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 234: March/April 2001
features
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Ministering To The Poor
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Forging a New Nation
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Quebec City: "Free-Trade" Flashpoint
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The Dominican Republic: Latin America's Latest Economic "Miracle"?
the regulars
- lettersParticipatory Economics
- the short runCoca-Cola Nation
- primerThe Washington Consensus and the Kerala Alternative
- active cultureAcceleration the Decomposition of Capitalism
- commentThe Elusive Search for "the Capital" in Capital Gains
- making senseDisarming the Debt Trap
- jubilee 2000Drop the Debt, Not the Campaign
- ask dr. dollarWhat Causes Exchange-Rate Fluctuations?
- booksIs Social Security Broke?
- economy in numbersSo What's Wrong with Reducing the Marriage Penalty?