Naked Capitalism’s Skunk Party Manifesto Finds a Home in the New Kentucky Party
The Skunk Party Manifesto explained how the best political system money can buy is great for its customers and lousy for the rest of us
Read more...Category Archives: The destruction of the middle class
This Labor Day, Working Families’ Earned Social Security Benefits Are at Risk
A reminder that it would not be hard to “save” and even expand Social Security, save the reluctance to tax the rich a smidge more.
Read more...Will There Be a General Strike on May Day, 2028?
UAW President Shawn Fain’s call for a general strike: Background, critique, and possibilities
Read more...How Responsible Is the Rental Housing Cartel for the Explosion in Homelessness?
Since collusion in pricing and vacancy hit critical mass in 2016, homelessness has soared.
Read more...The Problem with AI
Why AI is likely to have more limited use than boosters anticipate, particularly in replacing professionals like teachers and accountants.
Read more...Rob Urie: Kamala Harris is the New Face Being Put on America’s Wars
An unvarnished assessment of what a Kamala Harris presidency would amount to.
Read more...Why Poverty Reduction Under Capitalism Is a Myth
A full-throated critique of the claim that capitalism benefits the poors.
Read more...On the Distortions and Distractions of the Democratic National Circus
A well-targeted rant about the offensive shallowness and neglect of concrete material needs of voters that the Democratic Party now embodies.
Read more...Why People Stay After Local Economies Collapse − A Story of Home Among the Ghosts of Shuttered Steel Mills
Why many community members don’t leave in the face of localized collapse, and how they adapt.
Read more...Kamala’s Failed Opportunity
In her DNC speech, Kamala Harris embraced Republican language on the economy. So how deep does her purported progressivism run?
Read more...The Geography and Determinants of ‘New Work’ in the United States
The findings point to the role of local human capital as a key element both in generating ‘new work’ as well as in turning some shocks, such as trade and technological change, into ‘new work’.
Read more...The Death of the Engineer CEO: Evidence that Short-Termism and Financialization Had Become Ascendant
A look at how some turning points in the history of Corporate America, such as CEO changes of guard, explain how America hollowed itself out.
Read more...State Greenlights NYC Evicting More Migrant Families From Shelters
Migrants in facilities overseen by the city Department of Homeless Services will start receiving notices they must leave after 60 days
Read more...Robots and Wage Polarisation
Quelle surprise! Introducing robots into workplaces slows wage growth, particularly among factory labor.
Read more...Tyson Foods Is Being Investigated by the USDA
Investigation follows Tyson Foods’ recent closure of nine meatpacking plants across the country, allegations not only violated an agreement to sell the plants to a competitor but conspired to suppress that competition.
Read more...