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.
November/December 2019
These are all the articles from the November/December 2019 issue that have been posted online. To see the full table of contents for this issue, go to https://www.dollarsandsense.org/issue-345/
3 articles
Social Crises, Crises of Democracy, Neoliberalism in Crisis
The economic basis of the recent protests around the world.
The Green New Deal as an Anti-Neoliberalism Program.
In 2007, Nicholas Stern, the prominent mainstream British economist and former chief economist at the World Bank, wrote that "
Are Taxes the Best Way of Dealing with Inequality?
Dear Dr. Dollar: What steps can we take to reduce extreme economic inequality? Are taxes on the rich, on their