The Plutonomy—AI Edition—and the Coming Crisis
Driven by speculative finance, stagnant wages, and AI hype, today’s tech-heavy economy mirrors the fragile plutonomy that collapsed into the Great Crash of 1929.
Issue 209: January/February 1997
features
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A Business Showcases Its Segregated Staff
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Workers' De-Compensation
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Competition Comes to Electricity
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Judi Bari: Revolutionary Ecologist
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Last In, First Out
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South Africa Beyond Apartheid
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A Progressive's (Brief) Guide to the Internet
the regulars
- lettersThe New Party Plug
- the short runRonald McDonald Goes to Court
- active cultureThird Party Successes
- making senseA Maverick Wins the Nobel Prize / Horatio Alger, Where are You?
- in reviewThe Seven Cultures of Capitalism / Lords of Poverty
- ask dr. dollarWhat Is that Masked Bank?
- economy in numbersWhy Have Savings Fallen? Rising Inequality Deserves the Blame