Rentier Capitalism and Class Warfare in Kazakhstan
Blame Kazakhstan ‘free’ market reforms that benefit the rich and powerful at the expense of the working class for recent protests.
Read more...Category Archives: Income disparity
An Introduction to Family Offices (and Generational Wealth)
The murky, unregulated world of family offices, where oligarchs manage their capital.
Read more...How ‘Queer Eye’ Upholds Liberal Economic Fantasies
The popular show focuses on America’s economic victims, offering help only elites enjoy while avoiding critiques of gross inequality.
Read more...Our Rolling Civil War
The institutional left has abandoned leadership of a nascent civil war to the institutional right.
Read more...The ‘China Shock’ of Trade in the 2000s Reverberates in US Politics and Economics
Belatedly learning from how trade losses to China damaged communities to determine how to shore them up.
Read more...Michael Hudson: On Debt Parasites
Michael Hudson’s favorite theme: why debt cancellation was a regular practice in ancient societies and what happens now that we’ve rejected it
Read more...Lawrence Wilkerson: Is Biden Risking War by Pushing Taiwan Independence?
Larry Wilkerson discusses whether Biden is provoking a military response from China that could go nuclear.
Read more...Our Ancestors Worked Less and Had Better Lives. What Are We Doing Wrong?
In an age of both untold prosperity and existential crisis, it’s time to rethink work
Read more...Calling Trump ‘Just a Warm-Up Act,’ Professor Warns of Democratic Collapse in US
Why it is a little too pat to blame the right for the sorry state of democratic processes in the US.
Read more...My “Wealth Effect Monitor” & “Wealth Disparity Monitor” for the Fed’s Money-Printer Economy: December Update
The wealth gap rises: Billionaires got more billions, the bottom half of Americans got peanuts and inflation.
Read more...Manchin Takes Aim at Build Back Better, but His Real Focus is on West Virginia
What does Manchin want?
Read more...As Pressure Mounts, Biden Considers Extending Pause of Student Loan Payments
Biden is signaling he might retreat on resuming student debt payments. But is this simply a ploy in light of the BBB brick wall?
Read more...Kellogg Workers OK Contract, Ending 11-Week Strike
The Kellogg agreement still leaves workers vulnerable, says a local union president.
Read more...The Privilege of Staying Home: COVID and the Highly Skilled Workforce
At home work during the pandemic allowed most skilled workers to choose immobility, which could affect future work and migration patterns
Read more...The Democrats Go Full Götterdämmerung as Manchin Makes DOA of BBB Official; Omicron Undermines Scapegoating the Unvaxxed
The Democrats may finally be getting their comeuppance.
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