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 182)
Victory on unemployment insurance!
This just in from our friends at the Economic Policy Institute: After months of campaigning by EPI and allied groups,
The Doctors' Revolt
Ida Hellander, executive director of Physicians for a National Health Program, emailed us recently with praise for Paying More, Getting
What Housing Crisis?
Even as the U.S. housing market plummets and millions face foreclosure, the mega-rich continue to build lavish mansions.
Climate Reality Eludes the Business Press
For the Wall Street Journal's editors, fear of a bigger government outweighs the fear of a warmer planet.
Repackaging Globalization
The 15th World Congress of the International Economic Association (IEA) kicked off a five day convention yesterday, June 25th, entitled
Cousin ♥ NY Landlord
We received a long and interesting comment about our recent post, Scenes from the Class Struggle in the East Village,
Sexy Comrades and the City
This hilarious item is from MRZine: Sex sans the City (A Post-Marxist Preview) Read the whole piece here.