Corporations Are Suppressing Wages—There’s a Fix for That
Don’t buy the hype about wages rising naturally About 1/3 of American workers are underpaid due to the refusal to raise the minimum wage.
Read more...Don’t buy the hype about wages rising naturally About 1/3 of American workers are underpaid due to the refusal to raise the minimum wage.
Read more...Attempting to clear some of the fog around the Russia counter-sanction of requiring rouble payment for gas by “unfriendly nations.”
Read more...The work of the IPCC is necessary. That’s why it’s important that the UN not be the owners of the go-to reports it issues.
Read more...More discussion of the current, misguided central bank use of interest rates to combat inflation, and what will probably become stagflation.
Read more...More on the “soon to be with us” sanctions-induced diesel shortage, along with EV battery woes.
Read more...Sanders takes on the supposed US competitiveness-boosting COMPETES Act as corporate grifting.
Read more...Michael Hudson revisits how US sanctions will ultimately hurt its economy more than Russisa’s, as crippling the dollar hegemony.
Read more...Some over the weekend sightings on the war in Ukraine.
Read more...Why high levels of corporate debt can make monetrary tightening less effective in controlling inflation.
Read more...Michael Hudson and Patrick Bond: Will China resist financialization and lead the way on climate policy, or is it practicing capitalism lite?
Read more...The neoliberal economy was supposed to bring about a utopian world order. Instead, it produced psychological stress and social breakdown.
Read more...New vehicle sales show how Covid is working out very well for capitalists.
Read more...An oil price drop gives an illusory sense of relief from an ongoing and set to worsen diesel squeeze.
Read more...An on-the-ground take on how Western sanctions are affecting ordinary Russians.
Read more...More on the possiblity of severe blowback from sanctions against Russia in the form of trade disruption.
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