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While industrial capitalism got rid of the landlord class, capitalism still had economic rent, but instead of being paid to the landlord class, it is now paid to the banks in the form of interest.
Being in debt obliges people to work more and more, no matter how precarious the conditions. Debt, in other words, produces obedience, and it affects women differently to men.
Congress should immediately pass the Wall Street Tax Act,(A Financial Transaction Tax - FTT), which would tax the sort of high-speed trading that has turned the financial sector into a casino at the expense of our communities.
History, Taylor writes, is not repeating itself with housing inequality, but cyclically proceeding as an inevitable effect of a racialized system perpetuated by capitalism.
Persistent housing segregation lies at the root of many of our society’s problems. Trump wants to make it worse. This was not a peculiar Southern obsession, but consistent nationwide. In many hundreds of instances nationwide, mob violence....
The repo market is a fragile house of cards waiting for a strong wind to blow it down, propped up by misguided monetary policies that have forced central banks to underwrite its highly risky ventures.
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