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.
Democratic Party
4 articles
The Democrats Confront Monopoly
By Polly Cleveland In the 1970’s when I studied microeconomics in grad school, we got to monopoly briefly in
The Democratic Party’s “Centrist” Leaders Remain Clueless
By William K. Black Cross-posted at New Economic Perspectives. On December 10, 2016, a New York Times article entitled
Jobs, Jobs, Jobs -- Not Austerity
By William K. Black Cross-posted at New Economic Perspectives. Bob Rubin and Alan Greenspan convinced the New Democrats, over
Bernie Slanders: How the Democratic Party Establishment Suffocates Progressive Change
By Thomas I. Palley, Independent Economist Washington, D.C. Cross-posted at the author's blog, thomaspalley.com. An