Nina Turner: Wall St. Democrats vs. Working Class Democrats
A wide-ranging discussion with Nina Turner from the People’s Summit in Chicago.
Read more...Category Archives: The destruction of the middle class
Globalization and Executive Compensation
One way globalization has increased inequality: via executive pay.
Read more...Starved School Budgets Across the US: A Symptom of Education Funding Crisis
School budgets are in worse shape in many parts of the US than you might have imagined.
Read more...Supreme Court Lexmark Patent Decision A Win for State Right to Repair Legislation
Interprets patent exhaustion doctrine to prevent patent holders from imposing use and sale restrictions; implicitly endorses repair.
Read more...Michael Hudson: Are Students a Class?
Students as the new NINJA creditors, and the broader implications of the use of debt as an instrument of social control.
Read more...The New New Deal
The myth of the virtues of markets is past its sell-by date. Time for a new guiding principle, and the New Deal may be the place to start.
Read more...Government Austerity Demands That We Die Within Our Means
Theresa May’s plans to intensify austerity are costing her votes. About time.
Read more...Apple Spends Big to Thwart Right to Repair in New York and Elsewhere
Apple spends big to thwart right to repair, while efforts to expand into to India meet mixed results and fail to snare concessions as sought.
Read more...The New Normal: Demand, Secular Stagnation and the Vanishing Middle-Class
Discusses twin diseases stymieing US middle-class– secular stagnation and the polarization of jobs and incomes– and potential policy cures.
Read more...Mr. Market Starts to Question Trump Trade Delusion
A look at the “Trump trade” pearl clutching yesterday.
Read more...Toward a Jobs Guarantee at the Center for American Progress (!)
A look at a new Jobs Guarantee proposal from Neera Tanden and Rey Teixeira.
Read more...More Evidence School Choice Hurts Student Performance
More proof that “school choice” as in vouchers, is about profiteering and ideology rather than better education.
Read more...Jobless Recoveries: Exploring Technology’s Role
Recoveries from recessions in the US used to involve rapid job generation, but job growth has failed to match GDP recovery after recent US recessions. This column examines the role of technology in this and asks whether jobless recoveries are a wider problem outside of the US. In the US, industries that are more prone to technological change experienced slower job growth during recent recoveries, but it appears unlikely that modern technologies are causing jobless recoveries outside of the US. This poses a puzzle as to the nature of recent jobless US recoveries.
Read more...How Financialization and the “New Economy” Hurt Science and Engineering Grads
How the “new economy” devalued science and engineering degrees.
Read more...Falling Through the Cracks: Insecure Work and the Social Safety Net
How the redefinition of work is not just imposing costs on laborers but society via factors like stress and poor training.
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