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 281
8 articles
Inquilinos atrapados en la pesadilla hipotecaria
Los organizadores comunitarios luchan por los inquilinos, quienes enfrentan desalojo por embargos hipotecarios.
Los Daños del Bloqueo … Para el Bloqueador
Un insólito análisis que reafirma el carácter absurdo del bloqueo de los Estados Unidos contra Cuba que ha hecho la
The Costs of the Blockade—for the Blocker
The 47-year-old blockade now costs the United States far more than it costs Cuba.
Renters In the Crosshairs
Community organizers are fighting for renters facing eviction because of foreclosure.
Dear Dr. Dollar:
I learned in my economics classes that in a market economy, problems tend to be self-correcting: when a recession starts, demand weakens; then prices drop, people and firms start to buy more and the economy picks up again. So why don't we see this kind of self-correction now? Why does it seem as if