Central Asia’s Neoliberal Tragedy
How the post-USSR neoliberal land grab played out in Kazakhstan and Kyrgyzstan. Needless to say, not pretty.
Read more...Category Archives: The destruction of the middle class
10,000 John Deere Workers Reject Contract, Strike 14 Plants
A round-up on the John Deere strike: The contract dispute, and the correlation of forces between labor and management.
Read more...Michael Hudson: Super Imperialism, 3rd Edition
Michael Hudson’s Super Imperialism strikes again!
Read more...The Supply Chain Crisis: How We Got Here
On some of the key management practices and fads that produced dependence on extended and revealed-to-be-fragile supply chains.
Read more...The Neverending Brexit: Flailing Johnson Set to Try to Renege on Commitment to Respect Good Friday Agreement
Boris Johnson is expected to eyepoke the EU by reneging on the Norhtern Ireland protocol, presumbly to distract from domestic shortages.
Read more...Why America Needs a National Program of Paid Sick and Family Leave
Family leave is productive as well as humane, but American management has been keen to keep its boot on workers’ necks.
Read more...Reallocation Effects of the Minimum Wage
Raising minimum wages is good for workers and (surprise!) company operations! Too bad those whiny managers worry they will skim less.
Read more...‘This Is a Battle Between What People Need & What Money Wants.’ How’s That Going to End?
Class warfare, American style, is ever more obvious. But how much are ordinary people taking note?
Read more...Why Does Congress Fight Over Childcare But Not F-35s?
Details on why Congress is addicted handing out military pork as opposed to spending money on citizens’ needs.
Read more...Just Keeps Getting Worse: Services Trade Surplus, the American Dream-Not-Come-True, Worst in 10 Years. Imports Worst Ever. Trade Deficit Worst Ever
Repeat after me: trade deficits = exporting jobs. The latest results confirm how crappy US policies are.
Read more...Ralph Nader: While Americans Sleep, Our Corporate Overlords Make Progress Impossible
Politicians from both parties do the bidding of their corporate overlords rather than act on behalf of voters.
Read more...Evidence on the Effects of Work Requirements in Safety Net Programs
Quelle surprise! Work requirements in social safety programs reduce participation, as opposed to help the recipients.
Read more...Keir Starmer’s Speech – Labour’s Best Thing Since Stale Bread
It’s not capitalism that has to change, the Labour leader told us. It’s you.
Read more...Michael Hudson and Thomas Piketty Debate Inequality, Debt, and Reform
Thomas Piketty and Micheal Hudson address “What is debt,” and also address inequality, rentierism, and reform in the West and China.
Read more...The Violence of the 24-Hour Workday: Fighting Exploitation
The 24-hour-working immigrant underclass drags down the conditions of workers of all races, genders, and class positions across industries
Read more...