Is Your Pension Safe?
An important reminder about how pensions work and the risks of various types.
Read more...Category Archives: The destruction of the middle class
Defeat of the West – Michael Hudson and Lena Petrova on Davos Panic, Destruction of the EU & Economic Collapse
Michael Hudson and Lena Petrova discuss the breakdown of the US-led order, Trump’s misguided efforts to maintain primacy, and what comes next
Read more...Trump Does a Soft TACO as Republicans, NRA and Law Enforcement Officers Oppose ICE Thuggery. A Gambit or a Real Climbdown?
Trump for the moment is signaling a climbdown on his hyper-aggressive ICE tactics. But how long will this show of contrition last?
Read more...Blue Monday Isn’t Real, but Sadness Is – And It Plays a Vital Role in Children’s Development
Examining the commercial interests surrounding the concept of sadness.
Read more...The Great AI Displacement: Fracturing Tomorrow’s Labor Market
An industry participant debunks a paper predicting that the labor market effect of AI will be so bright that we will all have to wear shades.
Read more...Capital Dividing Lines in the New Police State. Are We Approaching Reconciliation?
ICE Nation is good for surveillance tech and private prisons. Not so much for other sectors—but is there a plan in place to make them whole again?
Read more...ICE Called Out by Minneapolis Police for Harassing Off-Duty Officers of Color as DOJ Targets Minnesota Officials Personally with Criminal Subpoenas
As authoritative proof of ICE civil rights abuses emerges, the Feds issue criminal subpoenas against officials seeking an injunction.
Read more...NYC Is Testing Guaranteed Income for Homeless Youths. Here’s How It’s Going.
A new program to give a monthly stipend and other support to homeless young people in New York City is showing promising initial results.
Read more...“We Are Watching Critical Thinking Disappear in Real Time” Due to AI Addiction: 40% of Kids Can’t Read, Teachers Quitting in Droves
How AI and device overstimulation are producing students with severe deficiencies in reasoning and information processing skills.
Read more...‘Could I Be in Their Cabinet?’: Big Business Eyes Up Reform
How Nigel Farage’s ‘anti-establishment’ party began a love affair with lobbyists and industry leaders.
Read more...The Economist Wrecks Its Limited Credibility in Article on Dark Factories That Ignores That China Already Has a Lot of Them
Time to stop reading The Economist. A story that looks like dark factory denialism completely discredits the magazine.
Read more...Critics Say Trump ‘Joke Healthcare Plan’ Nothing But a ‘Con’ of the American People
Trump’s latest afffordabilty headfake is a sketchy healthcare scheme.
Read more...Move Fast and Break Everything: Crypto and the Democrats
How the Democrats brought crypto back from the dead after the FTX collapse and how weak oversight harms consumers and produces systemic risk.
Read more...Thrift Store. Clinic. Roller Rink. New Orleans Center Becomes ‘Radical’ Lifeline Amid Homelessness, Drug Crises.
A New Orleans collective is a heartening example of community self help…and an indictment of income inequality and failing social programs.
Read more...Why Politicians Won’t Fix Affordability
Why affordability crisis is a symptom of predatory neoliberal practices. Concentrated wealth looks set to keep this new norm in place.
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