Michael Hudson: Obama Said Hillary Will Continue His Legacy – and Indeed She Will!
An update on Hillary’s coronation.
Read more...Category Archives: The destruction of the middle class
How Much Do Shady Financial Practices Cost You, Exactly?
The average U.S. household loses over $100,000 to destructives activities of bankers and financiers
Read more...Investment Implications of the Rise of the New Lumpenproletariat and Political Shocks
How rising numbers of the new lumpenproletariat, meaning contingent and least-paid workers, are reshaping economies and politics.
Read more...8 Countries Where Rampant Inequality Has Led to Violence
Yes, Virginia, inequality is dangerous but that does not stop many of the really rich from wanting more. us.
Read more...Did the New York Times Really Need to Let Jamie Dimon Crow About the Measly Raise He Is Granting Employees?
Jamie Dimon throws JP Morgan workers some crumbs.
Read more...Financial Times Picks Up on Irish Growth Blarney Story…. That We Reported Months Ago
Irish growth is even phonier than the media would have you believe.
Read more...Meet the Middle Precariat
The rise of the “middle precariat” is another sign of how badly pay levels and workplace protections have eroded.
Read more...Credentialism and Corruption: The Opioid Epidemic and “the Looting Professional Class”
The professional classes as a transmission vector in the opioid epidemic.
Read more...How MBA Programs Drive Inequality
How MBA programs reinforced the inequality-promoting neoliberal economic model.
Read more...The UK Vote to Leave European Union
A judicious, high level overview of the Brexit vote and its implications, the big one being that it moves Britain to the right.
Read more...Elizabeth Warren Lanches Campaign Against the TPP
Elizabeth Warren takes on a new target and goes against Clinton on the TPP.
Read more...Bill Black: BREXIT – Tony Blair
Tony Blair sides with the bankers and against the popular will. Quelle surprise!
Read more...Nassim Nicholas Taleb: How to Own a Slave
In what ways has the employer-employee relationship come to resemble slavery?
Read more...Puerto Rico ‘Rescue’ Bill to Reinforce Colonial Relationship with US
Not surprisingly. Puerto Rico is about to get a big dose of austerity…..which Latvia-style, will push more people with skills to leave.
Read more...Elizabeth Warren Opens Broad Attack Against Rent-Seeking Oligopolists Like Amazon, Apple, Google, Walmart, Comcast
Curiously, Elizabeth Warren is taking aim at powerful interests that are deeply loyal to Hillary Clinton. The plot thickens.
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