The newly installed Sackler Courtyard at London’s Victoria and Albert Museum is one of the most glittering places in the developed world. Eleven thousand white … The Secretive Family Making Billions From the Opioid CrisisRead more
Economics
Posted inCapitalism / Economics / ToMl
How a 19th-Century Whaleship Can Save the ‘White Working Class’
When I hear the phrase “white working class” (WWC), my mind turns to the tragic story of the Essex—an inspiration for Herman Melville’s famous novel … How a 19th-Century Whaleship Can Save the ‘White Working Class’Read more
Posted inEconomics / ToMl
Socialism, Land and Banking: 2017 Compared to 1917
Socialism a century ago seemed to be the wave of the future. There were various schools of socialism, but the common ideal was to guarantee … Socialism, Land and Banking: 2017 Compared to 1917Read more
Posted inBlack / Economics / Politics / ToMl / USA Empire
Without Investment, People of Color Never Will Be Able to Catch Up
Janine Jackson: The lead of the Washington Post story reads: The incomes of middle-class Americans rose last year to the highest level ever recorded by … Without Investment, People of Color Never Will Be Able to Catch UpRead more
Posted inDebt / Economics / ToMl / USA Empire
How to Wipe Out Puerto Rico’s Debt Without Hurting Bondholders
During his visit to hurricane-stricken Puerto Rico, President Donald Trump shocked the bond market when he told Geraldo Rivera of Fox News that he was … How to Wipe Out Puerto Rico’s Debt Without Hurting BondholdersRead more
Posted inEconomics / ToMl / Trade
Battle Over NAFTA Investor Protections Heats Up
Trinational Coalition Delivers 400,000 Petitions Demanding Elimination of Corporate Rights and Tribunals Growing public opposition to the expansive corporate privileges at the heart of the … Battle Over NAFTA Investor Protections Heats UpRead more
Posted inEconomics / Military / ToMl / USA Empire
The Scandal of Pentagon Spending
Here’s a question for you: How do you spell boondoggle? The answer (in case you didn’t already know): P-e-n-t-a-g-o-n. Hawks on Capitol Hill and in … The Scandal of Pentagon SpendingRead more
Posted inEconomics / ToMl
80 Percent of the Benefit Is Going to the Richest 1 Percent
Dean Baker JJ: To the extent that there is an “endless old argument about benefits for the rich,” it seems clear that the rich keep … 80 Percent of the Benefit Is Going to the Richest 1 PercentRead more