The Nobel Prize in Economics: How It Took a Hard Neoliberal Turn
How the so-called Nobel Prize in economics came to validate neoclassical thinking, even as it failed in Sweden.
Read more...Category Archives: Social values
“There Ought to be a Law….” Why Prison is the American Way
How overreaching and poorly conceived laws produce difficult-to-justify prison sentences.
Read more...Popular Acceptance of Inequality Due to Brute Luck
People don’t mind inequality due to “brute luck”…but is one man’s brute luck another man’s rigged system?
Read more...Academic Penury: Adjunct Faculty as the New Precariat
The perilous status of adjuncts, who serve as contingent faculty.
Read more...Michael Hudson: Celebrating the One Percent – Is Inequality Really Good for the Economy?
The backlash has begun. Prominent economists are upping their game in trying to depict the gains of the One Percent as virtuous and beneficial.
Read more...Don’t Celebrate Just Yet: Median Household Income In a 20-Year Decline
Recent statistics from the US Census Bureau show improvement from 2014-2015, but in reality, wages are in a real decline and no mechanisms have been put in place to prevent another crash, says economist Richard Wolff
Read more...Louis Proyect: Snowden
A review of Oliver Stone’s movie on Edward Snowden.
Read more...How the SEC Enabled the Gross Under-Reporing of CEO Pay
Why CEOs are even more grotesquely paid than you thought.
Read more...Don Quijones: Barcelona Just Declared War on AirBnB (and Its Hosts)
Why Barcelona is taking a tough stand on AirBnB, and has strong support of its citizens.
Read more...Bill Moyers: We, the Plutocrats vs. We, the People: Saving the Soul of Democracy
National treasure Bill Moyers describes the rise of inequality and America’s descent into plutocracy, reflecting wisdom acquired over six decades of thinking and writing about American politics.
Read more...Michael Hoexter: Living in the Web of Soft Climate Denial
A long road is ahead for humanity in adjusting to our new circumstances but we must now act at times before we are comfortable doing so. Such is the nature of our climate emergency.
Read more...Sleepers, Wake
Sleep, and capitalism.
Read more...Happiness Inequality and the Importance of Trust
Discussions about inequality tend to focus on the distribution of income and wealth. This column argues for a shift in focus towards another source of inequality – subjective wellbeing. Wellbeing inequality has grown significantly for the world as a whole and in eight of the ten global regions. One way to address this inequality is to increase social trust.
Read more...The Slave Power, Slave Credit, Slave Labor
Book reviews of Slavery’s Capitalism and This Vast Southern Empire, with some thoughts on their relevance to our own day.
Read more...There’s a Lot to Celebrate This Labor Day: The Summer Has Been Filled with Victories for Workers
A round-up of victories for labor in the last year.
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