Shareholder Capitalism’s Ugly Legacy
Debunking some of Milton Friedman’s destructive ideas, such shareholders, who only have residual claims in a company, ought to come first.
Read more...Category Archives: Income disparity
How Donald Trump Abandoned Workers After Promising to Bring Manufacturing Back to the U.S.
Restoring manufacturing to the US is a tall order. Not surprisingly, Trump’s approach has been unserious.
Read more...Why Trump’s Promise to Save Manufacturing Was One He Never Intended to Keep
Trump’s promise to save manufacturing jobs and rebuild infrastructure was all bluster, no surprise from the man known for stiffing workers.
Read more...NYT Report: 9 of Every 10 Restaurants and Bars in N.Y.C. Can’t Pay Full Rent
While the NYT reports 9 out of 10 bars and resturants cannot make full rent, the city dithers about real solutions to eliminitaig evictions.
Read more...How Hypocrites in High Places Have Contributed to the Riots in the Streets
Why the riots of this summer resulted from the ever-increasing exploitation of low-income Americans, and how a Job Guarantee would reverse this power imbalance.
Read more...We Must Defeat the US Trade Deal
Why signing up to a US trade deal would mean a loss of sovereignity for the UK.
Read more...Coronavirus Economic Distress Hitting Indebted Professionals
Coronavirus damage is working its way up the economic food chain and is now hitting professionals in a meaninful way.
Read more...Ilargi: Why Trump Will Win
A contrarian reading on Trump’s prospects.
Read more...Importing Inequality: Immigration and the Top 1%
Data from UK tax records with new information on migrant status to show that that migrants are highly represented at the top of the UK’s income distribution.
Read more...It’s Time for a Debt “Jubilee”
Households and businesses are overloaded with debt. Richard Vague offers a set of proposals for how to restructure it.
Read more...How NAFTA Lost Democrats the South
How the New Democrats’ trade deals fractured the multi-racial coalition that Martin Luther King had helped forge in the South.
Read more...Journey into a Libertarian Future: Part V – Dark Realities
A libertarian perspective on nobility, democracy, and lobbying.
Read more...Isolation, Addiction, and Drug Use in the Covid-19 Moment
Covid is rough on pretty much everyone, but those with drug or other substance abuse issues are really on the ropes.
Read more...The Rise of Ultra-Processed Foods and Why They’re Really Bad for Our Health
Factors driving the growth of ultra-processed foods, such as Big Food lobbying, despite these Frankenfoods being really bad for our health.
Read more...Wolf Richter: Unemployment Crisis Going in Wrong Direction: Week 25 of U.S. Labor Market Collapse
Unemployment claims continue to increase, with nearly 20% collecting unemployment insurance. even according to the stringent claims criteria.
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