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.
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The Wal-Mart Trap
For every woman shattering the glass ceiling, there are many more trapped in low-wage jobs and working conditions that
Dear Dr. Dollar:
Each year the U.S. has huge trade imbalances, especially with Asian countries. How can we keep having these trade deficits without any apparent ill effect on our economy? Will we eventually no longer be able to do this? —David J. Harrowe, Chandler, Ariz.
Saint Greenspan?
So extravagantly has the media been lauding Alan Greenspan, one would almost think he had been nominated for sainthood rather
Deciding Who's Poor
For decades, now, right-wing think tanks have urged a reform of the official method of defining poverty and counting
Dear Dr. Dollar:
How much does the U.S. government spend on NATO and on the United Nations? Can you itemize these sums? —Dave Muller, Denver, Colorado
Global Economic Inequality
As the calendar turns to the year 2000, the best guide to the real Y2K crisis is not yet another
Are Labor Standards Elitist?
A fundamental demand of many of the Seattle anti-WTO protesters is that trade agreements embody enforceable labor rights. Officials