Category Archives: The destruction of the middle class

The French Election Is All About Imperialism. Here’s Why

How media oligarchs have been moving French voters, and with them, mainstream parties, to the right.

Sanders Hails Growing Union Movement as Threat to ‘Oligarchy and Corporate Greed’

As Sanders celebrates the Amazon union victory, some billionaire overlords are getting testy.

Business Groups Thwart Senate Confirmation of David Weil to Key Labor Department Post

Gang of three Democratic senators thwart confirmation of David Weil to key Labor Department post.

Housing Is a Human Right—Here’s How to Make It a Reality

e federal government has enables the private market to profit from housing. Time for a public option for housing?

‘Their Inflation Strategy Is Working’: Corporate Profits Soared to Record High in 2021

“CEOs can’t stop bragging on corporate earnings calls about jacking up prices on consumers to keep their profits soaring,” said one expert.

The IMF Connection with the Ukraine Crisis

You can’t quite say the IMF is the root of all evil. But it sure made a lot of bad situations worse.

War or Peace, Barbarism or Hope: War Threatens World with Stagflation

A short hisory of stagflation and why it’s a pressing risk now.

Corporations Are Suppressing Wages—There’s a Fix for That

Don’t buy the hype about wages rising naturally About 1/3 of American workers are underpaid due to the refusal to raise the minimum wage.

At What Point Does a Billionaire’s Greed Hurt the Rest of Us?

How the growth of a billionaire class is the result of policy choices.

Robots for Economic Development

Data on Indonesian manufacturing firms shows a positive impact on employment of adopting robots.

Sanders Welcomes End of Major League Lockout But Slams ‘Baseball Oligarchs’

Sanders calls out baseball oligarchs for major league lockout.

Calls Mount to Cancel Student Debt as Biden Weighs Longer Payment Pause

Despite polling showing student loan cancellation to be popular, even among those who don’t hold such debt themselves, Biden is unlikely to cancel all student debt outright.

There’s No Sugarcoating Hershey’s Abuse of Workers and Union-Busting Tactics

Hershey is not nice.