Thomas Frank: How Democrats Created Liberalism of the Rich
Make no mistake; the Democrats engineered the Third Way faux liberalism that sold out the working classes to benefit the rich and their minions.
Read more...Category Archives: Social policy
The Global War on Drugs Has Unleashed an International Health Crisis, Says Top Health Panel
A study by Johns Hopkins Bloomberg School of Public Health and The Lancet has effectively pronounced the war on drugs to be a failure.
Read more...How McKinsey Helped Turn Big Pharma into a Rent Extraction Business
How McKinsey contributed to the devolution of Big Pharma.
Read more...Phoenix Mayor Calls for Department of Justice Investigation into Maricopa County Disproportionately Reducing Polling Stations in Minority Neighborhoods
The mayor of Phoenix describes the successful effort to impede electoral participation by minority voters by Maricopa County and calls for a Department of Justice investigation.
Read more...Michael Hudson and Chris Hedges: The Real World Cost of Turning Classical Economics Upside Down
Classical economics recognized the costs of rent extraction, excessive borrowing, and encouraging speculation over commerce. Ideologues have turned those lessons on their head.
Read more...Assuming Away Unemployment and Trade Deficits from the TPP
It should come as no surprise that the Peterson Institute has managed to model the impact of the TPP so that it does not increase unemployment.
Read more...Michael Hudson on Debt Deflation, the Rentier Economy, and the Coming Financial Cold War
Michael Hudson speaks with Justin Ritchie on his favorite topics, such as debt deflation, austerity, classical economists on rentiers, and the coming financial cold war.
Read more...Income Inequality and Income Mobility: New Evidence from OECD Nations
Some economists argue that income inequality suggests intra-generational mobility in society. This column provides comprehensive evidence across a large number of advanced economies on the importance of intra-generational mobility and its relationship with earnings inequality. The findings do not support the belief that higher earnings inequality necessarily goes hand-in-hand with greater mobility over the working life. Higher inequalities are not systematically compensated by higher mobility opportunities.
Read more...The Refugee Crisis: A European Call for Action
A proposal for how to overcome the lack of consensus in Europe over the refugee crisis.
Read more...GAO Report Debunks Fair Value Accounting, Protecting Students and Homeowners
By David Dayen, a freelance writer (Salon, The Intercept, The New Republic, etc.) and author of Chain of Title: How Three Ordinary Americans Uncovered Wall Street’s Great Foreclosure Fraud, which releases May 17, 2016 (available for pre-order now). Follow him on Twitter @ddayen. A couple of weeks ago, the Government Accountability Office saved the country’s […]
Read more...How the Cutthroat Walmart Business Model Is Reshaping American Public Education
Walmart has played a huge role in promoting and funding the charter school movement and plans to expand much further.
Read more...Hoisted From Comments: American Education, Then and Now
A query to readers with children in or who have very recently graduated from public school: has education stagnated, as experts suggest, or is it getting worse?
Read more...Gaius Publius: The Goal of the Neo-Liberal Consensus Is to Manage the Decline
Neoliberals want ordinary people to accept that their standard of living will decline. It’s not hard to see whose interest that story promotes.
Read more...Social Security Privatizer Larry Fink of Giant Asset Manager BlackRock is a Clinton Treasury Secretary in Waiting
Social Security enemy Larry Fink appears to have troublingly high odds of becoming the Clinton Treasury Secretary nominee.
Read more...National Poll Finds Bipartisan Suport for Serious Regulation of Charter Schools
The public is dissatisfied with charter schools and wants curbs put on them.
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