“I Don’t Believe in Growth”
Why growth is no panacea.
Read more...Category Archives: Income disparity
Wealth of US Billionaires Hits $5.5 Trillion—Up 88% Since Pandemic Hit
Even though the rich are predictably getting richer even in the Covid era, the picture is worse when you look at billionaires.
Read more...Experts: Negotiating Big Pharma’s Prices Won’t Stifle Innovation—They Don’t Use the Money to Innovate!
Physician-scientist Fred Ledley and economist William Lazonick debunk Big Pharma arguments against Medicare drug price negotiation
Read more...Minneapolis Council Overrides Mayor’s Veto of Uber and Lyft Minimum Rates
“Essential” workers are cross-sectoral organizing across Minnesota and scoring victories.
Read more...“We Need a Plan for the Transition to Renewable Energy”
Radical societal transformation is inevitable; a plan for renewable energy could make a difference between catastrophe and progress.
Read more...How Effective Is International Aid and Assistance? The Rise of Debt Traps
Special interests and the lack of a unified vision facilitate corruption. Rising debt levels in the developing world suggest a tipping point.
Read more...Young Voters, Victims of Neoliberalism, Pessimistic About the Future, Sour on Politics…As Officials Tell Them to Eat Statistics
A Wall Street Journal article about dispirited young voters reveals more than it intended to.
Read more...Major US Companies Pay Executives More Than Uncle Sam
More evidence, as if you needed it, that corporate executives are very skilled at feathering their nests.
Read more...Ultra-Processed People in an Ultra-Processed World
The scientific, health, and political debate over the true cost of ultra–processed has just gone mainstream….which is late.
Read more...Global South Stagnating Under Heavier Debt Burden
Much higher interest rates – due to Western central banks – damage developing nations via prolonged debt distress and stagnation.
Read more...Michael Hudson: Marxism, Economic Parasites, and Debt Cancellation
Michael Hudson in a bracing talk, including history of crises, the role of debt, and how ancient Greek and Roman law promoted inequality
Read more...Gendering the Predator State
Some new wrinkles on who wins and loses in James Galbraith’s Predator State.
Read more...Restaurants: Canaries in the Coal Mine of the Covid Labor Reset?
Independent restaurants are in a world of hurt due to labor cost increases. Yet oddly no one seems willing to cite Long Covid as a contributor.
Read more...The Reality of Bidenomics: How Good Was Biden for the Economy?
A thorough takedown of the aggressively-sold falsehood that economic performance under Biden is good but the poors are too stupid to get it.
Read more...“Growing Inflation Pains: How Democrats Must Go on Offense on the Economy”
Corporate greedflation is squeezing household budgets and distorting the economy. But is tacit support for it really a one-party affair?
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