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.
By Thomas Palley Reposted from the author's blog, Economics for Democratic and Open Societies. The inevitable has happened.
Now that the twenty year-long US military expedition to Afghanistan has ended in catastrophe, the US Neocon establishment has
By Thomas Palley Re-posted, with permission, from The Globalist and ThomasPalley.com. Donald Trump’s first one hundred days