July/August 2014

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.

Taming the Corporate Beast

By Marianne Hill

Even business leaders are now calling for corporate reform, but most of the measures on offer are little more than cosmetic. | Read more »
What Happened to the Recovery?

By Gerald Friedman

Part I: Weak Employment, Stagnant Wages, and Booming Profits
Part II: Government Policy and Why the Recovery Has Been So Slow | Read more »
The Minimum Wage and Inflation

By Arthur Macewan

Dear Dr. Dollar: Would an increase of the minimum wage be inflationary? Would more inflation than we have now be a good or bad thing? | Read more »
When the Public Square Is in Cyberspace

By Zoe Sherman

Why Democracy Demands Net Neutrality.
Read more »
Climate Policy as Wealth Creation

By James K. Boyce

A “cap and dividend” policy would embody the principle that we all own the earth’s resources in equal and common measure. Read more »

Available only in the print edition:

the regulars

the short run
active culture Raising the People’s Cup
making sense Underbanked and Overcharged
up against the wall street journal “Inclusive Capitalism”
in review Thomas Piketty, Capital in the Twenty-First Century
40th anniversary retrospectiveFrom 2003: “Free Trade” and Jobs

The Plutonomy—AI Edition—and the Coming Crisis

Metal of the Past, Metal of the Future

The Latest Job Calamity—Mostly Home-Made

July/August 2014

Available only in the print edition:

the regulars