Yves here. This post explains how the horrific mine explosion in Western Turkey, which has officially claimed nearly 300 lives as the death count continues to rise, was not an accident but the direct result of privatization and circumvention of safety standards.
Read more...How a conversation with a crypto anarchist put the BBC on tilt and unwittingly provided a lesson in how power issues are kept out of polite conversation.
Read more...The absence of serious discussion of an only-worsening student debt problem is troubling.
Read more...Apologies really do matter, but they can’t be offered on the cheap.
Read more...Why Rhode Island’s maximum wage proposal is a potential big step toward reducing income inequality.
Read more...Varoufakis spoke with Senior Editor Peter Suderman about what he learned as a video game economist, the failings of his chosen academic profession, and how computer games and virtual online worlds might be the future of macroeconomics.
Read more...One of my pet peeves is the degree to which the notion that corporations exist only to serve the interests of shareholders is accepted as dogma and recited uncritically by the business press
Read more...The people of Europe are finally pushing back against the European Super State, if recent polls are anything to go by.
Read more...Are Silicon Valley and DealBook so desperate that they cannot find an honest CEO to revere?
Read more...By Peter Van Buren, who blew the whistle on State Department waste and mismanagement during Iraqi reconstruction in his first book, We Meant Well: How I Helped Lose the Battle for the Hearts and Minds of the Iraqi People. He writes at his blog, We Meant Well and has a new book Ghosts of Tom […]
Read more...Why “groaf” is the new “growth” and Naked Capitalism readers are duly skeptical of it, along with its young cousin, “jawbs”.
Read more...If you think medical care in the US is already suffering from crapification, the Brave New World of corporatized medicine will take it to a new level.
Read more...Yves here. The subject of inequality in income and wealth has, in the last year or so, become an oft-mentioned topic in economic and political commentary. It’s now even acceptable to use the word “oligarchy” to describe the US. Yet too often lost in the debate is that this type of inequality is the result of what right society allows various members to have. For instance, in the last 30 years, intellectual property laws have gotten stronger while the rights of workers to organize have been cut back.
We had a more equitable society when unions were stronger, taxes were more progressive, and anti-trust laws were enforced. This post by Geoff Davis serves as a reminder that there are remedies other than progressive taxation (which he regards as an after-the-fact remedy) to achieve that end.
Read more...Why are long hours and more focus on work the new normal?
Read more...Why national security state crimes seem to fall into a “too big to fail”-like category. Call it “too big to jail.”
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