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.
Issue 227
7 articles
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
Giving the Nod to Conglomerates
Europeans use the term "universal banks" to describe their all-purpose financial institutions. Germans, for example, have long
Japanese Bank Mergers - Bigger, Not Better
Japan will boast the largest bank in the world once the merger of three of its already very large — but