Category Archives: Income disparity

Financialization of the U.S. Pharmaceutical Industry

A takedown of the pharmaceutical industry’s assertion that it need to price gouge so it can invest in R&D. Profits go almost entirely to various forms of looting.

US Targets Wage-Repression Model in Mexico, Demands Inspections, Industry Has a Cow

A proposed provision in the so-called “NAFTA 2.0” to increase autoworker wages in Mexico is raising hackles south of the border.

Why Hospitals Never Have Enough Nurses: The Explanatory Power of “Prasad’s Law” of Wealth Concentration

Nurses, or more accurately, nurse staffing levels demonstrate a central bad incentive in American medicine.

Tucker Carlson Tears into Vulture Capitalist Paul Singer for Strip Mining American Towns

Tucker Carlson takes on the feared vulture capitalist Paul Singer as an examplar of how hedge funds are destroying American communities.

The Debt Delusion

A short take on John Week’s new book, The Debt Delusion, and why it matters.

Wealthy Countries’ Approach to Climate Change Condemns Hundreds of Millions of People to Suffer

Emerging economies want large scale subsidies from their richer brethren to pay for them to move to green energy sources.

What This Election Proves Is the Need for Epoch Making Change

The upcoming UK election will usher in major change. But will it be change that benefits ordinary people?

America’s War Exceptionalism Is Killing the Planet

War is America’s new normal, and it’s deadly.

AOC Schools Mayor Pete on Why Means Testing Free College Is Such a Bad Idea

AOC rebukes Pete Buttigieg on his plan to means test expanded funding for college tuition.

What’s Behind the Subprime Consumer Loan Implosion?

Subprime loan repayment continues to deteriorate. What is going on?

Federal Prosecutors Initiate Criminal Probe of Six Opioid Manufacturers and Distributors

Federal prosecutors in Brooklyn have initiated an investigation that could lead to criminal charges against at least six opiods companies.

Obama Privately Considered Leading ‘Stop-Bernie Campaign’ to Combat Sanders 2020 Surge: Report

Obama would try and stop Sanders if it looks likely Bernie would get the nomination – regardless of whether that’s the best shot to defeat Trump.

The Privatized Internet — Entire .ORG Domain Registry Sold to Investment Equity Firm “Ethos Capital”; Registration Fee Restrictions Removed

Private equity grifting meets internet domain names.

Making Sense of Bolivia’s Discontent

Unpacking the many political and policy contradictions in Bolivia over the past decade.