Category Archives: The destruction of the middle class

Apple’s “Crush” Ad, Rentierism, and the End of Capitalism?

Apple’s dystopian ode to rentierism.

“Living in Netanyahu’s America” – In More Ways Than One

The economic components that have served as the dehumanizing foundation to Israel’s current “plausible” genocide share many similarities with poor Americans and migrant laborers who are treated as disposable in the US.

‘Absurd!’: US Billionaires Pay Lower Tax Rate Than Working Class for First Time

“It’s time to tax the billionaires,” economist Gabriel Zucman argues in a new analysis.

Taxing Income from Wealth Can Always Raise More Money Than a Wealth Tax

Why a wealth tax is not all it is cracked up to be, but a well-designed income tax can do a fine job of curtailing wealth disparity.

Stasi in the West

Governments across the West are enacting more draconian measures to silence all criticism and are increasingly asking citizens to inform on one another.

With US Workers on the March, Southern States Take Aim at Unions

Governors in the region are “truly astonished that workers might not trust their corporate overlords with their working conditions, pay, health, and retirement,” said one critic.

Grocery Store Consolidation: Manipulating Supply Chains and Manufacturing, for Corporate Influence and Profit . . . Redux

More squeezing of the poors and shrinking middle class sought, via a US grocery store merger creating combined company market share of 22%

FTC Chief Says Tech Advancements Risk Health Care Price Fixing

The FTC’s Lina Khan is loaded for bear and targeting potential (as in probable) tech-facilitated price collusion in health care.

James Galbraith: Industrial Policy Is a Good Idea, but So Far We Don’t Have One

Industrial policy, despite recent lip service, is out of favor because doing ambitious things isn’t lucrative enough for the right people.