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 216)
The Elusive Search for "the Capital" in Capital Gains
If the Republicans have their way, Congress will soon enact another hefty cut in the capital gains tax. That proposal
Teaching About Stocks for Fun and Propaganda
[seealso id="1"] Every year, more than a million U.S. primary, middle, and high school students play
Genetic Engineering and the Privatization of Seeds
In 1998, angry farmers burned Monsanto-owned fields in Karnataka, India, starting a nationwide "Cremate Monsanto" campaign. The
The IMF and World Bank's Cosmetic Makeover
Medieval doctors always prescribed the same "cure"; no matter what the ailment, they applied leeches to patients and
The ABCs of Free Trade Agreements
In the United States, the corporate media have framed the debate over "globalization" largely as a struggle between
Corporate Welfare for Welfare Corporations
Sandra (not her real name) is a Milwaukee woman in her early thirties who suffers from three separate mental health