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.
Latest news (Page 177)
Boston-Area Protests against the Bailout
Justice and peace organizations across the US are organizing a concerted public outcry against the Bush administration demand for a
A Bailout We Don't Need--Jamie Galbraith
By James K. Galbraith, in today's Washington Post: Now that all five big investment banks -- Bear Stearns, Merrill
McCain hasn't "had a chance" to read bailout
Hat-tip to Doug Henwood of the Left Business Observer for this gem: SENATOR MCCAIN SAID TUESDAY THAT HE HADN&
More Resources on the Bailout--from IPS
This is from Chuck Collins, of the Institute for Policy Studies, and a D&S Associate: Handing Wall Street
The Magnitude and Meaning of the Proposed Bailout
A press release from the excellent National Priorities Project. What $700 Billion for Wall Street means on Main Street Northampton,
Jobs with Justice Letter Campaign
This is from Jobs with Justice; hat-tip, again, to John Miller. What's At Stake? Tell Congress: No
Resources for Action on the Bailout
Hat-tip to D&S collective member and columnist John Millerfor these links. First, long-time D&S
Just Another Wacky Day In Finance
This posting is from D&S collective member and frequent blogger Larry Peterson. To see more of his posts,
Bright Greetings Dear American- -Paulson's Scam
- - - - - - - - - - - - - - - - - From: Henry Paulson Date: 9/23/2008 Subject: Supper secret transaction Need you're help Bright Greetings Dear American:
Jim Crotty on Market Meltdown
Hat-tip to Emily Kawano of the Center for Popular Economics for this item: "Market Meltdown": Listen to
Is the Bailout Justified?
This is a Q&A session with Mason Gaffney, professor of economics at the University of California at Riverside.
The shadow banking system is unravelling
A grim assessment from Nouriel Roubini of the Financial Times: Read the rest of the article.