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...Category Archives: Income disparity
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.
Read more...How a Group of Starbucks Workers Emerged Victorious in Their Union Fight
How Starbucks, long hostile to unions, lost a fight with workers in Buffalo despite management pulling out all the stops.
Read more...On the Loss of Public Spiritedness in the West and the Impact on Politics
The boundaries between politics and commerce aren’t as clear in Japan and China as in the West, and we may not be better off for that.
Read more...Build Back Better Verges on Collapse as Manchin Attempts to Kill Child Tax Credit
How Manchin is putting a lump of coal in Biden’s Christmas stocking.
Read more...Thomas Ferguson: Is the U$A a Democracy?
Thomas Ferguson, a top expert on money and politics, weighs in on how much democracy is there with so much wealth and power in so few hands.
Read more...Being Rich Does Not Make You More Generous. It Makes You Meaner.
Why relying on the kindness of strangers, particularly rich ones, is not such a hot idea.
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