Category Archives: Income disparity

Michael Hudson: Is This the End of the Unreformable Democratic Party?

Have the contradictions of the Democratic Party’s overarching strategy finally become untenable?

Debt Cancellation: Taxi Drivers Savor Victory as Medallion Debt Bailout Deal Ends Hunger Strike

How New York City taxi drivers won a rare and much needed debt restructuring.

COP26: Can a Singing, Dancing Rebellion Save the World?

COP26 revealed climate activists have a very long way to go, and not necessarily in the way they think.

Deere Union Members Reject Second Management Offer; Key Demands Include Greater Workplace Say

Deere union members at 12 of 14 factories put the screws on management by rejecting their latest offer.

War on Cash: NYC Enforces its Cashless Business Ban

NYC sides with those who want to use cash and enforces its cashless business ban, hitting ice cream shop Van Leeuwen with $12000 in fines.

Bob Pollin: Stop Subsidizing Wall St., Start Subsidizing Workers for High Energy Costs

Bob Pollin: High oil prices and supply chain disruption are driving inflation, not workers’ modest wage increases or government debt.

Will the Supply Chain Crisis Lead to More Onshoring?

Why even if we see more serious breakdowns, big and medium sized companies are unlikely to move away from reliance on a fragile supply chain.

Mexico’s Auto Industry Between Radical Change and Trade Wars

How auto suppliers in Mexico have wound up between a rock and a hard place.

“Want to See a Modern Country Commit Suicide? Take a Hard Look at Britain”

Post Brexit Britain is not doing at all well, and things are not going to take a turn any time soon.

John Deere Strike: A Union Member Explains How Bad Faith Dealings Produced Today’s Grievances

A backgrounder from TroyIA, a Naked Capitalism reader and John Deere worker, on what drove union members to strike.