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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Let's Close the CEO Salary Loophole
Executive salaries are like Charlie Chaplin's classic scene in The Great Dictator. Mussolini and Hitler are sitting in
The Che Marketing Moment
Revolutionary governments rarely enjoy personnel with advanced training, technical expertise or policy-making experience in the positions normally requiring them.
Active Culture
Senior Summer This year, some of the young activists in the Union Summer program of the AFL-CIO will work
The Albanian House of Cards
In early 1993 a journalist with the Albanian Economic Tribune visited Albania's Finance Ministry to collect figures on
The Green Transformation
The Vulnerable Planet: A Short Economic History of the Environment, by John Bellamy Foster (Monthly Review Press, 1994) Is Capitalism
Denmark Shows the Way
Industry has a long record of resisting even the old-style regulations for cleaner air and water--the mandates to
Organizing Education
Graduate students have always been expected to work long hours for little pay, with the understanding that after a few
How Not to Fix Social Security
Social Security has been in the front pages lately, with the release of the Social Security Advisory Council's
Commercializing Old Faithful
The national parks face severe budget problems, and Congress is considering two solutions: raising entrance fees and creating official corporate
The Junk Bond Boss Meets the Ancient Sequoia
Ancient redwoods are priceless, from an environmentalist's point of view, but now green activists are trying to attach