Category Archives: The destruction of the middle class

Housing and the American Dream: Is A House Still a Home?

Single-family home-ownership—elusive for many today—is an aspiration we ought to abandon.

FAIR Act: Will Congress Finally Complete the Project the CFPB Fumbled and Ban Mandatory Arbitration Clauses?

With the reported support of Biden, will Congress ban mandatory arbitration clauses in common consumer and employment contracts?

Sanders ‘Confident’ $15 Minimum Wage Possible Through Senate Reconciliation

“Raising the minimum wage to $15 an hour is not incidental to the federal budget and is permissible under the rules,” Senator Bernie Sanders says.

Artificial Intelligence Could Mean Large Increases in Prosperity—But Only for a Privileged Few

Labor-saving advances in artificial intelligence may undo the gains from globalization and pose new challenges for economic development

Thomas Frank: YouTube Censorship and Now What’s Happening in Kansas –

Thomas Frank and Paul Jay discuss censorship by tech monopolies and changes in the political landscape of Kansas.

“Almost Cartoonish Defender of the 1%, Kathryn Wylde” Rears Her Head to Attack Plans to Tax the Rich to Save New York City

The usual suspects, like Kathryn Wylde, try to defend why the top wealthy, who’ve made out like bandits under Covid, should not be made to share.

James Galbraith: CBO Not Competent to Assess Economics of Minimum Wage

James Galbraith slams an “unreliable” CBO report claiming that raising the minimum wage would reduce jobs.

Global Coup d’État: Mapping the Corporate Takeover of Global Governance

Why you should be very, very worried when our supposed betters start talking up the newest neoliberal Trojan horse, global governance.

How to Make COVID Vaccines More Effective: Give People Vitamin and Mineral Supplements

Supplementing vitamin and mineral levels of the elderly before they get vaccinated could boost the effectiveness of COVID-19 vaccines.

‘Beyond Outrageous’: Big Pharma Using Loophole to Get Taxpayers to Fund Billions in Fines for Fueling Opioid Crisis

Big Pharma firms may try and take a tax deduction for some of the $26 billion opioid settlement, thus reducing its payout.

Yanis Varoufakis: Trumpism after Trump – NEWSWEEK Magazine, Interviewed by Basit Mahmood

Varoufakis believes Biden Administration fecklessness and love of austerity will strengthen the Trump faction.

Why Amazon Is Fighting So Hard to Stop Warehouse Workers From Unionizing

Amazon has much to answer for, like wage theft and brutal workplace condidtion, and is throwing its muscle behind not being held to account.

Why U.S. Labor Laws Need a Major Update—The PRO Act Is a Great Start

Biden is proposing some significant changes to labor law. Does the legislation live up to its billing?

Monetary Policy and Racial Inequality

Monetary policy does not lift boats in at all the same way.

Corporate Concentration in the US Food System Makes Food More Expensive and Less Accessible for Many Americans

How Big Food increases prices in categories like bread, beer, processed chicken, and packaged salad, and what to do about it.