Dean Baker
Center for Economic and Policy Research
Since President Biden took office, the media have run a constant stream of news stories about how high various prices were and telling their audiences that this has led to mass suffering.
The greatest immediate risk presented to humanity by AI is not robotic control of military weapons, but its application within the logic of capitalism—an alignment that will further relegate human needs as secondary to market forces.
Dean Baker
Center for Economic and Policy Research
The moral of the story is that there is nothing about AI technology that should lead to mass unemployment and inequality. If those are outcomes, it will be the result of how we structured the rules, not the technology itself.
A POLITICO analysis shows that pandemic-era policies reversed the trend toward a widening income gap. The move away from them threatens those gains. Which way will Biden turn?
The study is the latest piece of evidence to demonstrate the depth of New York City’s affordability crisis, which is reshaping local demographics and culture.
The popular narrative about worker shortages and layoffs is aimed at building a cultural consensus against workers and the labour movement, and is based on biased, partial, and contradictory definitions.
Despite important strides that the United States has made toward racial equality in the 60 years since the March on Washington, we have yet to address the persistent poverty and unemployment that turned Martin Luther King’s dream “into a nightmare.”
When they want to wage war or destroy the planet, American political elites are obsessed with “job creation.” When workers start accruing a modest amount of power, elites demand increased unemployment.
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