It’s Not the Gig Economy, Stupid
Why the decline in labor unions has had a bigger impact on the fallen state of wage workers than the much ballyhooed gig economy.
Read more...Category Archives: Income disparity
IMF Blames Fall of Middle Class on Globalization and Technology
An IMF report comes up with some orthodoxy-reinfocing conclusions by failing to address some key issues.
Read more...John Michael Greer, James Howard Kunstler, Chris Martenson, Frank Morris, and Dmitry Orlov Discuss Trump, the Inequality Taboo and Other Hot Topics
A lively panel with provocative and colorful views.
Read more...Globalization and the End of the Labor Aristocracy, Part 1
How labor benefitted from imperialism, and how its advantages were eroded as multinationals became important as international enforcers.
Read more...The Conversation About Basic Income is a Mess. Here’s How to Make Sense of It.
Certain interest groups are advocating a basic income for very different reasons, and that in turn lead to different policy proposals.
Read more...The Global Corporate Saving Glut
The corporate savings glut has been long in the making. It’s a sign of capitalists abandoning their role of investing to pursue growth.
Read more...The War on Poverty, Then and Now
President Johnson’s War on Poverty reduced on poverty rates, but progress stalled over 40 years ago. But things would be even worse otherwise.
Read more...Wolf Richter: This Economy is Ruined for Many Americans
The lower tier of the two-tier economy is not faring at all well.
Read more...Ilargi: Our Economies Run On Housing Bubbles
A look at the long-term role of home price bubbles in multiple countries.
Read more...Inequality in the US: A Tale of Two Countries
A look at US inequality, before and after tax and transfers.
Read more...Inequality Update: Who Gains When Income Grows?
In a perverse reversal of historical norms, more growth produces more inequality as a result of economic policy and changes in legal rights.
Read more...MIchael Hudson: The Democracy Collaborative
Michael Hudson gives new riffs on his regular themes: classical economics and its perversion by Hayek, rentier capitalism, debt jubilees.
Read more...The American Opioid Epidemic
More discussion of the possible causes and implications of the opioid epidemic.
Read more...Bill Black: Kansas Legislature Slips Koch Noose, Authorizes Medicaid Expansion
The Kansas legislature bucks long-standing Republican orthodoxy and votes for Medicaid expansion. A harbinger or a one-off?
Read more...How Monopolies Stymie Political Activism: The Case of Black-Owned Businesses
Black businessmen and political thinkers long recognized that monopolies threatened their communities and their ability to serve as activists,
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