Housing has become so expensive in the United States that the typical minimum wage worker cannot afford rent, according to a new report. There is … Minimum wage workers can’t afford rent anywhere in AmericaRead more
Capitalism
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Your standard of living not depend on your work
https://traffic.libsyn.com/secure/homebrewedchristianity/RichardWolffCOMP.mp3 Richard Wolff
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A Deal With the Devil
We’ve just passed through tax time again. (Unless, like me, you live in one of several states ravaged by recent extreme weather events brought on … A Deal With the DevilRead more
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US Pharma’s Financialized Business Model During the Pandemic
On August 16, 2022, Congress passed the Inflation Reduction Act, which, among other things, enables Medicare to negotiate the prices of certain high-cost prescription drugs, … US Pharma’s Financialized Business Model During the PandemicRead more
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Silicon Valley and the new capitalism
https://mf.b37mrtl.ru/files/2018.11/5bde9488dda4c8ac298b45f9.mp4 Richard Walker On Contact
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The Money Multiplier…and Other Myths about Banking
What people think banks do: The money multiplier and other myths The previous section looks at how banks actually operate in the real world. The … The Money Multiplier…and Other Myths about BankingRead more
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Nearly half of American workers don’t earn enough to afford a one-bedroom rental
Nearly half of American workers do not earn enough to rent a one-bedroom apartment, according to new data. Rents in the US continued to increase … Nearly half of American workers don’t earn enough to afford a one-bedroom rentalRead more
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Sovereign Money is not Full-Reserve Banking
The German Bundesbank has recently released an interesting report on the role of banks, non-banks, and the central bank in the money creation process. We … Sovereign Money is not Full-Reserve BankingRead more