Philanthrocapitalists: The Pied Pipers of ‘Modern Slavery’?
Hundreds of millions of dollars for anti-trafficking/slavery sidesteps how rich countries exploit labour in poor nations.
Read more...Category Archives: Income disparity
Our Collective Long Covid
Why Covid will be with us for a very long time.
Read more...Austerity Raises Covid Deaths
Mortality and economic data show that stingy government spending and resistance to redistrbution have increased Covid health costs.
Read more...Incomplete and Indecisive USPS Board Flounders and Awaits Direction
Despite Biden moving to fill open USPS board seats, don’t get your hopes up.
Read more...The Bullshit Economy Part 2: Payday Loans 2.0, aka Early Paycheck Apps
Payday loans suck. Giving them a new name does not make them suck less.
Read more...How Employers Punish Workers for Forming Unions
How employers play dirty tricks even after unions are voted in. The PRO Act, up for a Senate vote, would stop the worst practices.
Read more...We May Be Living in a Moment of Misplaced Optimism
The current bout of optimism looks too close to giddy for my comfort. And yours?
Read more...Scoring the $1.9 Trillion Stimulus Plan and Earlier Covid Relief Programs
How to do a better job of getting relief to those who need it.
Read more...Michael Hudson and Paul Craig Roberts: It Is Time To Remove The Debt Barrier To Economic Growth
Why it’s time for a widespread debt writedown.
Read more...Yanis Varoufakis: Draghi’s Outrageous Deployment of McKinsey, Europe’s Predicament, DiEM25’s Proposals
Yanis Varoufakis decries how McKinsey is undermining democracy in a putative first world country, a big step up from South Africa and Saudi Arabia.
Read more...The Long Term Damage of Economic Downturns
As the well off sail on, either unaffected by or profiting from Covid’s impact, for many, the economic damage is severe and lasting.
Read more...New York City Lost a Record 631,000 Jobs to the Pandemic in 2020. So What’s Next?
A look at the raw numbers behind the pain of New York City’s biggest economic downturn since the Great Depression.
Read more...Biden Stimulus Plan Shores Up Weakest Multi-Employer Pension Plans Rather than Taking on Private Equity Abuses
A Biden rescue of the sickest private pension plans goes largely under the radar.
Read more...Nomi Prins: To Build or Not to Build? The Infrastructure Question
For all sorts of bad reasons, American has a huge infrastructure spending backlog. But can we even do the job well?
Read more...Sports Desk: DoJ Files Amicus Brief in Support of College Athletes, While Congress Mulls Giving Them Rights to Their Names, Images, and Likenesses
Both the DoJ and Congress apparently side with college athletes over the NCAA in on antitrust and property issues.
Read more...