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.
Rafael Correa, Ecuador’s (sometimes) left-leaning president, has spearheaded a plan to keep some of that country’s oil in the ground, in exchange for international payments to be used for sustainable energy. Read more »
A new analysis of the dollars disbursed in the bailout of Wall Street graphically illustrates the extraordinary lengths to which the federal government has gone to bail out the financial sector. Read more »
