We face a second insurrection today, and most people have no idea how closely it’s modeled on the first one. The new GOP motto might as well be, “We don’t need no stinkin’ issues; we just want power and revenge for the heroes of the Old South.”
Economic models do not, and never can, fully reflect the extraordinary complexity of human markets. The point is to create useful abstractions to provide decision-makers with a sense of the budgetary and economic impacts of a given policy proposal.
Three new movies recall the 1930s gangster movie era, but with a twist. They sketch the outlines of a dysfunctional social and economic reality by focusing on people who are caught in the gears of the system, in one way or another
Reader Comments: Buffalo Murders; Replacement Theory; Abortion; Racial Wealth Gap; Left-wing Populism; Ukraine; Afghanistan; South; Abortion in the 70s - The Janes; Housing Failure; Announcements; more ....
Employees at the snack giant’s facility in Kansas demand an end to unpredictable hours and what they call hazardous conditions amid soaring profits.
Reader Comments: Trump Calls Out White Supremacists; Trump and Military Veterans; Billionaires Plunder Working Folks; Allende Remembered - the Other 9/11; Why Congress Must Act - COVID Jobs Losses Continues; Lots of Announcements; and more...
Underlying the nationwide protests for black lives is the racial wealth gap.
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.
The three wealthiest families in the U.S.—the Waltons (Walmart), the Kochs, and the Mars—have seen their wealth increase nearly 6,000% just in the past generation. Median household wealth over the same period went down by 3%.
Our country's greatest failing, the true disaster, of our time: the scourge of growing inequality, economic and political. It is despicable as the very wealthy convert their financial might into political power to guard that wealth while exacerbating inequality further. This is the vast difference between a society whose arrangements serve all its citizens or one whose institutions have been converted into a stupendous fraud - democracy in name only.
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