Category: Economics

Jack Rasmus: Capital’s Latest Ideological Offensive

Attacking Medicare for All, MMT, & Socialism

Elizabeth S. Anderson: Capitalist Workplaces Set Bosses Up to Be Authoritarian Tyrants

Long before the growing interest in economic inequality facing contemporary capitalist societies, radical thinkers and union organizers were concerned about the authoritarian governance in workplaces. Unfortunately, this concern seems to have taken a back seat in political philosophy during the present era. Elizabeth S. Anderson, a professor of philosophy and women’s studies at the University Read more…

Maria Svart: Capitalism Isn’t ‘Broken’. It’s Working All Too Well

Exploitation is a feature of capitalism, not a bug

Jack Rasmus: Trump Whacks the Middle Class & US GDP 1st Qtr 2019 Analysis

It’s clear Trump’s 2018 tax cut is making the middle class pay for corporations, businesses, investors and the wealthiest 1% households historic tax cuts totaling no less than $4.5 trillion over the next decade

Noam Chomsky: Trump’s “Economic Boom” Is a Sham

The sharp rise in suicides and overdoses under Trump exposes the truth about the U.S. economy

Patrick Bond: Lonmin’s murder, by money

Autopsy reveals the British-South African corpse’s poisoning by microfinance, ‘development finance’ and corporate finance

Vince Taylor: Why Billionaires Have No Right to Their Wealth

Hundreds of commentators have warned that extreme concentration of wealth threatens democracy and social stability. Not a day goes by without a new article with details on the unprecedented growth in income inequality and its dire consequences.  Something is missing, though. No one is proposing measures that would take away wealth from the 600 or Read more…

Jack Rasmus: China-US Trade War: Hiatus or Busted Deal?

A bona fide Constitutional Crisis is brewing in the US as Trump insists on governing for his 35% supporters and to hell with the rest of the country, and as he governs increasingly at the expense of Congress’ s constitutional rights

Jack Rasmus: Why Government Jobs Stats Are Inaccurate

Reply to Doug Henwood’s Apology & Defense of Government Reports

Jack Rasmus: US GDP 1st Qtr 2019 Analysis–The Facts Behind the Hype

Bottom line, however, the 3.2% GDP is no harbinger of a growing economy. Quite the contrary. It is artificial and due to temporary forces that are likely about to change

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