Category Archives: Income disparity

Elizabeth Warren Opens Broad Attack Against Rent-Seeking Oligopolists Like Amazon, Apple, Google, Walmart, Comcast

Curiously, Elizabeth Warren is taking aim at powerful interests that are deeply loyal to Hillary Clinton. The plot thickens.

Bill Black: The Terrible Cost to Democrats and Our Nation of Ignoring Tom Frank’s Warnings

A high level description of how Democrats and Labor sold out the working class, and how that served a narrow interests at great cost.

How Brexit Threatens to Turn the UK Into “Borisland”

How the Tories and UKIP intend to use Brexit to impose permanent austerity and reduce workers’ rights.

Why Income Inequality Will Get Worse Before It Gets Better

A reader critical thinking exercise! Debunk an article that justifies rising inequality in the guise of offering policy advice

Satyajit Das: What If Anything Does Brexit Really Signify?

An appraisal of the Brexit sound and fury.

Mathew D. Rose: Brexit – Land of Hope and Glory

Why the vote for Brexit is the best thing that has happened to European society for decades.

Brexit: Fear, Loathing, and Anger on Both Sides of the Channel

Politicians in the UK and the EU are virtually at each other’s throats over Brexit.

Brexit: Pulling the Signal Out of the Noise

Getting a better picture on Brexit: the underlying class and economic stresses and how that might play into what happens next.

MIchael Hudson: The Slow Crash

Michael Hudson discusses some of his favorite themes; debt deflation, the high cost of consumer debt, negative interest rates.

Michael Hudson: Socrates on Debt and Ibn Khaldun on the Cyclical Rise and Fall of Societies

Socrates described how the use of debt by the elite to strip the lower orders of their property sets up revolutions.

IMF Warns That Inequality, Poverty, Low Productivity Growth, Falling Workforce Participation Will Drag on US Growth

The IMF has become an unlikely reporter of unpleasant realities about the US economy, particularly the costs of inequality and distress. If only its prescriptions were better….