Major US Companies Pay Executives More Than Uncle Sam
More evidence, as if you needed it, that corporate executives are very skilled at feathering their nests.
Read more...Category Archives: The destruction of the middle class
Gendering the Predator State
Some new wrinkles on who wins and loses in James Galbraith’s Predator State.
Read more...Book Review: Malcolm Harris’ “Palo Alto: A History of California, Capitalism, and the World”
The Silicon Valley citadel of capitalism is built on eugenics, bombs, and hatred of the working class, and it’s destroying the world.
Read more...The Reality of Bidenomics: How Good Was Biden for the Economy?
A thorough takedown of the aggressively-sold falsehood that economic performance under Biden is good but the poors are too stupid to get it.
Read more...“Growing Inflation Pains: How Democrats Must Go on Offense on the Economy”
Corporate greedflation is squeezing household budgets and distorting the economy. But is tacit support for it really a one-party affair?
Read more...The Government’s Deliberate Policy of Prejudicing the Poorest in Our Society Is Imposing Destitution on Millions
UK and US policy are mean to the poor, even though that stinginess costs all of us.
Read more...War Is Bad for You — And the Economy
How war spending serves as a cover for the distribution of pork at the expense of American needs.
Read more...Identity and the Professional Managerial Class
Largely a tribute to Barbara Ehrenreich’s work over time on the Professional Managerial Class.
Read more...New York City Survey: Unsheltered Migrants Increased Homeless Population by 25%
Some data from New York City shows how the marked increase in new migrants is stressing services and not good for the migrants either.
Read more...Michael Hudson: Higher Education Crapification – The New School Case Study
How the education part of higher education has become an afterthought.
Read more...‘Fourth Wave’ of Opioid Epidemic Crashes Ashore, Propelled by Fentanyl and Meth
Opioid abuse marches on relentlessly, with little attention to the broader social stresses that make the US such an outlier on this front.
Read more...Bizarre Valedictory Interview by CalSTRS Investment Chief, Chris Ailman, Asks Private Equity to Be Nice and Share with Workers
A revealing, and not at all in a good way, discussion of private equity by departing CalSTRS Chief Investment Officer Chris Ailman.
Read more...NYC Squeezing Migrants Out of Waiting Rooms, Effectively Forcing Them on to the Streets
NYC Mayor Adams wants to close overflow sites where migrants evicted from shelters sleep on the ground while waiting for a new cot
Read more...Inflation and Power
Why the Fed’s approach to inflation has the main effect of reducing labor bargaining power, which is seldom the real problem.
Read more...GoFundMe Has Become a Health Care Utility
Increased reliance on GoFundMe for big medical bills (for those that can even raise money) confirms that the US medical system is predatory.
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