Is It Time for a Debt Jubilee?
Steve Keen and Micheal Hudson provide a deep dive on a debt jubilee, and how it could be implemented in a Covid-afflicted economy.
Read more...Category Archives: Income disparity
Millions of Tenants ‘Headed for Absolute Disaster’ After New Year, Owing Average of Nearly $6,000 in Rent and Utilities
The clock is ticking for underwater tenants, and Congressional relief looks set to be too little, too late.
Read more...What Is Exploitation in the Context of ‘Modern Slavery’? A Legal Proposal
The absence of clear parameters for determining what counts as exploitation allows states to misclassify victims.
Read more...Rana Foroohar and Mark Blyth on Democrats Trying to Please Too Many Money Masters at Once
The Democrats will soon decide which campaign promises will be ignored or walked back. Sandernistas, brace yourselves.
Read more...The Jobs Report is a Mess, December Will Be Messier
The Nov. 14 cut-off kept most of the Covid spike impact from the jobs data. And there’s underying decay due to globalization.
Read more...Women and the Middle-Aged Taking Brunt of Covid Employment Losses
While the Covid employment picture has unquestionably improved, don’t kid yourself into thinking that it is good.
Read more...Capitalist Systems and Income Inequality
Focusing on class produces a new taxonomy of capitalist countries.
Read more...Potential Consequences of Post-Brexit Trade Barriers for Earnings Inequality in the UK
More bad news on the inequality front.
Read more...The Scarring Effect of COVID-19: Youth Unemployment in Europe
Youth unemployment spiked in the EU after the financial crisis. Covid is set to do even more damage.
Read more...To Save the Economy, Save People First: Targeted Measures and Subsidies for Cost Effective COVID-19 Abatement
Evidence on what it would take to beat Covid: lockdowns, mask mandates with teeth, tons of testing and lots of economic support.
Read more...‘The Real Looting in America Is the Walton Family’: GAO Report Details How Taxpayers Subsidize Cruel Low Wages of Corporate Giants
Taxpayer money subsidizes the looting of the Walton family. Why should one family reap billions while its workers can barely survive?
Read more...COVID-19 Compounding Inequalities
The COVID-19 crisis may worsen inequality and push more than 70 million people into extreme poverty, according to the United Nations.
Read more...Is Development for the World Bank Mainly Doing Business?
The World Bank finally gives up defending its controversial but influential Doing Business Report. It’s about time.
Read more...Why 2020 Was the ‘Precarity Election’
In 2020, both parties ignored rising precarity, which is why the country remains a house divided against itself.
Read more...How Biden Can Protect Workers on Day 1
By using the Occupational Safety and Health Administration, Biden could improve worker safety during the pandemic without Congress’s help.
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