Do Real Estate Markets Make Our Cities Less Livable?
Author Samuel Stein talks about how capitalism shapes cities.
Read more...Category Archives: The destruction of the middle class
China Syndrome Redux: New Results on Global Labour Reallocation
What did China gain when the US lost manufacturing jobs?
Read more...Bezos Admits His Fortune Is Due to Public Infrastructure….Even as He Fought Paying a Homeless Tax in Seattle, Shakes Down Cities for Subsidies
Bezos admits he and other squillionaires didn’t do the “heavy lifting” of building the infrastructure on which tech enterprises depend….yet tries to depict a space venture as a greenfield project. Help me.
Read more...The Rapid Victory of the West Virginia Teacher Strike Shows What Happens When Progressives Join the Fight Against School Privatization
What lessons can we draw from the success of the latest West Virginia teachers’ strike?
Read more...Inequality Indicator: Retirement Homes in Secondary Tourist Area (Door County) Bid Way Up
Yves here. Those of you who know and love Door County (a peninsula in Wisconsin with Lake Michigan on one side and Green Bay on the other) may be offended at it being called a “secondary” tourist area. But it almost entirely a regional holiday destination, laid back, outdoorsy, with lots of hiking and biking […]
Read more...Randy Wray: Response to Doug Henwood’s Trolling on MMT in Jacobin
Doug Henwood’s intellectually dishonest attack on MMT sadly shows how many soi-disant progressives are in fact hostage to neoliberal ideas.
Read more...Nomi Prins: Survival of the Richest, The March of Inequality
A look at the history of the rise in inequality in the US.
Read more...The Yellow Vest Phenomenon and the Radical Right
While some protestors outside France are using the yellow vest to make demands for and end to austerity and greater economic fairness, in some countries, far right wingers are taking up the costume.
Read more...Why Did Trump Choose to Be Such an Unpopular President?
Trying to make sense of Trump policies.
Read more...Don’t “Buyback” Fair Labor Standards
Why the Schumer/Sanders bill on stock buybacks isn’t a very good instrument for improving labor rights and work standards.
Read more...Wolf Richter: My Fancy-Schmancy “Fed Hawk-o-Meter” Ticks Down, Still Red-Lines. In Passing, Fed Plants Seed for Removing “Patient”
Not surprisingly, given economic weakness in Europe and China plus Trump trade war saber-rattling, the Fed seems less gung ho about the health of the economy than it was last summer.
Read more...Opioid Crisis Shows How Economic Inequality Kills
Opioid abuse has strong economic roots, namely despair resulting from desperation in struggling communities.
Read more...France’s Institutional System Favours Rebellion Against Its Leader
The gilet jaunes movement proves that France’s political and budgetary centralism, the source of citizens’ feelings of abandonment and revolt, must be reformed.
Read more...Amazon Drops New York City Headquarters Plan in a Snit
Does the testy abandonment of its New York City “HQ2” scheme mean we’ve hit Peak Amazon?
Read more...Is the Opioid Overdose Crisis a Story of Supply or Demand? Depends Where You Look
Economic distress in rural areas and opioid exposure in cities are key indicators of overdose deaths.
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