Reader Sanity Check: Erosion of the Skilled Trades?
America is rotting from the top, witness the arrogance and incompetence of our elites. But are we also faling short on skilled workmen?
Read more...Category Archives: The destruction of the middle class
Michael Hudson: Germany’s Position in America’s New World Order
Why is Germany in thrall to the US, to Germany’s great detriment? A historical analogy provides some insight.
Read more...After Bolsonaro’s Failures, Why Was Brazil’s Election So Close?
Lula wins by a whisker, but the Bolsonao Christian Right remains a powerful threat.
Read more...Successful Tool Lending Libraries Force Us to Rethink What the Public Is Willing to Share
Tool libraries lend implements and devices and provide guidance to community members who can’t afford to own or store their own tools.
Read more...Stop Worshiping Central Banks
Preoccupied with ‘credibility’ and reputations, central banks are again driving the world into recession, financial turmoil and debt crises.
Read more...The Ongoing Criminalization of Homelessness
States and localities across the US continue to pass laws criminalizing “public camping” and other draconian crackdowns on the increasing number of homeless people in the country.
Read more...Satyajit Das: A Disordered World – Part 2: Susceptibilities
Satyajit Das continues his tour of the breakup of the world order, here focusing on financial/economic dislocations and dysfunctional elites
Read more...Sunak Has Been Set Up To Fail and the Likelihood Is That He Will
Rishi Sunak has a Mission Impossible even before getting to his bad impulses. Most countries in the West face the same long list of problems
Read more...Virtue Hoarders: The Case Against the Professional Managerial Class – An Essay-Review in Memory of Barbara Ehrenreich, 1941-2022
A takedown of the pretenses of the professional managerial class.
Read more...It No Longer Makes Sense for the Bank of England to be Independent
The Bank of England engaged in a mini-coup. But no one seemed to mind because Truss. Will it be reined in?
Read more...U.S. Companies Now Charge Ex-Employees for Their Training
Training clawbacks as yet another wage theft scam.
Read more...How Corporations “Get Away With Murder” to Inflate Prices on Rent, Food, and Electricity
Antitrust expert Hal Singer shows how big businesses in certain industries are jacking up prices far beyond their cost increases.
Read more...Progressives Say New Midterm Poll Must Be ‘Wake Up Call’ to Democrats
“Democrats should close the election with a clear argument about who is prepared to fight for the working class.” Can they?
Read more...Is the UK About to Hit the Wall?
The UK is in sorry shape…..and is looking like the canary in the economic coal mine.
Read more...Why the Soviet Union Imploded
The Soviet Union depended on energy sales and consumer production stagnated. Reforms promoted the rise of oligarchs and the 1990s free fall.
Read more...