US Home Insurers Are Leaving Climate Risk Areas. We Need Affordable Housing Now
When the US housing crisis meets the looming insurance crisis, only government intervention will avert catastrophe.
Read more...Category Archives: The destruction of the middle class
Forward-Looking Labor Supply Responses to Changes in Pension Wealth
Workers adjust their immediate labour supply in response to the income effects caused by changes to future pensions.
Read more...Artificial Intelligence: Profit Versus Freedom
It isn’t AI displace jobs. That’s the result of capitalists giving priority to profits, versus say product or workplace improvement.
Read more...Will ‘Poor Man’s Cocaine’ Fuel the Next U.S. Drug Crisis?
The cheap and highly addictive cocaine-like stimulant Captagon shows signs of following in the opioid fentanyl’s footsteps.
Read more...When Authorities Believe Their Citizens Will Become Dangerous…
Ordinary citizens are not worried enough about the prospect that the police/surveillance state will be used against them.
Read more...House GOP Unveils Budget With Trillions in Cuts to Medicaid, Food Benefits, and More
The new proposal underscores the Republican Party’s “thirst for cruel budget cuts,” said Democratic Rep. Brendan Boyle.
Read more...The Rise of Alternative for Germany: Who Are Its Supporters and Examining the Fascism Question
Has a chunk of the German electorate suddenly discovered their inner fascist?
Read more...California Democrats Double Down on Efforts to Involuntarily Commit the Homeless
Sacramento wraps up its legislative session with efforts to disappear the homeless.
Read more...The War in Ukraine Helps Advance the Great EU Neoliberal Project
Movers and shakers cash in while workers are disciplined and the welfare state is cut.
Read more...‘This Is Our Defining Moment’: UAW Launches Historic Strikes Against Big Three Automakers
The once-feared UAW is flexing some muscle. Complaints about expenses are disingenuous v, the cost of stock manipulation, aka buybacks.
Read more...Yanis Varoufakis: TECHNOFEUDALISM – What Killed Capitalism
Yanis Varoufakis’ forthcoming book examines our changed economic system, which he callls “technofeudalism.”
Read more...On Not Thinking Like a Liberal in the 21st Century
“Liberalism is the solution to nothing we face in this changing world that Liberalism hath wrought.”
Read more...How Shareholder Value Fixation Turns AI and Robotics into a Recipe for Failure
New technologies are not the problem. It’s a system distorted by a flawed shareholder value ideology.
Read more...Will It Be Socialism or Barbarism for the Twenty-First Century?
How the end of policies supporting the material well-being of workers, aka socialism, has created widespread distress and political schisms.
Read more...Income Share Agreements for Higher Education Get a Rebrand
Agreements in which students owe a percentage of post-graduate income are likely to lead to more peonage as Wall Street is eager to get in on the action.
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