More Giveaways to Capitalist Finance? It’s High Time To Change the Objective
Jan Kregel explains the fundamental problem with the economic system is its focus on providing finance to investors.
Read more...Category Archives: Income disparity
The Effect of International Scrutiny on Manufacturing Workers: Evidence from the Rana Plaza Collapse in Bangladesh
Why an analysis that argues that post-Rana Plaza interventions hurt workers in the long run looks shoddy.
Read more...Delayed Second Stimulus Already Leading to Cuts in Grocery Store Spending
Hunger is on the rise. Grocery store operators see weaker spending now that the $600/week unemployment supplements are gone.
Read more...Tom Ferguson: Biden Blurring Almost Everything
Political scientist Tom Ferguson juxtaposes the factions around Biden with how Roosevelt eventually stared down banks and corporatists in the second phase of the New Deal
Read more...You Know In Your Heart That the Day of Real Resistance Is Coming
First demonstrations across the US, now a guillotine in front of Jeff Bezos’ house. Is this more #Resistance or a system-breaking resistance?
Read more...‘Threadbare’ US System Denounced as Study Shows 12 Million Lost Employer-Tied Health Care During Pandemic
New data on how many lost their health insurance, which often means health care, due to Covid. And the numbers are not getting better soon.
Read more...Emergency Situation: The Slow-Moving Tragedy of the Russian Arctic
The Russian version of America’s flyover has it pretty bad: declining industries and environmental stress.
Read more...Columbia Journalism Review Publishes Detailed Expose on Gates Foundation Buys Influence With Journalists
Why you should not trust the Gates Foundation.
Read more...New York City Faces Another “Drop Dead”: How Many Other Cities Will Wind Up in Distress?
We are at best only at the end of the beginning of big cities’ Covid-19 pain. What comes next?
Read more...Looting, American Style: CEOs Get Big Pre-Bankruptcy Bonuses Even When Lenders and Employees Stiffed
Failed CEOs succeed in looting their companies on the verge of bankruptcy filings.
Read more...Fiscal Austerity and the Rise of the Nazis
Local economic data and election results in Weimar Germany shows that more acute austerity led to more Nazi support.
Read more...Fed Economists Finger Monopoly Concentration as Underlying Driver of Neoliberal Economic Restructuring; Barry Lynn in Harpers and Fortnite Lawsuit Put Hot Light on Tech Monopoly Power
Some good work on monopoly is marred by the bizarre inclusion of Uber. Its predatory pricing is the result of deep pockets and ideology, not potential market power.
Read more...As Courts Re-Open, Britain’s Renters Must Confront the Power of Landlords
Renters and landlords need to come to terms in the Covid-19 new normal. But it’s not shaping up to be pretty.
Read more...Mortgage Delinquencies Jump by Most Ever. 60-Day Delinquencies Hit Highest Level Ever. Record 16% of FHA Mortgages Delinquent. What a Mess
A spike in mortgage delinquencies says more bad results are coming, particularly with no new stimulus in sight.
Read more...What Will the Real American Resistance Look Like — Chaotic Rebellion or Organized General Strikes?
As lower and middle income Americans slide into dire straits thanks to Covid-19, political pressure is building. But are Americans capable of rebellion?
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