As catastrophic as it is, the Covid-19 pandemic offers a moment of reflection. If we set our sights high and not throw money at big corporations, perhaps we can emerge from the crisis with an economy and society that are stronger than before.
The world economy, to the degree it still works at all, serves to benefit the few at the expense of the many. The author of the book under review does an economic deep dive into ways that can reverse that antidemocratic equation.
Activists and some members of Congress are calling for rent to be canceled, as the coronavirus pandemic wreaks economic havoc
The coronavirus didn't break America. It revealed what was already broken. Trump acquired a federal government crippled by years of right-wing ideological assault and steady defunding. He set about finishing the job, destroying the civil service.
While millions of Americans were being thrown out of work by the coronavirus, the super rich saw their wealth increase 10 percent
Government can either decide to continue the “trickle-down” approach to first protect banks, corporations and their investors with monetary stimuli, or can learn from the New Deal and provide support directly to the most fragile communities
Yes, the Dow is at a record high and unemployment rates are lower than they have been in decades – but 140 million people are also poor or low wealth
Hasan Minhaj Sits Down With Bernie Sanders. The American Pie Is a Lot More Unequal Than People Imagine. Bob Marley at 75 | Redemption Song. We Know Why Nancy Pelosi Tore Up Trump's Speech. Mitt Romney's Statement on the Impeachment of Donald Trump.
WEALTH INEQUALITY: The richest 1% controls more wealth now than at any time in more than 50 years. But what does wealth inequality really look like?@TonyDokoupil turned America’s economic pie into a real one and asked people a simple question: Who gets what? pic.twitter.com/scGPKcHbie
— CBS This Morning (@CBSThisMorning) January 31, 2020
It is becoming conventional wisdom that US President Donald Trump will be tough to beat in November, because, whatever reservations about him voters may have, he has been good for the American economy. Nothing could be further from the truth.
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