The Economic Drivers of Political Disruption in Advanced Economies
The (bad) economic policy roots of political polarization.
Read more...Category Archives: The destruction of the middle class
5 Ways Corporate Power Increases Inequality
How corporate power squeezes the middle class.
Read more...Scotland Disses Theresa May by Reviving Anti-Inequality Law She Loathes
Another min-joust between the UK and Scotland, this on an innovative anti-inequality stipulation.
Read more...How ‘Competitiveness’ Became One of the Great Unquestioned Virtues of Contemporary Culture
How political authority has legitimated and promoted the questionable goal of competitiveness.
Read more...Video: Guide to Legal Tax Evasion (With #iPhone7Boycott)
A humorous starter guide as to how multinational engage in legal tax evasion, and how to tell Apple to cut it out.
Read more...Contradictions at the Kitchen Table: Sanders, Obama, and Clinton at the Democratic National Convention
The power imbalance between labor and capital, as revealed by Presidential speeches at the Democrat National Convention.
Read more...Wolf Richter: US Homeownership at Lowest Level in Over 50 Years
Despite large subsidies to housing and mortgage finance. homeownership has plunged to 1960s levels.
Read more...Michael Hudson: Obama Said Hillary Will Continue His Legacy – and Indeed She Will!
An update on Hillary’s coronation.
Read more...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.
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