Global South Suffering Due to Powerful Nations’ Elite-Serving Policies
Naked Capitalism | Income Disparity Blog
by Yves Smith
8h ago
The World Bank projects the worst slowdown in over four decades in 2024. This is mainly due to Western powers’ contractionary policies ..read more
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Michael Hudson: Modern (Mis)interpretations of Ancient Debt Cancellation
Naked Capitalism | Income Disparity Blog
by Yves Smith
3d ago
Modern economists misrepresent how ancient debt cancellation worked, forcing it into contemporary neoliberal /creditor rights frameworks ..read more
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Lost in the Green Transition: Which Workers Win and Lose
Naked Capitalism | Income Disparity Blog
by Yves Smith
3d ago
Most green energy boosters skip over which workers will win and lose. This post addresses that oversight ..read more
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Why Corporations Choose Lawlessness to Fight Unions
Naked Capitalism | Income Disparity Blog
by Yves Smith
1w ago
Workers at companies like Apple and Starbucks face armies of union-busting lawyers advising employers to repeatedly violate labor laws ..read more
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Trump Versus Biden: The Substantial Fall in Real Wages for Most Workers Under Biden
Naked Capitalism | Income Disparity Blog
by Yves Smith
1w ago
An important new paper contradicts Democratic pundits, showing that most workers lost in real wage terms under Biden ..read more
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US Trade Desperation: Trump Insider Robert Lightheizer Recommends Third-World Capital Controls to Achieve Balanced Trade
Naked Capitalism | Income Disparity Blog
by Yves Smith
1w ago
New desperate ideas to fix chronic US trade imbalances, like capital controls, are getting a hearing ..read more
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Word of the Day: Don’t Say “Covid Pandemic.” Say “Covid Syndemic”!
Naked Capitalism | Income Disparity Blog
by Lambert Strether
1w ago
"'Tis a mystery," except not ..read more
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US Affordable Housing Policy Works for Wall Street and Rich Developers, Not Renters
Naked Capitalism | Income Disparity Blog
by Yves Smith
2w ago
Current policy doesn’t provide affordable housing very well but does a good job of lining the pockets of real estate interests ..read more
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The Long Goodbye? Mitch McConnell and Big Money Politics
Naked Capitalism | Income Disparity Blog
by Yves Smith
2w ago
In a political system whose primary currency is not the vote but the dollar, McConnell’s role as leader has been well-earned ..read more
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Apple’s “Crush” Ad, Rentierism, and the End of Capitalism?
Naked Capitalism | Income Disparity Blog
by Lambert Strether
2w ago
Apple's dystopian ode to rentierism ..read more
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