If the Democratic Party Tried to Change, Would its Ecosystem Prevent It?
“Fixing the Democratic Party” is more daunting than most think. Most of the Party’s big-dollar ecosystem exists to keep it just as it is.
Read more...Category Archives: Income disparity
Sri Lanka: Why the Philippines Offers a Warning for What Might Come Next
Could Sri Lanka see the disgraced Rajapaksas return to power, like the Marcos family has in the Philippines?
Read more...Why Workers Are Turning to Unions
Unions are gaining steam….
Read more...‘Crushing News’: Appeals Court Greenlights Georgia’s 6-Week Abortion Ban
The most restrictive abortion law in the US is now in effect, despite its scientifically-dubioius “heatbeat” standard.
Read more...Behind the Crisis in Sri Lanka – How Political and Economic Mismanagement Combined to Plunge Nation into Turmoil
Some background on the escalating crisis in Sri Lanka and what might come next.
Read more...Excluding Insulin From Drug Price Reform a ‘Slap in the Face,’ Advocates Say
Schumer should reinsert insulin price negotiation and a $35 monthly cap on out-of-pocket insulin costs into Democrats reconciliation bill
Read more...Michael Hudson on Finance Capitalism’s Self-Destructive Nature
Michael Hudson rings the changes on a favorite theme: the differences between the financial capitalism and industrial capitalism systems
Read more...International Labor Organization Reports on Gig Worker Protest
Platform workers are well networked, with strengthening sinews of solidarity that transcend individual companies. It is also important to note that platform labour protest tends to emerge from the bottom up, particularly in the global South, where such protests are overwhelmingly led by informal groups of workers.
Read more...The Great Railroad Strike of 2022 Averted (So Far) After Biden Intervenes
Will railroads have a long, hot summer?
Read more...Dollar Diplomacy: Michael Hudson and Steve Keen on Real Progressives
A wide-ranging and free-wheeling discussion of money, oligarchy, trade, China, the future of the dollar….with an eye to MMT.
Read more...Happy Bastille Day: Some Musings on Recent Events in Sri Lanka
Reflections on Bastille Day 2022: Last Saturday, Sri Lankans stormed their presidential palace, causing President Gotabaya Rajapaksa to flee to the Maldives.
Read more...Wage Stagnation and Productivity: Challenging the Conventional Analysis
Stagnating real wages may have contributed to the slowdown of US productivity.
Read more...Michael Hudson: The End of Western Civilization – Why It Lacks Resilience, and What Will Take Its Place
How neolibearlism and idealization of markets is the latest chapter in the West’s destructive drift towards rule by oligarchs and rentiers.
Read more...Financial Crises as Drivers of Populism: A New Channel
Financial crises hurt the middle class, reducing their support for the status quo in favor of insurgent, aka populist, candidates.
Read more...How Organized Labor Leads the Fight for Safer Workplaces
Workers forming unions at Amazon and Starbucks want better wages and benefits and other labor protections union workers enjoy every day.
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