Who Loses Out From Covid-Induced Changes in Buying Patterns?
Why for some sectors of the economy, life after Covid may never be the same.
Read more...Category Archives: The destruction of the middle class
Antitrust Spring
Regulators and officials are dusting off antitrust rule books to go after tech monopolists.
Read more...Why We Need to Adopt Friedrich Engels’ Thinking on Science in These Times
Friedrich Engels work on working class included describing how capitalists would not contrain their environmental damage.
Read more...Do Billionaires Destroy Democracy and Capitalism?
The US can draw on its Gilded Age to bring its billionaires to heel.
Read more...Study of 50 Years of Tax Cuts For Rich Confirms ‘Trickle Down’ Theory Is an Absolute Sham
Another nail in the trickle down economics coffin. Too bad that vampire-like, it keeps coming back.
Read more...Americans’ Hunger During the Coronavirus Pandemic – Here’s What’s Happening in Los Angeles County
More and more Americans are suffering from hunger due to Covid economic stress, as Los Angeles demonstrates.
Read more...Pain: The Next Public Health Challenge
Pain – the top joint problem in the US – differs by education.
Read more...DoorDash Delivery Workers Would Need to Toil for Two Days to Buy a Single Share of Their $60 Billion Company
A look at how DoorDash exploits its workers, and how they and some legislators are seeking to change that.
Read more...Why America’s Future Depends on Rebuilding Our Factories
Bringing factories back to the US would have been a good idea 20 years ago. Hard to see how we get there from here now.
Read more...Is It Time for a Debt Jubilee?
Steve Keen and Micheal Hudson provide a deep dive on a debt jubilee, and how it could be implemented in a Covid-afflicted economy.
Read more...Rana Foroohar and Mark Blyth on Democrats Trying to Please Too Many Money Masters at Once
The Democrats will soon decide which campaign promises will be ignored or walked back. Sandernistas, brace yourselves.
Read more...The Gospel of Capitalism is the Biggest Turkey of All
Western modernity and capitalism may be exhausting themselves, says author Eugene McCarraher. And that’s something to be thankful for.
Read more...The Coming Deadly Covid Winter
Extrapolating from well-advanced Covid developments leads to some ugly destinations.
Read more...What Would a State-Owned Amazon Look Like? Ask Argentina
Amazon hasn’t done well in Latin America. Now Argentina will challenge private platforms to benefit workers, consumers and sellers.
Read more...‘The Real Looting in America Is the Walton Family’: GAO Report Details How Taxpayers Subsidize Cruel Low Wages of Corporate Giants
Taxpayer money subsidizes the looting of the Walton family. Why should one family reap billions while its workers can barely survive?
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