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.
On December 17, 1996, a year-long struggle to preserve close to six hundred union jobs in the city of
The Teamsters will conduct a national election for president this fall. While media attention has focused on the contest between
"We are writing the constitution for a single global economy," announced Renato Ruggerio, the director-general of the
When the Indonesian government under IMF order ended oil subsidies in May, the people rebelled. Already suffering an economic crisis
We’re hearing the economy is so good. We’re hearing that there’s plenty of jobs around and wages are up. But I’m not so convinced things are so great. The middle class is shrinking. Underemployment is up, and people don’t have health care. What’s the story? —Bruce Boccardy, Allston, Mass.
Late last fall, some 600 business leaders—including CEOs, marketing directors, and investors in some of the nation's
To most people, a cup of coffee is just a cup of coffee. But the people at Equal Exchange of
The Center for a New American Dream is a new nonprofit organization whose goal is to promote "sustainable consumption.