Private Equity Kills Toys R Us, Workers Get No Severance
Toys R Us stores will shutter this month: private equity firms killed the company, and its workers are left with no severance.
Read more...Category Archives: The destruction of the middle class
More Evidence of Increasing Deflationary Pressure on Wages
Bosses on wages: “No more raises for you!”
Read more...Did Italy’s 5 Star-Lega Coalition Blink in Its First Standoff With Eurocrats and Banksters?
Taking stock of the opening moves in the confrontation between Italy’s upstarts and the European establishment.
Read more...How Media Amnesia Has Trapped Us in a Neoliberal Groundhog Day
How the media became the useful idiot of neoliberalism.
Read more...Salient Economic Characteristics of the Counties that Flipped to Trump, Sorted by Maslow’s Hierarchy of Needs
Maslow’s hierarchy of needs and an economic message for Democrats.
Read more...Here’s How Money Is Destroying the World Through Addiction
See this problem for what it is: A loosely organized group of global addicts getting together to figure out ways to enrich each other financially.
Read more...Understanding Right and Left Populism
Experts appear to have understated the role of economic insecurity in sparking the rise of populism.
Read more...Bill Black: Trump Admin Halts Investigation of For-Profit Colleges
Bill Black discusses Education Secretary Betsy DeVos’s decision to stop investigating for-profit colleges and educational institutions for fraudulent practices.
Read more...The Populism Backlash: An Economically Driven Backlash
Quelle surprise! The rise of populism correlates strongly with increases in economic insecurity.
Read more...To Reform Capitalism, Look to Marx
A high-level discussion of the re-imaging of the word “capitalism”.
Read more...Yes, Neoliberalism Is a Thing. Don’t Let Economists Tell You Otherwise
Now that people have started to discover what neoliberalism is, denialism is the rage.
Read more...Official Unemployment Is at 3.9%? Economist Robert Pollin Says It Is More Like 12%
Why the headline unemployment numbers give a wildly rosy picture of the state of US labor markets.
Read more...Trump Willing to Give a China a Break on Sanctions Against ZTE Electronics. What Gives?
Trump again does what he seems to do best, the unexpected, with a Sunday tweet offering a break to sanctioned Chinese electronics maker ZTE. How does this fit into the US-China trade spat?
Read more...Political Precariat
A look at the broader economic and political implications of the rise of the precariat.
Read more...Airbnb Turns to Brussels for Help as Anti-Tourist Backlash Intensifies in Europe
Airbnb is on the run in Europe and desperate to find allies.
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