The GOP’s Big Bold Plan to Bring Back Child Labor
Back to the era of child labor? Paging Charles Dickens…
Read more...Category Archives: Income disparity
Danny Haiphong and Michael Hudson Discuss The Collapse of Antiquity, the Bank Panic,
Another tour de force by Michael Hudson on how debt dynamics create oligarcies, how the Fed stoked thebank crisis, and the multipolarity push.
Read more...Defeat of a School Voucher Program Reveals Motives Behind the ‘School Choice’ Debate
A newfangled school voucher scheme, “education success accounts,” was too much even for the conservative Virginia House to swallow.
Read more...The Financial Crisis of 2023: Protecting Big Finance, Coming and Going
The financial system needs to provide a safe place for businesses to place their reserves and working capital.
Read more...Austerity for the Plebes, Bank Rescues for the Rich
The bank panic is proving to be an exercise in class warfare that may well wind up further strengthening the right.
Read more...Why the Repeal of Anti-Union Laws in Michigan Boosts Workers Nationwide
The union revival is gaining ground, with the latest win being the reversal of a “right to work” law in Michigan.
Read more...Herman Daly (1938-2022): The Economist for Our Time
The double question implied throughout Herman Daly’s work as an economist is this: “Is the economy for the people, or are the people for the economy?” nomy for the people, or are the people for the economy?”
Read more...How Debt Dynamics Polarize Economic and Political Power
An overview from Michael Hudson’s new book, The Collapse of Antiquity, which extends his analysis of how debt creates an entrenched elite.
Read more...The Fed Accused of ‘Playing With Fire’ After Latest Rate Hike
The Fed confirms that its priority is crushing workers, and it believes it’s protected banks enough to allow it to continue.
Read more...Kshama Sawant: Workers Strike Back
Sawant wants to take more forceful and concerted steps to advance workers’ interest. How do her ideas stack up?
Read more...Why is America So Anti-City? It Holds Back the Entire Country
oth parties are exacerbating the city/country split. How different are their interests?
Read more...Minnesota Becomes 4th State to Provide Free School Meals to All Kids
Child labor makes a comeback as there’s no such thing as a free lunch in 46 US states.
Read more...Medicare Plan Commissions May Steer Beneficiaries to Wrong Coverage
More Medicare “buyer beware” alerts.
Read more...Were the Bank Bailouts the Result of Rising Wealth Concentration?
Are many of the explanations of the recent bank tsuris barkign up the wrong tree?
Read more...The High and Getting Higher Cost of Renting in the US
Why renting is even more expensive than ever, even pinching the soi-disant middle class.
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