‘This Is Our Defining Moment’: UAW Launches Historic Strikes Against Big Three Automakers
The once-feared UAW is flexing some muscle. Complaints about expenses are disingenuous v, the cost of stock manipulation, aka buybacks.
Read more...Category Archives: Income disparity
Yanis Varoufakis: TECHNOFEUDALISM – What Killed Capitalism
Yanis Varoufakis’ forthcoming book examines our changed economic system, which he callls “technofeudalism.”
Read more...On Not Thinking Like a Liberal in the 21st Century
“Liberalism is the solution to nothing we face in this changing world that Liberalism hath wrought.”
Read more...How Shareholder Value Fixation Turns AI and Robotics into a Recipe for Failure
New technologies are not the problem. It’s a system distorted by a flawed shareholder value ideology.
Read more...Six Tips for a Good Night’s Sleep
Yes, there are six!
Read more...Will It Be Socialism or Barbarism for the Twenty-First Century?
How the end of policies supporting the material well-being of workers, aka socialism, has created widespread distress and political schisms.
Read more...My Favorite Recession Indicator: The Next Recession Moves Further Out of Sight
There will be a recession, there’s always a recession eventually. But we’ll just have to keep watching for it.
Read more...Jobs Are Up, Wages Less So – and Lower Purchasing Power Could Still Lead the US into a Recession
Quelle surprise! Trends in wages indicate that the economy is less robust than the officialdom and financial press would have you believe.
Read more...Labor Economist: AI May Bring a Boom in Horrible Jobs
Losing jobs isn’t the only thing workers have to worry about. AI may make many jobs worse.
Read more...Biden Administration Migrant-Friendly Southern Border Policy Creating Splits Among Democrats; NYC About to Eject 4,500 from Shelters
den”s “even more open borders” policy is generating resistance among some Democrats.
Read more...Imperialism: How the Struggle of Both Classes and Nations Creates Our World
How imperailasm has determined much of the structure of the international economy and that in turn affects domestic interests.
Read more...Hoisted from Comments: China’s Unsustainable, Unbalanced Growth Model and Its Current Economic Wobbles
Musings on the routes for China out of its economic problems and whether China will actually take them.
Read more...Technotage on the Rise? More Efforts to Stymie Job-Threatening, Sometimes Hazardous “Innovations”
Ant-technology action, or technotage, seems to be increasing. Is this a trend or just coincidence?
Read more...Testing Marx
The findings highlight the role of historical, institutional, and technological factors in shaping capitalist trajectories, suggesting that a one-size-fits-all approach may be insufficient.
Read more...Book Review: Two Critiques of America’s Ailing Health Care System
Two new books chronicle the shortcomings of the nation’s health care system, if you can call it that.
Read more...