March/April 2020

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.

The Fed and the Coronavirus Crisis

Gerald Epstein

We must not keep underwriting the bloated and unproductive global financial system—helping it to lurch, prosper, and crash, from crisis to crisis. | Read more »
Coronavirus: A Capitalist Crisis

Richard D. Wolff

The catastrophe demonstrates the results when public health is subordinate to private profit and to a governmental apparatus that adulates the superiority of private over public administration. | Read more »
Social Insurance in a Time of Pandemic

Emmanuel Saez and Gabriel Zucman

A Proposal for the Government to Act as Buyer of Last Resort | Read more »
Do Sweat the Big Stuff

Zoe Sherman

Review of the Huntington Theater's production of Sweat. | Read more »

Available only in the print edition:

The Movement of People Affected by Dams in Brazil

Débora Nunes

Why hydroelectric-generated energy is not at all clean.

the regulars

editor’s note The Coronavirus Economy
the short run
cartoon Private Equity Vampires
up against the wall street journal Pundits Claim Fighting Inequlity Is Bad for Low-Wage Workers
ask dr. dollar Is a Rapid Green-Energy Switch Prohibitively Costly?

The Plutonomy—AI Edition—and the Coming Crisis

Metal of the Past, Metal of the Future

The Latest Job Calamity—Mostly Home-Made

March/April 2020

Available only in the print edition:

the regulars