The destruction of the middle class

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Flint Water Crisis: Michigan AG Poised to Indict Ex-Gov Snyder, Other Officials, Later This Week, But on What Charges?

Published by Anonymous (not verified) on Wed, 13/01/2021 - 10:50pm in

The Michigan AG reportedly will soon bring criminal charges against ex-governor Rick Snyder and others for actions in the Flint water crisis.

Health Workers Unions See Surge in Interest Amid Covid

Published by Anonymous (not verified) on Wed, 13/01/2021 - 8:55pm in

The COVID-19 pandemic has fuelled health care union organizing efforts, including a success at Mission Hospital in Asheville, North Caolina.

“Build Back Better” Needs an Agenda for Upward Mobility

Why Biden's "Build Back Better" could make a big difference for what was once the American middle class....charitably assuming he meant it.

A Hard Look at Rent and Rent Seeking with Michael Hudson & Pepe Escobar

An in-depth discussion of financial capitalism versus earlier models and the Chinese and Russian approach, with a focus on the role of rent.

Polarization, Then a Crash: Michael Hudson on the Rentier Economy

Michael Hudson discusses the chokehold of pro-finance, pro-rentier capitalism reaching into the present COVID-19 crisis.

DoJ Launches Nationwide Lawsuit Against Walmart for Opioids Violations

Published by Anonymous (not verified) on Mon, 28/12/2020 - 1:55am in

Feds file civil charges against Walmart for opioids violations - eschewing criminal corporate charges even for obvious drug pushing.

Explaining Fiscal Multipliers, a Stealthy but Important Budget Battleground (Part 1)

Fiscal multipliers, an economic concept often misused to justify austerity, is rearing its head in Beltway budget debates. Time to bone up.