Covid-19 Economic Realities Sinking in as Denialism Wanes, Desperation Rises
Putting some ugly Covid-19 facts together.
Read more...Category Archives: The destruction of the middle class
There Can Be No Equality Without a Dramatic Renewal of Employment Opportunity for All American Workers
Workers, and above all black workers, lost out when unions came under attack and corporate profiteering and short-termism became the norm.
Read more...Introducing *An Economic Program for American Democracy*
A 1938 economic manifesto makes modern day schemes look inadequate and unimaginative.
Read more...“Cancel Culture,” Race and the Greed of the Billionaire Class
Why cancel culture gets the elites off the inequality hook.
Read more...Covid-19 Bankruptcies Bleeding Out Jobs, Economic Capacity
Covid-19 bankrupties show how the disease is draining the economy.
Read more...Biden Defends Undying Allegiance to For-Profit Healthcare During Interview With Dying Medicare for All Advocate Ady Barkan
Biden acts like the heartless pol he is. He can’t keep up the pretense if someone wants to get between him and insurer profits.
Read more...Unemployment Claims Hit New Record: 32.9 Million State & Federal. Week 16 of U.S. Labor Market Collapse
The latest unemployment data calls into question the notion that anything more than a techical recovery is underway.
Read more...“A Scandal’: Contracts Show Trump Giving Big Pharma Free Rein to Price Gouge Taxpayer-Funded Coronavirus Drugs
Drug price gouging is so widespread in the US that it seems unlikely that there will be enough outrage to limit coronavirus drug price gouging.
Read more...Education 101: Don’t Open a New Charter School in the Middle of a Pandemic
A hard look at charter school misleading ads, racial segregation, and dodgy economics.
Read more...Los Angeles Hit Hard by Implosion of Freelance Work
The collapse of high-end freelance work isn’t just about the loss of incomes. If it persists long enough, it means the loss of capabilities.
Read more...Yanis Varoufakis: Interview with Léa El Azzi on Capitalism After the Pandemic, Europe, Greece, Lebanon & the IMF
A discussion of the state of capitailsm, with a European/Lebanase slant.
Read more...We Won’t Have a Truly Global Economy Until We Tax It That Way
Tax is an enormously powerful tool for shaping economic policy and thus bears close watching.
Read more...Pentagon Porks Up as Covid-19 Bleeds Economy
Quelle surprise! Pentagon grifting continues apace, even in the face of a full-bore domestic crisis.
Read more...Michael Hudson on Coronavirus and Debt Winners and Losers
Michael Hudson explains why debt cancellation and turning banks into utilities is the only sound response to the cornacrisis.
Read more...Pandemic-Emptied Hotels Could Become Affordable Housing, City Officials Suggest
Potentially thousands of vacant hotel rooms in New York City alone are ripe for conversion into permanent residences, deputy mayor, housing groups and hotel owners agree.
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