A Post-Election Reflection on Stolen Pride: Loss, Shame, and the Rise of the Right
On how the shame resulting from the loss of seen-as-meaningful and well-paid work led many to reject the rule of their PMC betters.
Read more...Category Archives: Income disparity
How the Wall Street Journal Blew the Story of the Democrats and Inflation
The firehose of affluent consumption continues to drive inflation, not the stimulus package
Read more...Requiem for an Empire
While historian Alfred McCoy made an early and accurate call on the erosion of the US empire, his current readings are a mixed bag.
Read more...Is Realignment the Shape of US Politics to Come?
Trump and his loyalists intend to deliver major changes to US politics. But how realistic is that promise?
Read more...Wall Street Journal Show How Medicare Advantage Plans Restrict Medical Services to Sicker Seniors, Leading to Switching to Traditional Medicare
The Wall Street Journal shows how Medicare Advantage plans curb care to sick seniors, leading many to switch to traditional Medicare
Read more...The New Economy and the Tariffs and Tax Breaks to Launch It
Analyses of planned Trump tariffs differ somewhat on the impact, but all find them to be negative. Will the Supremes save Trump from himself?
Read more...Why the Enthusiasm for Mass Deportation, A Hard and Likely Largely Losing Way to Deal with Illegal Immigration?
Why the idea of mass deportation is set to become the “Defund the Police” of the right: vague but appealingly absolute, and unworkable.
Read more...Germany, Trump, and Walking the Trans-Atlantic Plank
Is government collapse a comeuppance for the German elite, or is everything right on schedule for the transatlantic plutocrats?
Read more...DNC Doubles Down on Failure, Rejecting Sanders’ Calling Out Party for Abandoning Workers and Economic Justice
Quelle surprise! Some Democratic party leaders double down, denying Sanders was right and kicking workers and the poors is not a good strategy
Read more...How Local and Federal Institutions Are (and Aren’t) Taking Care of North Carolina’s Hurricane Helene Survivors—and What Mutual Aid Groups Are Doing to Help
Grassroots organizations are helping rebuild North Carolina communities after Hurricane Helene. And how about FEMA?
Read more...Longer-Term Treasury Yields & Mortgage Rates Explode, Yield Curve Un-Inverts Further as Bond Market Gets Spooked
Stock jockeys love Trump and bond vigilantes do not. What do their diverging views say about the prospects for the US economy?
Read more...Going Back to the Source: A Personal Reflection on Capital, Volume 1
KLG reflects on how Marx’s Capital was an important primer for him in understanding capitalism, and why it remains a seminal guide.
Read more...Elections 2024: America at the End of Its Tether
A big source of election anxiety and conflict is that both parties give only lip service to rising inequality and fraying social safety nets.
Read more...As Climate Disasters Increase, Official Responses Like FEMA to Helene Come Up Short
On the oddly muted reporting of FEMA’s performance in Helene, and why that matters for future disaster responses.
Read more...Michael Hudson and Richard Wolff: BRICS High Aspirations Versus Cautious First Steps
Michael Hudson and Richard Wolff discuss the recent BRICS summit as well as its rapidly-evolving geopolitical backdrop.
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