Curbing Monopolies Promotes Growth, Lowers Inequality
More aggressive anti-trust enforcement, not surprisingly, would spur growth and help the poor.
Read more...Category Archives: Income disparity
Unequal Gains: American Growth and Inequality Since 1700
American history suggests that inequality is not driven by some fundamental law of capitalist development, but rather by episodic shifts in five basic forces: demography, education policy, trade competition, financial regulation policy, and labour-saving technological change.
Read more...Wolf Richter: These Debt Slaves are the Government’s Largest Asset Class, and It Will Haunt the Economy for Years
Student debt isn’t just a millstone around young people’s necks; it’s weighing down the economy.
Read more...Elizabeth Warren Slams SEC’s Mary Jo White for Putting “Information Overload” Project Ahead of Dodd Frank Rulemaking
Elizabeth Warren and Mary Jo White cross swords again…but how effective can Warren be after she hitches her star to Clinton?
Read more...The Happiness Industry: How Corporations Want to Manage Your Mind
Rather than suggesting that consuming the right goods will make you happy, companies now want to create it more directly.
Read more...Michael Hudson: Millions Around the World Fleeing from Neoliberal Policy
Hudson tallies the high cost of neoliberal ideology.
Read more...Tom Engelhardt: How Donald Trump Reveals the March of American Authoritarianism
Trump as a symbol of an America morphing into a visibly less democratic fading empire.
Read more...Our Politico Story on Why Clinton Does Not Deserve the Sanders Vote
Clinton is not interested in representing Sanders voters. They’ve gotten the memo and are acting accordingly
Read more...Refinancing is Dead: A Generation of Hard Times Will Continue Until Secular Real Wages Improve
Real gains by average Americans won’t come financing gimmicks but from real growth in wages. And no one in authority seems willing to provide them.
Read more...Is America Committing Slow-Motion Suicide? A Look at the Decline of CUNY
The decline of CUNY as evidence that the superrich are killing the rest of us through a slow process of attrition
Read more...More Backlash from London’s Empty Towers
London exemplifies a global trend: property warehoused by the global wealthy, to the detriment of the people who live there.
Read more...New IMF Paper Challenges Neoliberal Orthodoxy
A new IMF paper takes on some neoliberal sacred cows.
Read more...Scenes From Paris Protests (and an Update from Alison)
A sighting from the protests in Paris over proposed anti-labor regulations.
Read more...Reader Note on Strikes in France: “Pass the Popcorn”
Transportation unions and airport workers are joining strikes in France to protest new labor laws,….right before the Euro Cup and tourist season.
Read more...Sanders and Class Struggle in the Democratic Party
Sanders versus Democratic Party’s institutionalized corruption and domination by billionaires.
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