Replacing Workers Has Many Costs
Companies remains short-sighted about the cost of ditching workers.
Read more...Category Archives: The destruction of the middle class
‘Incrementalism Is Not Helpful in This Moment’: Ocasio-Cortez Rejects Settling for Crumbs in Next Covid-19 Stimulus
Alexandria Ocasio-Cortez says the U.S. cannot afford another incremental stmulus bill that shovels massive bailouts to big businesses alone.
Read more...How COVID-19 Showed America’s Dependence on Blue-Collar Workers
The outbreak of “hero” talk is a long-overdue admission that blue-collar workers are the backbone of the US economy. Time to pay them more.
Read more...#DemExit Now: How the Democratic Party Cheated Bernie Sanders Out of the Nomination
How the Dems played dirty with Sanders.
Read more...Is There Any Better Time Than Now For a General Strike?
May Day is around the corner. It seems a fitting time for workers to demand better via a general strike.
Read more...Lockdown Rebelliousness: Denying that Coronavirus Is in Charge
The supposed irresistable force of the economy is losing out to the immovable object of the coronavirus.
Read more...The New Fault Lines in a Post-Globalized World
Coronavirus is smashing up the economic and political order. What sort of world comes next?
Read more...Some Comments on the Sanders Campaign
Thoughts on the Sanders kneecapping.
Read more...Mark Blyth and Jeffrey Sommers: Austerity – A Dangerous Idea Returns
Why more austerity is one of the worst possible responses to the pandemic….yet the US is seeing even more of it.
Read more...The Use and Abuse of MMT
Using government spending power to bail out financiers and rentiers makes a travesty of MMT.
Read more...The New Inequalities and People-to-People Social Protection
Yves here. On the one hand, this post contains many examples of how people with resources are assisting those hit hard by the coronavirus crisis. On the other, it is also all too apparent that in most cases, these charitable acts only make a dent in the problems most face, although admittedly shows of concern […]
Read more...Coronavirus: More Wheels Coming Off
Some scattered but nevertheless telling signs of coronavirus impact.
Read more...Bills are Due and Payable: Workplace Strikes and Rent Strikes
A round-up of strike activity, with advice for the Sanders campaign.
Read more...Radical Imagination: Imagining How the World of Finance Really Works
Michael Hudson rings the changes on some of his favorite themes: the logic of ancient debt jubilees. and the role of finance in contemporary rent extraction.
Read more...Tax Justice and Modern Monetary Theory – A Guide
Does Modern Monetary Theory take tax justice for granted?
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