Neoliberalism Was Born in Chile. Now It Will Die There
A constitutional convention is remaking Chile to break with the model forged by murderous dictator Augusto Pinochet
Read more...Category Archives: The destruction of the middle class
The American Hyper-Focus on Individualism Makes Us Poorer, Sicker, and Sadder
Our wealth, health and happiness problems are not individual personal troubles that can be resolved by exhorting people to think or act differently.
Read more...Bad as QE Was, Unwinding It Rapidly Could Be Worse
Getting out of super low interest rates and unwinding QE is proving to be easier said than done.
Read more...California Could Be on the Verge of Passing Single-Payer Health Care
California Assembly Bill 1400 shows that the funding math of single payer healtcare works. But does the politics?
Read more...‘No More Hiding’: Sanders Says Make GOP Vote on Popular Policies
Sanders: “The American people have a right to know where their senators stand on the most important issues impacting their lives.”
Read more...How Inequality Leads to Industrial Feudalism
How highly unequal asset ownership diminishes social mobility and institutionalizes modern-era feudalism.
Read more...Covid: “The Narrative Is Crumbling”
The Covid spin-doctoring machine is staring to emit smoke.
Read more...Remember That the Tories Are Only Getting Rid of Johnson To Make Things Worse
What happens to and after Johnson which is very much in play.
Read more...Fable of the Squirrels: New Research on Wealth Inequality Among Animals Sparks Debate on Human Economies
Studies of beasts that pass on wealth, um, resources and advantages to offspring may inform whether humans create stratified conditions.
Read more...Rentier Capitalism and Class Warfare in Kazakhstan
Blame Kazakhstan ‘free’ market reforms that benefit the rich and powerful at the expense of the working class for recent protests.
Read more...An Introduction to Family Offices (and Generational Wealth)
The murky, unregulated world of family offices, where oligarchs manage their capital.
Read more...How ‘Queer Eye’ Upholds Liberal Economic Fantasies
The popular show focuses on America’s economic victims, offering help only elites enjoy while avoiding critiques of gross inequality.
Read more...Our Rolling Civil War
The institutional left has abandoned leadership of a nascent civil war to the institutional right.
Read more...The ‘China Shock’ of Trade in the 2000s Reverberates in US Politics and Economics
Belatedly learning from how trade losses to China damaged communities to determine how to shore them up.
Read more...Michael Hudson: On Debt Parasites
Michael Hudson’s favorite theme: why debt cancellation was a regular practice in ancient societies and what happens now that we’ve rejected it
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