Sears Bankruptcy Engineered to Benefit Executives and Stiff Workers
Another look at the ugly Sears bankruptcy.
Read more...Category Archives: Income disparity
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.
Read more...From Brothels to Independence: The Neoliberalization of (Sex) Work
Sex workers in the UK are by now just another part of the online, freelance, customer-reviewed digital economy. They story of how they got there exposes a dangerous shift.
Read more...Erasing Economics and Economic Policy from Politics: The Race and Xenophobia Sideshow
More and more economic studies find that inequality hurts growth. Adolph Reed discusses why politicians focus on divisive messaging rather than broad-based economic policies.
Read more...Big Money—Not Political Tribalism—Drives US Elections
Conventional wisdom asserts that American politics is becoming more and more tribal. But the chiefs of the tribes share a lot in common: dependence on big money.
Read more...Economic Distress Did Drive Trump’s Win
Contrary to the dominant media narrative, social issues like racism and sexism on their own can’t explain Trump’s success.
Read more...