Biden Administration Migrant-Friendly Southern Border Policy Creating Splits Among Democrats; NYC About to Eject 4,500 from Shelters
den”s “even more open borders” policy is generating resistance among some Democrats.
Read more...Category Archives: The destruction of the middle class
Imperialism: How the Struggle of Both Classes and Nations Creates Our World
How imperailasm has determined much of the structure of the international economy and that in turn affects domestic interests.
Read more...Technotage on the Rise? More Efforts to Stymie Job-Threatening, Sometimes Hazardous “Innovations”
Ant-technology action, or technotage, seems to be increasing. Is this a trend or just coincidence?
Read more...Book Review: Two Critiques of America’s Ailing Health Care System
Two new books chronicle the shortcomings of the nation’s health care system, if you can call it that.
Read more...Medicare for All, Not Medicare Advantage
How Medicare Advantage plans raid taxpayer funds and routinely fail to deliver the care that patients expect and deserve.
Read more...Jonesing on Carbon
A reminder that the rich are grossly dispropirtionate carbon fuel users.
Read more...The Scourge of Corporate Financialization: Income Inequity, Employment Instability, Productive Fragility
Stock buybacks, aka corporate financialization, as a mode of predatory value extraction
Read more...Fed Ponders How Quickly to Try to Inflict More Pain on the Economy to Get Inflation to 2%
Debates inside and outside the Fed as to what it should do next about inflation pick up as its annual Jackson Hole conference approaches.
Read more...Stigler Center/ProMarket Hypocrisy: Published, Then Removed Post That Justified Anti-Trust; Bogus Excuses Demonstrate University of Chicago Failed Econowashing of Hard Core Neoclassical Stance
ProMarket and the Consumer Welfare Standard: Output increase is not sufficient to increase welfare. Allocation, aka distribution, matters.
Read more...A Peek at Big Pharma’s Playbook That Leaves Many Americans Unable to Afford Their Drugs
The Biden Adminstration has implemented some modest curbs on drug prices. Big Pharma is fighting a rearguard action in court.
Read more...How Javier Milei Upset Argentina’s Political Status Quo
Yves here. We’re featuring a post from openDemocracy on Argentina’s primary results that had far-right candidate Javier Milei beating the candidates of the two parties that have been in power for two decades. The post is telling, and not in a good way. Milei does advocate extreme views (not that he can go as far […]
Read more...The Rise of Private Cops: How Not to Tackle Homelessness
Why a story on the abuse of private power, here a security guard beating up the homeless on public property, does not go far enough.
Read more...“We Need to Raise a Lot More in Tax from the Wealthy but That Does Not Convince Me That We Need a Wealth Tax”
Why a wealth tax is not only no magic bullet, but also not likely to work very well.
Read more...The Overlooked Role of the Financial Crisis in the Subjugation of Europe
Europe faces permanent economic diminution thanks to following US sanctions But did the financial crisis pave the way for this self-sabotage?
Read more...Are Corporate Executives Expendable?
Analysts across the political spectrum challenge massive paychecks of corporate chiefs—and whether companies can survive without them.
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