COVID Bailouts Helped Politically Connected Businesses More Than Others – New Research
Firms with political connections, and those owned by large and influential shareholders, benefitted most from allocation of COVID bailout funds.
Read more...Category Archives: Income disparity
Is China Socialist or State Capitalist? – Michael Hudson and Patrick Bond
Michael Hudson and Patrick Bond: Will China resist financialization and lead the way on climate policy, or is it practicing capitalism lite?
Read more...Our Neoliberal Economic System is Making Us Mentally Ill
The neoliberal economy was supposed to bring about a utopian world order. Instead, it produced psychological stress and social breakdown.
Read more...‘The World Paid the Price’: Biden’s Outgoing Covid Czar Jeffrey Zients Rebuked Over Failures
The Zients-led Covid response refused to challenge drug company overlords by promoting non-pharmaceutical interventions.
Read more...How the Vehicle Production Nightmare Upended Everything and Why Automakers & Dealers Don’t Want the Old Ways Back
New vehicle sales show how Covid is working out very well for capitalists.
Read more...Can Urban Mining Help to Save the Planet?
Recycling rare metals from waste could help reduce extractive mining. But the value of urban mining depends on how it’s done.
Read more...An American in Siberia Gives a Preliminary Assessment of the Impact of Sanctions on Russia
An on-the-ground take on how Western sanctions are affecting ordinary Russians.
Read more...Ukraine: How the Global Fertilizer Shortage Is Going to Affect Food
A detailed looks at fertilizer production and economics, and the impact the war in Ukraine migtht have on supplies.
Read more...Where Did You Go, Vice President Joe? Biden Retreats from Bashing Looting, Um, Buybacks
Yet another Biden hypocrisy: refusing to curb stock buybacks when he flagged it as an abuse when he was Vice President.
Read more...Calls Mount to Cancel Student Debt as Biden Weighs Longer Payment Pause
Despite polling showing student loan cancellation to be popular, even among those who don’t hold such debt themselves, Biden is unlikely to cancel all student debt outright.
Read more...Biden Pledges Better Nursing Home Care, but He Likely Won’t Fast-Track It
A Biden plan to improve nursing home care looks like too little, too late.
Read more...How One Cooperative Is Trying to Develop an Alternative Economy in Oakland
Despite having some inherent competitve advantages, cooperative ventures can find it hard to launch. An Oakland program provides some liftoff.
Read more...There’s No Sugarcoating Hershey’s Abuse of Workers and Union-Busting Tactics
Hershey is not nice.
Read more...Financialization at Heart of Economic Malaise
Sadly, finacialization is still very much with us, even though policy-makers know better by now.
Read more...Wall Street Journal Mystified By Public’s Sour Mood Despite “Booming” Economy
Americans are not happy despite a not at all bad economy leaving most with higher savings and pay than pre-Covid.
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