How ‘Dupes’, Fast Fashion and China’s Economic Slowdown Spell Disaster for the Luxury Sector
The luxury goods market is in bad shape, an indicator of how the moderately well off and “aspirational” shoppers are under income stress.
Read more...Category Archives: The destruction of the middle class
Knowing Less About AI Makes People More Open to Having It in Their Lives – New Research
A study on receptivity to AI use sadly skips over some fundamental questions.
Read more...The Next Unwind of Social Guarantees: Home and Medical Insurance
A Wall Street Journal column suggests that elite conventional wisdom favors more gutting of medical and home insurance as unduly “socialized”
Read more...For Homeless Seniors, Getting Into Stable Housing Takes a Village — And a Lot of Luck
Another indictment of America’s claims of superiority: a coming tsunami of homeless elderly
Read more...Closing Ranks: Organised Labour and Immigration
Quelle surprise! Historically, high levels of immigration in the US led to more union formation.
Read more...Trump’s HUD Secretary and Our Reverse Robin Hood Housing System
A Trump-Turner housing agenda appears destined to continue the worst aspects of the US approach to affordable housing.
Read more...Is Capitalism Falling Out of Favor? We Analyzed 400,000 News Stories to Find Out
On the fundamental flaws in a study meant to assess the popularity, or lack thereof, of capitalism in the US.
Read more...“In 2025, States Will Flip the Script on Taxes to Make the Wealthy Pay Their Fair Share”
State-level activists have been building coalitions to implement higher and more extensive taxes on the wealthy. What are their prospects?
Read more...Beware the Faux Populism of Corporate Democrats
Why the working class needs to make a hostile takeover of the Democrats.
Read more...DOGE: Nations Aren’t Corporations and ‘Efficiency’ Means Austerity
Why DOGE, if implemented on the scale intended, will be a train wreck for the great majority of Americans.
Read more...Elite College Money Woes: Wall Street Journal Notes but Underplays the Level of Negligence
A new story on the financial tsuris at even the most elite universities underplays how they’ve made poor investment choices for many years.
Read more...Why Doesn’t the News Media Talk About the Real Issues in Life?
Looking at why the media seems increasingly to be talking to itself and not ordinary people.
Read more...The Truth About H-1B Visas
More on the H-1B visa scam.
Read more...Will Trump Take On the Housing Cartels?
The DOJ case against RealPage for orchestrating a rental housing price-fixing cartel will tell us a lot about the economic direction of Trump 2.0.
Read more...Trump and Political Realignment: Twirling Toward Freedom?
Is Trump’s hostile takeover of the Republican party part of a political realignment, or just jousting among plutocrats?
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