Tories Rout Labour; Corbyn to Depart; SNP Also Wins Big, Setting Up Long-Term Dissolution Struggle
A big win for the Tories does not bode well for UK citizens.
Read more...Category Archives: The destruction of the middle class
In the Shadow of Impeachment, Neoliberal Democrats Hand Trump a Victory With USMCA (“NAFTA 2.0”)
By Thomas Neuburger. Originally published at DownWithTyranny! Donald Trump discussing the new NAFTA trade deal (source) If Trump gets re-elected, if Big Tech continues to evade accountability, if imperial adventures continue abroad, if migrant farmworkers cannot feed their families, you can trace it back to this Tuesday, and the actions a House Speaker took while […]
Read more...Among U.S. States, New York’s Suicide Rate Is The Lowest. How’s That?
What has New York done to lower its suicide rate?
Read more...The “Fixing Capitalism” Headfake
Why most plans to create a kinder, gentler capitalism fall way short.
Read more...Payday Lenders Offering Installment Loans to Evade Regulations – But They May Be Even Worse
When is a payday loan still pretty much a payday loan? When it’s an installment loan with annual interest rates over 100%.
Read more...Misunderstanding Volcker
A reappraisal of Volcker, who was more hostile to workers and less hard on financiers than the press would have you believe.
Read more...A Window into European Versus US Management
Evidence keeps accumulating that American management is rotten.
Read more...Using History to Understand Hidden Wealth in the UK
Between 1920 and 1992, English elites concealed 20-32% of their wealth. Accounting for hidden wealth eliminates one-third of the observed decline of top 10% wealth share over the past century.
Read more...The Geography of EU Discontent
The EU’s flyover, meaning areas in economic decline, are also its hotbeds of discontent and anti-EU sentiment.
Read more...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...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?
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