Michael Hudson: Why Failing to Solve Personal Debt and Polarization Will Usher in a New Dark Age
Crushing personal debt loads have repeatedly produced economic and social crises. The elites ignore the warning signs at their peril.
Read more...Category Archives: Income disparity
The Opioid Epidemic and the Face of Long-Term Unemployment
The role the opioid epidemic plays in long-term unemployment.
Read more...Why Extreme Inequality Causes Economic Collapse
A look at how rising inequality becomes systemically destructive.
Read more...Wearing White: What Resistance Looks Like in America’s Heartland
A labor struggle in South Bend as a window into unions’ ongoing resistance to corporate greed.
Read more...Grantham: ‘Twas Capitalism That Killed Capitalism
How capitalism became disconnected from social good, leading to hope for a “strong leader” will take on the rich and powerful.
Read more...Gaius Publius: Field Notes from the Battle Within the Democratic Party
Needless to say, the real war within the Democratic party is about who gets to feed at the trough.
Read more...Euroland: Will the Netherlands Be the Next Domino To Fall?
The upcoming elections in the Netherland demonstrate how austerity is stoking anti-elitist, anti-Euro sentiments.
Read more...Prospects for Further Meaningful Wage Growth Are Dimming
Why the outlook for wage growth isn’t as sunny as the business press would have you believe.
Read more...“Inflation’s Comeback”
Some at-times unintentionally revealing Serious Economist discussions of inflation risk.
Read more...Brexit Big Lie: UK Could Have Reduced EU Immigration by 82% Under EU Rules
Contrary to Tory and pro-Brexit propaganda, the UK has plenty of power under EU rules to reduce immigration.
Read more...Women Skeptical of the Women’s March
A critical appraisal of the Women’s March.
Read more...Private Equity Slugfest! Managing Partner of Sequoia Slams Blackstone Chief Steve Schwarzman in New York Times Op Ed
Rifts are opening up among the financial elite. Michael Moritz, a partner from Sequoia Capital, penned a New York Times op-ed that blasts fellow private equity big dog Steve Schwarzman of Blackstone for cottoning up to Trump and for making his living from squeezing American workers and benefiting from the carried interest tax loophole, which […]
Read more...Trade and Political Power: The Past and Possible Ways Forward
The evolution of the post World War II trade framework and potential progressive responses to the downside for workers.
Read more...Cringley: How Silicon Valley Can Sidestep Trump H-1B Visa Restrictions
Why restrictions on H-1B visas may not do much for tech workers.
Read more...Are 401(k)s Contributing to the Growth of the Outsourcing of Jobs?
Yet another reason to regard 401(k)s as a failure….
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