Speaking of the need for citizen participation in our national politics in his final State of the Union address, President Obama said, “Our brand of … Democracy of the BillionairesRead more
Economics
Posted inEconomics / Inequality / USA Empire / Worker
100 CEOs Have as Much in Retirement Assets as 41% of American Families
A new report out this week from the Institute for Policy Studies dives into the gap in retirement assets between the CEOs of America’s Fortune … 100 CEOs Have as Much in Retirement Assets as 41% of American FamiliesRead more
Posted inEconomics / Greece / ToMl
It was a coup
Yanis Varoufakis interviewed by de Volksrant -Let’s go back to your brief period in office first. What were the happiest moments during that time? “When … It was a coupRead more
Posted inEconomics
Debt-free money and banana republics, part two
By L. Randall Wray My previous blog sparked a lot of discussion, especially over at Naked Capitalism. I do pity Yves Smith! There’s enough nonsense … Debt-free money and banana republics, part twoRead more
Posted inEconomics / Fossil fuel / Oil / ToMl
The Big-Oil Bailouts Begin
Despite a bounce this week, low oil prices continue to sow fear, uncertainty, and mayhem across the emerging market complex. On Wednesday, it was leaked … The Big-Oil Bailouts BeginRead more
Posted inEconomics / Poverty / ToMl / USA Empire
Dickensian Marketing Experiment on Poor Children
In America, as a rule, we shame the poor, ignore the poor, blame the poor for being poor, mock the poor and do little to … Dickensian Marketing Experiment on Poor ChildrenRead more
Posted inEconomics / ToMl / USA Empire / Worker
The unseen toll of workplace disease in America
Guns take more than 30,000 lives in America each year. But there’s a less-visible, even deadlier scourge that’s been mostly lost in an era of … The unseen toll of workplace disease in AmericaRead more
Posted inEconomics / GMO / India / Law / Monsanto-Bayer
CCI orders probe against Monsanto joint venture
The Competition Commission of India (CCI) has sought a probe into a joint venture of Monsanto arguing that there exists a prima facie case of … CCI orders probe against Monsanto joint ventureRead more
Posted inEconomics / ToMl
The sharing economy: the good, the bad, and the real
Whether it’s hailing a taxi, finding somewhere to stay on your travels or arranging help at home, new and sophisticated websites and apps are ripping … The sharing economy: the good, the bad, and the realRead more
Posted inEconomics / Inequality / ToMl
Inequality’s Top Scorekeeper?
Earlier this fall, in Guadalajara, Mexico, the Paris-based OECD — the official economic research agency of the developed world — brought together social scientists from … Inequality’s Top Scorekeeper?Read more