What Does the US’ Increasing Emulation of Israel Augur for the Country’s Future?
As cooperation in the killing fields of Gaza continues, the genocidal ideology comes home. What is the way out of this madness?
Read more...Category Archives: The destruction of the middle class
Housing a Basic Right or Playground for Global Capital? – Paul Jay
How the financialization of housing destroys the societal fabric and why we need to make housing public infrastructure—like schools or libraries.
Read more...Billionaires Flail About Trying to Beat Mamdani; Wall Street Journal Describes Shambolic Plan to Spend $20 Million
What fun! Billionaires running around all hair on fire over their inabilty to do much to check Mamdani.
Read more...That $20 Dress Direct from China Now Costs $30 After Trump Closed a Tariff Loophole – and the US Will Soon End the ‘De Minimis’ Exemption for the Rest of the World, too
How the Trump tariff attack on low-value shipments from Hong Kong and China (and soon elsewhere) is yet another tax on the poor.
Read more...Early Job Mentoring, Placement, and Training Boost Refugee Integration Without High Costs
Like it or not, advanced economies are committed to immigration to counter low birthrates. Better refugee integration reduces the friction.
Read more...The Sad (Very Familiar) New York Times and Its Mamdani Hit Piece
The hit parade, as in the hit piece parade, on New York City mayor candidate Zohran Mamdani, is still in high gear.
Read more...Trump’s Self-Destructive Fight with the Fed for Low Interest Rates: His “Fiscal Dominance” Game of Chicken
Trump is fighting another war he can’t win: trying to use interest rates to counter the inflation created by his yawning fiscal deficits.
Read more...How Global Value Chains, Much Hyped by Development Experts, Slowed Growth and Preserved Inequality in Middle Income Countries
Tackling a pro-multinational development canard which looks to have made the so-called middle income trap worse.
Read more...Michael Hudson: The Collapse of America’s Economic Empire
Michael Hudson, expanding on his seminal work Super Imperialism, chroniciles the rise and in-process decline of US financial hegemony.
Read more...Trump’s Homeland Security Council Sets Its Sights on Zohran Mamdani
A window into the thuggish efforts to sabotage Zohran Mamdani bid for New York City mayor, here by the Department of Homeland Security.
Read more...Can Unions Really ‘Lead the Resistance to Authoritarianism?’
Probably not in their current form, but there’s a counterintuitive argument that we should be cheering for the Supreme Court to dismantle the National Labor Relations Board in order to revitalize labor.
Read more...Financial Times on Coming Climate-Change-Driven Meltdown in Real Estate: Gradually, Then Suddenly?
A detailed, yet still softball, take on how climate change damage will wreck property values and much of what passes for an economy
Read more...US Shale Can’t Scale If No One’s Left to Work It
A form of class warfare hits shale players Too few young workers like the industry and its long-term career prospects.
Read more...Trump Backfire: How the 2018/19 US Tariffs Against China Boosted Exports and Employment in Mexico
How a Trump 1.0 tarrifs backfire illustrates fundamental flaw in how Trump goes about doing things.
Read more...What’s Next for Capitalism — Reinvention or Authoritarian Rule?
In Capitalism and Its Critics, John Cassidy presents historical foes of monopoly, inequality, environmental peril, and authoritarianism
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