Category Archives: The destruction of the middle class

Brexit Big Lie: UK Could Have Reduced EU Immigration by 82% Under EU Rules

Contrary to Tory and pro-Brexit propaganda, the UK has plenty of power under EU rules to reduce immigration.

Zero Interest Rates in EU: The Myth of the Poor German Saver

The ordinary German is much less well off than most foreigners would assume.

Private Equity Slugfest! Managing Partner of Sequoia Slams Blackstone Chief Steve Schwarzman in New York Times Op Ed

Rifts are opening up among the financial elite. Michael Moritz, a partner from Sequoia Capital, penned a New York Times op-ed that blasts fellow private equity big dog Steve Schwarzman of Blackstone for cottoning up to Trump and for making his living from squeezing American workers and benefiting from the carried interest tax loophole, which […]

Trade and Political Power: The Past and Possible Ways Forward

The evolution of the post World War II trade framework and potential progressive responses to the downside for workers.

Cringley: How Silicon Valley Can Sidestep Trump H-1B Visa Restrictions

Why restrictions on H-1B visas may not do much for tech workers.

Are 401(k)s Contributing to the Growth of the Outsourcing of Jobs?

Yet another reason to regard 401(k)s as a failure….

Don’t Side With Neoliberalism in Opposing Trump

If you side with neoliberalism in opposing Trump, you risk helping him win a second term in office.

Is Inequality a Political Choice?

International comparisons on inequality do not put the US in a good light. Quelle surprise!

“The End of Employees”

Why business expect to have even fewer employees.

Bill Black: Why the Republicans Cannot “Replace” Obamacare

Why the Republicans will kill Obamacare or have to live with it in more or less its present form.

Waste Not, Want Not: Right to Repair Laws on Agenda in Some States

Right to repair laws are back on the agenda in five states. These measures would reduce costs and waste, and promote local repair services.