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.
John Miller, D&S collective member and columnist, and professor of economics at Wheaton College, was interviewed yesterday on WMBR-FM (Cambridge), on the program Radio with a View, hosted by Marc Stern and Dave Goodman. They discussed the financial crisis and Paulson's bailout plan. Click here (and then click on the link for the Sunday, Sept. 21st show) to hear the interview.
Read next
The AI Safety War in My Back Yard
In the contest between Micah Lasher and “AI guy” Alex Bores, is Bores a wolf in sheep’s clothing?
Assessing Bidenomics
Is the Biden administration’s economic policy a break with neoliberal orthodoxy, or more of the same?