Understanding Household Financial Distress: The Role of Noncognitive Abilities
A critical thinking exercise on a study that claims that psychological traits are linked to financial distress.
Read more...Category Archives: The destruction of the middle class
Organizing Against the Gig Economy: Lessons from Latin America?
New strategies of organization and workers’ control in Latin America suggest ways to combat the insecurity of the gig economy.
Read more...UK’s Brexit Derangement Becomes More Visible as May Puts Foot in Mouth and Chews
As short seller David Einhorn has said, “No matter how bad you think it is, it’s worse.” I thought I was at risk of being unduly dire in my early readings on Brexit, which was that the two sides have a large gap between their positions and have been talking past each other. Early on, […]
Read more...Michael Hudson: Review of Steve Keen’s “Can We Avoid Another Financial Crisis?”
Steve Keen’s book is a compact, layperson friendly evisceration of mainstream economics and efforts to defend banks at the expense of citizens.
Read more...Gaius Publius: Obama Harvests His Presidency
Obama signs up to collect fat speaking fees from Wall Street for services rendered to the 1% during his presidency.
Read more...Mark Ames: Credit Suisse Decries Russian Inequality After Playing Leading Role in Creating It
Credit Suisse criticizes Russian inequality after having profited handsomely from playing a big role in creating it.
Read more...Former Workers at Elon Musk’s SolarCity Allege Employment Abuses, Improper Installations
Over 2000 former SolarCity workers allege labor violations, like denying overtime pay and bathroom breaks, as well as shoddy installations.
Read more...The Automation Grift: From Flying Cars to Ordering Cat Food on the Internet – Part 2
Why claims for automation getting rid of workers are greatly exaggerated.
Read more...America is Regressing into a Developing Nation for Most People
Like developing countries, America is becoming more stratified, with the economic and physical distance between rich and poor widening.
Read more...Investor-State Dispute Settlement (ISDS) Suits Become Favored Hedge Fund Investment
ISDS suits are increasingly getting financial backing from speculators like hedge funds.
Read more...Mexico’s Economy Is Being Plundered Dry
Some vignettes of Mexico as a failed state.
Read more...Health Care “Reform” by Insiders Who Benefit from the Status Quo: Media Fails to Report Conflicts of Interest
Quelle surprise! The press regularly presents highly paid, well-connected health care insiders as independent voices on “reform”.
Read more...13 Questions That Expose Charter School Falsehoods
The sales pitch made by charter school boosters does not hold up to scrutiny.
Read more...It’s Time to Regulate the Gig Economy
Depicting the gig economy as ‘sharing favours’ creates a parallel dimension, where chores are form of leisure, with no relation to ‘work’.
Read more...Reading the Fine Print in Cuomo’s “Tuition-Free College” Plan
Cuomo’s plan Is means-tested, doesn’t cover fees, covers full-time students only, and has a residency requirement, clawbacks, and “crapshoot” clause
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