The Curse of the Household Analogy
It can’t be said too often: national government spending is not like household spending, and acting as if it is is damaging.
Read more...Category Archives: Income disparity
Building a Movement for Social Justice in the Time of Trump
Unlike many who are upset about Trump’s win, Liz Theoharis and William Hartung focus building a broad-based opposition with policy goals
Read more...How ‘Dupes’, Fast Fashion and China’s Economic Slowdown Spell Disaster for the Luxury Sector
The luxury goods market is in bad shape, an indicator of how the moderately well off and “aspirational” shoppers are under income stress.
Read more...Close to 30 Million Americans Face Limited Water Supplies, Government Report Finds
Struggles over water use and cost are set to intensify as usage outstrips supplies.
Read more...There’s No Growth, so What Should Labour Do?
Labour’s dilemma — which has parallels in other countries — leads to vague aspirations that are almost meaningless, and probably undeliverable. So, what should it do?
Read more...For Homeless Seniors, Getting Into Stable Housing Takes a Village — And a Lot of Luck
Another indictment of America’s claims of superiority: a coming tsunami of homeless elderly
Read more...Closing Ranks: Organised Labour and Immigration
Quelle surprise! Historically, high levels of immigration in the US led to more union formation.
Read more...James Galbraith: How the Fed Became Less Powerful Despite Weakened Congressional Oversight
Fifty years ago the actions of the Fed mattered. Today, as far the aggregate measures of America’s domestic economy go, they do not.
Read more...Make America Healthy Again: Is MAHA a Trope or a Movement?
A look at MAHA’s recommendations, per the Casey Means book Good Energy, and why they are an affluent-focused, neoliberal prescription.
Read more...Trump’s HUD Secretary and Our Reverse Robin Hood Housing System
A Trump-Turner housing agenda appears destined to continue the worst aspects of the US approach to affordable housing.
Read more...Wanting More for BRICS Than BRICS Wants for Itself
More realistic takes on BRICS, including by Michael Hudson.
Read more...Is Capitalism Falling Out of Favor? We Analyzed 400,000 News Stories to Find Out
On the fundamental flaws in a study meant to assess the popularity, or lack thereof, of capitalism in the US.
Read more...America’s Infrastructure Crisis: Covid’s Role in a Ticking Time Bomb
How falling levels of infrastructure maintenance are somewhat, perhaps significantly, due to Covid deaths and disability.
Read more...Rebuilding Rate for Santa Cruz Mountains Lightning Complex Fire Bodes Ill for Los Angeles Reconstruction, Even Before Getting to Insolvency of California State FAIR Plan Wildfire Insurance
The pace of rebuilding after the Santa Cruz Mountains wildfire in 2000 bodes ill for the likely speed of Los Angeles reconstruction.
Read more...“In 2025, States Will Flip the Script on Taxes to Make the Wealthy Pay Their Fair Share”
State-level activists have been building coalitions to implement higher and more extensive taxes on the wealthy. What are their prospects?
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