Good Riddance, Alan Greenspan
Cataloguing some of the less-well recognized ways that Alan Greenspan did tremendous harm to the financial system and citizens at large.
Read more...Category Archives: The destruction of the middle class
Keir Starmer Resigns: Can Anyone Survive as Prime Minister in Today’s Britain?
Starmer post-mortems raise questions about what next for what passes for UK leadership.
Read more...What Would Happen if the UK Tried to, or Did, Repay Its National Debt?
The leadership contest in the UK is set to produce yet more flogging of bad neoliberal tropes, so this post provides a needed counterpoint.
Read more...‘It’s Like Hell’: 60 Lawsuits Detail Alleged Medical Neglect at ICE Detention Center
Medical and court records show ICE denied medical care to cancer patients, pregnant women and those with life-threatening chronic conditions.
Read more...“This Wealth Tax Won’t Work”
Sadly, trying to tax wealth directly is not what it is cracked up to be. But there are other approaches that are viable.
Read more...How (And Why) AI is Eroding Democracy in the US
Big Tech elitists enlist AI for power grabs, from spying in our homes to profiting from militarism. Luckily, people are fighting back.
Read more...Michael Hudson: Debts That Cannot Be Paid Won’t Be
R. C. J. Cranstoun spoke with Michael Hudson on debt, rentierism, and the geopolitical rift around sanctions, energy, and the dollar system
Read more...‘This Is Oligarchy’: Nearly 100 Billionaires Are Funding Susan Collins’ Reelection Bid
My goodness, why are so many billionaires, the overwhelming majority of whom do not vote in Maine, so eager to see Graham Platner lose?
Read more...Wealth Is Not the Biggest Problem We Face: Inequality of Power Is
Is there any way back from the extreme concentration of power in societies across the world?
Read more...Lawsuit Puts Spotlight on Amazon’s Free Speech Violations, Use of Contractors to Facilitate Abuses Like Wage Theft
Amazon is engaged in a tooth and nail fight to beat a New York City bill to end its use of contractors to escape liability for labor abuses.
Read more...5 Ways Data Centers Endanger Their Local Communities and the Country as a Whole
Yet more on why you should hate data centers.
Read more...The Impoverishing Thinking of Central Bankers Who Want Interest Rate Rises
Central bankers look to make a bad problem worse by trying to ensure wages and prices stay down even as energy costs rise.
Read more...Michael Hudson: Geopathology and the Econopathology Behind it
How pervasive behavioral disorders among what passes for elites are destructive not just to the social order but ultimately to them too.
Read more...When ICE Ramped Up Enforcement, US‑Born Workers Didn’t See Any Economic Gains
US natives did not see wage gains from ICE crackdowns. But the story looks more complicated than some suggest.
Read more...Electile Dysfunction—Why Can’t the Democrats Get Their Polls Up?
Quelle surprise! The Democrats will not attend to the material needs of its traditional popular base because it is thrall to its donor class.
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