How WalMart Makes You Pay for Its (Lack of) Policing
Yet another WalMart scam….
Read more...Category Archives: Income disparity
The Elite “Let Them Eat Education” Fallacy
Debunking the idea that better education is an adequate remedy for inequality and high unemployment.
Read more...Wolf Richter: The “Housing Crisis” in San Francisco Strangles Demand
San Francisco housing bubble buckles under its own lopsidedness.
Read more...Bill Black: Thomas Friedman Wants A “Center-Left” Democratic Party Based on Austrian Economic Myths
Thomas Friedman has managed to outdo himself on the downside.
Read more...How CEOs Get Paid for Luck
Lackluster growth is everywhere….except in CEOs’ pay packets. Wonder why?
Read more...Wolf Richter: Why this Job Market is Still Terrible: The Politically Incorrect Numbers Everyone is Hushing up
For individuals, the job market has barely improved since the Great Recession.
Read more...The Economic Drivers of Political Disruption in Advanced Economies
The (bad) economic policy roots of political polarization.
Read more...Missouri State Public Defender’s Office Appoints Governor Jay Nixon To Serve as Public Defender
Missouri Governor Jay Nixon is hoist on his ant-poor, budget-cutting petard.
Read more...5 Ways Corporate Power Increases Inequality
How corporate power squeezes the middle class.
Read more...Scotland Disses Theresa May by Reviving Anti-Inequality Law She Loathes
Another min-joust between the UK and Scotland, this on an innovative anti-inequality stipulation.
Read more...How ‘Competitiveness’ Became One of the Great Unquestioned Virtues of Contemporary Culture
How political authority has legitimated and promoted the questionable goal of competitiveness.
Read more...Michael Hudson: Obama Said Hillary Will Continue His Legacy – and Indeed She Will!
An update on Hillary’s coronation.
Read more...The Immorality and Brutal Violence of Extreme Greed
Yves here. Please welcome guest blogger #SlayTheSmaugs. For those of you who have neither read The Hobbit nor seen the movies, “Smaug” is probably a meaningless word. In The Hobbit, Smaug is a massive and vicious dragon. He sits on a pile of gold and jewels that would bury a football stadium’s grass several feet […]
Read more...Investment Implications of the Rise of the New Lumpenproletariat and Political Shocks
How rising numbers of the new lumpenproletariat, meaning contingent and least-paid workers, are reshaping economies and politics.
Read more...Sanders Delegation Plotting in Public and Secretly to Shake Up Democratic Convention
Many Sanders delegates are planning rearguard actions at the Democratic convention.
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