in wealth of the super rich bodes ill for financial and social stability.
Read more...Cryptocurrencies: Financial (In)stability and (Un)fairness
If private cryptocurrencies were to find widespread economic use, either coexisting with or fully displacing fiat money, the result would be increased financial instability, inequality, and social instability.
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