Category Archives: The destruction of the middle class

The Nationalist Right Tries a New Formula to Sell the European Neoliberal Project

In Italy and elsewhere, the right combines anti-immigrant and chauvinist measures with neoliberal policy.

More on the Collapse of Operational Capabilities in the West: How Did We Get Here

Some thoughts on the rapid decline in operational capabilities, or why tons of people, particularly those in charge, are no good at their jobs

Fascism is the Western Answer to Class Struggle

Rob Urie makes a reasoned, data-backed case that the tools used in supposed democracies to enforce class standing merit the label of fascism

Energy Destinies – Part 8: Pathways

Satyajit Das concludes his series on the future of energy by looking at curbing demand, aka radical conseration.

Going on a Big Energy Diet: Will the Status of Women Be a Casualty?

Will coming energy crunch roll back women’s gains?

Why the GOP Is Trying to Take Credit for Union Workers’ Infrastructure Victory

The feckless Dems get no respect, even on the rare occasions when they do the right thing, as with a recent infrastructure bill.

Central Banks and Income Distribution: Does the Taylor Rule Push Up Rentier Incomes?

An explanation of how a favorite Fed rate setting tool, the Taylor Rule, promotes inequality by shifting income away from workers.

‘Time for Congress to Act’: Sanders, Scott Unveil $17 Federal Minimum Wage Bill

Another push for a minimum wage boost. The gap between the $17 target and the current level of $7.25 an hour is a yawning chasm.

James Galbraith: How Central Bank Myths and Practices Support Financiers and Dollar Hegemony

Sadly, some bank-serving fables are very durable, so James Galbraith has (yet another) go at them.

Rage, Neoliberalism, and Phone Trees

How neoliberalism is contributing to the collective sour mood.

The Looming War Against China: Economic Logic Has Been Replaced by National Security Overrides

Michael Hudson provides a deep dive on the US’ and now its Western allies’ obsessive campaign against China.

How the Mayo Clinic and Uber Killed Efforts to Help Workers in Minnesota

The Land of 10,000 Lakes has been widely celebrated for its supposedly worker-friendly legislation this year, but liberal Democrats headed for the exits when push came to shove.