Financialization of the U.S. Pharmaceutical Industry
A takedown of the pharmaceutical industry’s assertion that it need to price gouge so it can invest in R&D. Profits go almost entirely to various forms of looting.
Read more...Category Archives: The destruction of the middle class
Questioning Innovation
Why innovation isn’t necessarily a good thing.
Read more...Tucker Carlson Tears into Vulture Capitalist Paul Singer for Strip Mining American Towns
Tucker Carlson takes on the feared vulture capitalist Paul Singer as an examplar of how hedge funds are destroying American communities.
Read more...The Debt Delusion
A short take on John Week’s new book, The Debt Delusion, and why it matters.
Read more...AOC Schools Mayor Pete on Why Means Testing Free College Is Such a Bad Idea
AOC rebukes Pete Buttigieg on his plan to means test expanded funding for college tuition.
Read more...What’s Behind the Subprime Consumer Loan Implosion?
Subprime loan repayment continues to deteriorate. What is going on?
Read more...Federal Prosecutors Initiate Criminal Probe of Six Opioid Manufacturers and Distributors
Federal prosecutors in Brooklyn have initiated an investigation that could lead to criminal charges against at least six opiods companies.
Read more...Obama Privately Considered Leading ‘Stop-Bernie Campaign’ to Combat Sanders 2020 Surge: Report
Obama would try and stop Sanders if it looks likely Bernie would get the nomination – regardless of whether that’s the best shot to defeat Trump.
Read more...“The UN Is Being Turned into a Public-Private Partnership”: Harris Gleckman Explains Stealth Takeover by World Economic Forum
Lynn Fries speaks to Harris Gleckman about the growing corporate influence over our global governance system – and what can be done to stop it.
Read more...How Neoliberal Thinkers Spawned Monsters They Never Imagined
Neoliberal economics rests on a retrograde vision of society.
Read more...Private Equity Under the Hot Lights Today at House Financial Services Committee Hearing, “America for Sale?”
Private equity gets some long overdue scrutiny.
Read more...Why Aren’t Americans Rising Up Like the People of Chile and Lebanon?
Americans are not big on protests, and people abroad are perplexed
Read more...“Do You Have To Travel the World To Know What Poverty Is?”
A revealing discussion of poverty, in not a good way.
Read more...Millennials’ Health Deteriorating, Projected Mortality Rates Higher Than GenX; “Deaths of Despair” a Major Culprit
A sobering picture of the health outlook for Millennials.
Read more...How the Fed Boosts the 1%: Even the Upper Middle Class Loses Share of Household Wealth to the 1%. Bottom Half Gets Screwed
It is bizarre to see the Fed present data showing the Gilded Age level of wealth accumulation by the 1% as if that were a badge of honor.
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