Tom Engelhardt: Donald Trump – Campaigning on America’s Decline
Trump’s campaign is proof of America’s decline….but not in the way you think.
Read more...Category Archives: The destruction of the middle class
Gaius Publius: A Look Ahead – Coming to the Philadelphia Crossroad
What happens to the credibility of the Democrats as a party if Sanders makes it past the Philadelphia crossroad?
Read more...Sanders Constituency Will Shape U.S. Politics for the Next Decade
Will the Sanders campaign spark fundamental change?
Read more...Gaius Publius: Hillary Clinton Won New York, But Her Image Is Underwater
The implications of Clinton’s rising unfavorable ratings.
Read more...Gerald Friedman: Why “Liberal” Economists Dish Out Despair
“Liberal” economists still embrace the dominant pseudo-Keynesian orthodoxy despite its failure in the financial crisis and its role in increasing inequality.
Read more...How European Union Fiscal Rules Subverted Democracy and Institutionalized Neoliberalism
A good overview of how fiscal rules gave neoliberal ideology and unaccountable bureaucrats the upper hand in the EU.
Read more...Bill Black: Adam Davidson, the 1%’s Lord Haw-Haw, Mangles Economic Theory to Attack Sanders
Adam Davidson makes numerous misrepresentations about economics in a salvo against Bernie Sanders’ economic plans. Does he really not know better, or has he really drunk the orthodox Kool-Aid?
Read more...Credentialism and Corruption: Neoliberalism as Lived Experience
How do these people live with themselves.
Read more...Youth Unemployment in the Mediterranean Region and its Long-Term Implications
The data on European youth unemployment is sobering, and the migrant influx is making a bad situation worse.
Read more...Bill Black: “Liberal” Economists Cheered the New Democrats’ Deregulation of Finance
A case study illustrating how soi-disant liberal economists pushed the US to the right during the Clinton Administration.
Read more...Intra-EMU Divergence Is A Feature Not A Bug
Yves here. I’m leery of reinforcing the “competitiveness” meme, since it’s based on the false premise that all countries can be exporters. But this article nevertheless makes important observations about Eurozone structural flaws.
Read more...Gaius Publius: A Look Ahead: Neither Party Can Win Without Winning Independents
Independents are key to winning the general election, particularly for the Democrats, And they are not moderate Republicans; they are now pretty radical.
Read more...What Happens When America’s Kids Confront Extreme Inequality?
A hopeful account and some lessons about inequality from Chelsea. But can we really generalize from this case?
Read more...What “Hope” (and Change) Look Like in the Labor Market, According to the New York Times
Why aren’t all segments of the labor market equally crapified?
Read more...Gaius Publius: Will Sanders Play His Ace?
Sanders lists demands for Clinton if he fails to get the nomination…and it includes demands like single payer that are so far from her current position that it is inconceivable that she will give them lip service.
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