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Created
Tue, 25/02/2025 - 06:00

What political economy approach can reveal the internal relations of exploitation and expropriation through a focus on related class struggles and broader alliances across the spheres of production and social reproduction?

The post What political economy approach for the 21st century? appeared first on Progress in Political Economy (PPE).

Created
Tue, 25/02/2025 - 05:30
The pessimism, wrong track numbers and general vibes on the economy are already low so I will be surprised if these layoffs don’t turbo charge the negative vibe. (I’ve been surprised by this stuff before, so don’t take my word for it…) Anyway, here are some predictions from economists: The job cuts could ultimately be the biggest in U.S. history. IBM’s purge of about 60,000 workers in 1993 is thought to be the largest corporate layoff. The Trump administration’s purge of federal workers may ultimately amount to the biggest job cut in U.S. history, which is likely to have ramifications for the economy, especially at the local level, according to economists. […] There were about 220,000 federal employees with less than a year of tenure as of May 2024, according to the most recent data from the U.S. Office of Personnel Management. Additionally, more than 75,000 federal workers have accepted a buyout offer, according to a Trump administration official. They agreed to resign but get paid through September.
Created
Tue, 25/02/2025 - 05:05

“Billionaire Elon Musk issued an ultimatum to federal employees Saturday, saying in a post on his social media platform X that employees must respond to an email justifying the work they completed this week or resign.” — NBC News

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The spirit of innovation is back in the White House. After decades of bureaucratic stagnation, the newly-created Department of Government Efficiency (DOGE) has been given a sweeping mandate to streamline operations and eliminate government waste, which is why I’m demanding that all three million federal workers stop what they’re doing and write an email that no one will read.

Created
Tue, 25/02/2025 - 04:59
When James Murdoch was considering marrying Kathryn Hufschmid, he invited her to meet his family while they were holidaying on a super yacht off the coast of Australia. During the holiday, she caught Rupert cheating at Monopoly. Murdoch just smirked and shrugged. This morsel is from an article just published in the Atlantic by McKay Continue reading »
Created
Tue, 25/02/2025 - 04:56
If people want to know how genocide can occur, just look to our politicians who have done nothing to stop the crime of the century, Israel’s live-streamed mass slaughter of Palestinians and erasure of Gaza. We are witnessing a moral and intellectual breakdown in which the respectable position is not to condemn Israel’s grotesque crimes Continue reading »
Created
Tue, 25/02/2025 - 04:51
Peanut Butter is a staple diet for many of us living busy lives and seeking tasty nutrition in a jar. And for those like me who love Bega’s brand of (Smooth) PB (see how it naturally aligns with ‘Personal Best’?), we can be doubly proud that the Australian-owned company behind this brand is part of Continue reading »
Created
Tue, 25/02/2025 - 04:00
Considering the carnage being inflicted upon the country by the Trump administration over the past four weeks you would think that the GOP would be the most unpopular political party in the country. After all, the polls show that the public is very unhappy with Donald Trump’s policies while the Republican elected officials appear to be in a state of suspended animation unable to exercise their own prerogatives as an equal branch of government even as the president and his henchmen usurp their power while basically laughing in their faces. Sadly, despite the fact that the GOP is extremely unpopular, the prize for most loathed political party at the moment belongs to the Democrats. The numbers are very bad. According to the Quinnipiac poll, 57% of registered voters have an unfavorable opinion of the Democratic Party. It’s the highest that’s been since they started asking the question back in 2008. By contrast only 45% of voters are unhappy with the GOP. The Democrats are at a lukewarm 31% favorability rating.