Global South Suffering Due to Powerful Nations’ Elite-Serving Policies
The World Bank projects the worst slowdown in over four decades in 2024. This is mainly due to Western powers’ contractionary policies
Read more...Category Archives: Income disparity
Michael Hudson: Modern (Mis)interpretations of Ancient Debt Cancellation
Modern economists misrepresent how ancient debt cancellation worked, forcing it into contemporary neoliberal /creditor rights frameworks
Read more...Lost in the Green Transition: Which Workers Win and Lose
Most green energy boosters skip over which workers will win and lose. This post addresses that oversight.
Read more...Why Corporations Choose Lawlessness to Fight Unions
Workers at companies like Apple and Starbucks face armies of union-busting lawyers advising employers to repeatedly violate labor laws.
Read more...Housing, Not Handcuffs
US policy towards the homeless becomes ever more mean-spirited, apparently to justify not dealing with the problem of unaffordable housing.
Read more...Trump Versus Biden: The Substantial Fall in Real Wages for Most Workers Under Biden
An important new paper contradicts Democratic pundits, showing that most workers lost in real wage terms under Biden
Read more...US Trade Desperation: Trump Insider Robert Lightheizer Recommends Third-World Capital Controls to Achieve Balanced Trade
New desperate ideas to fix chronic US trade imbalances, like capital controls, are getting a hearing.
Read more...Word of the Day: Don’t Say “Covid Pandemic.” Say “Covid Syndemic”!
“‘Tis a mystery,” except not!
Read more...US Affordable Housing Policy Works for Wall Street and Rich Developers, Not Renters
Current policy doesn’t provide affordable housing very well but does a good job of lining the pockets of real estate interests.
Read more...The Long Goodbye? Mitch McConnell and Big Money Politics
In a political system whose primary currency is not the vote but the dollar, McConnell’s role as leader has been well-earned.
Read more...Apple’s “Crush” Ad, Rentierism, and the End of Capitalism?
Apple’s dystopian ode to rentierism.
Read more...Work Longer, Die Sooner! America’s Dire Need to Expand Social Security and Medicare
Experts describe how requiring U.S. seniors to work in their old age often threatens their health and well-being.
Read more...Populism and State Power
A hard look at the use of the notion of populism in recent political discourse, starting with the curious lack of self-professed populists.
Read more...Satyajit Das: The Rich Are Different!
A discussion of how the rich got to be that way and why their justifications for their advantaged status don’t stand up to much scrutiny.
Read more...Trump Promises to Deport All Undocumented Immigrants, Resurrecting a 1950s Strategy − But It Didn’t Work Then and Is Less Likely to Do So Now
A clinical look at the viability of Trump’s illegal immigrant deportation plan.
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