Skip to main content

The Exploitation Time Bomb

Jayati Ghosh Project Syndicate
Worsening economic inequality in recent years is largely the result of policy choices that reflect the political influence and lobbying power of the rich. There is now a self-reinforcing pattern of high profits, low investment, and rising inequality

Regional Airlines Want to Cut Co-Pilot Flight Rules. The Idea Mustn't Get Off the Ground

Robert Reed Chicago Tribune
Airline travelers are willing to compromise on personal comfort and convenience in return for lower fares and regularly scheduled flights. But I doubt the flying public would agree to deeply discount their own safety by letting the government hack away at an essential industry standard designed to protect flyers from inexperienced pilots.

‘Competitive’ Distractions

Josh Bivens and Hunter Blair Economic Policy Institute
Cutting corporate tax rates will not create jobs or boost incomes for the vast majority of American families -- the facts you need to shred the myths.

Expanding the Slaveocracy

Matt Karp and Eric Foner Jacobin
Historians Eric Foner and Matt Karp on the international ambitions of the US slaveholding class — and the abolitionist movement that brought them down.

books

Parking the Big Money: Tax Havens and Capital Flight

Cass R. Sunstein New York Review of Books
"The proletariat of each country must, of course, first settle matters with its own bourgeoisie," Marx wrote, but the corporate class formatively battles internationally, including locating fake corporate headquarters to low-tax nations, in effect bleeding their home sovereign nations of tax dollars, starving state services and aiding in turning both governing and opposition parties into austerity regimes. This book and film chart the practice and ways to combat it.
Subscribe to profits