Too Big To Fail Banks: “The Robotics Are Coming!” Really?
More and more bank CEOs tout robotics as the answer for the industry’s precarious cost position. But will it promise more than it delivers?
Read more...Category Archives: The destruction of the middle class
California Has a System That Punishes the Poor Through Traffic Violations—Civil Rights Groups Are Starting to Change That
Law enforcement for profit in California
Read more...Corporate Contractors: The High End of the Precariat (Updated)
The stressful life of downwardly mobile corporate contractors.
Read more...Bill Black: Is Politico or Third Way More Divorced from Reality?
The Third Way confirms that the Dems care more about beating back the Sanders/pro middle class faction than winning.
Read more...Thomas Frank: Corporate Democrats Have a Vested Interest in Not Listening to Workers
Discusses how Democratic Party serves the professional class and the top 10% and no longer cares about the poor or working class.
Read more...Europe’s Globalists Tackle the Immigration Class War
As immigration becomes a political flash point, even hard core neoliberals like Emmanuel Macron are advocating restrictions.
Read more...Violence and the State: A Prelude
Our new normal of destabilization.
Read more...Where Have All the Workers Gone: Opioids and US Labor Force Participation
Increase in opioids prescriptions in the US possibly has significant impact on labor force participation rates for both men and women.
Read more...Hookworm Persists as US Public Health Problem
Hookworm, thought to be largely eradicated in the US, persists in Lowndes, County, Alabama, due to poor sanitation and inadequate regulation.
Read more...Big Business Dominates Brexit Negotiations
Nick Dearden discusses how Brexit ministers in the UK had six corporate lobby meetings for every one meeting with civil society groups.
Read more...Federal Judge Strikes Down Overtime Rule, Leaving Trump Labor Dept to Decide What Follows
Judge strikes down overtime rule, leaving it to Trump’s Labor Department to decide how to revise overtime regs and thresholds set in 2004.
Read more...New America Foundation Head Anne-Marie Slaughter Botches Laundering Google’s Money, Fires Anti-Trust Team at Eric Schmidt’s Behest
Google henchwoman Anne-Marie Slaughter has shown far too openly how Google is throwing its money and weight around in DC.
Read more...Consumption Inequality and the Frequency of Purchases
Spending patterns suggests that consumption inequality has been blunted by bulk buying, a trend that is leveling off.
Read more...Opioid Overdoses Increase When Unemployment Rises
NBER paper links increase in unemployment to trebling in opioid deaths and increased emergency room visits over the 1999-2014 period.
Read more...Another Privatization Fail: 5 Things You Don’t Know About School Lunches (but Probably Should)
School lunches: yet another area where the privatization fairy has failed to perform a miracle and cut costs while raising standards.
Read more...