Extraction Capitalism – the latest phase
a more descriptive name than neoliberal capitalism There is no single entity called “capitalism”. Such a concept exists only as an academic construct (see orthodox […]
Cost of Thriving Index
Insecurities for the Bottom 90% of the US Population – part 1
We have written at some length about the flatlining of income growth for the bottom 90% of the population since 1980 and the transfer […]
American Compass – their conservative economics get it right, mostly
American Compass is a self-described think tank for conservative economics. From its Mission Statement page: “We are developing the conservative economic agenda to supplant blind […]
35 Years of Wage Stagnation and Middle-Class Life in the US – a concrete example
For the period between the end of WWII and 1979 there was productivity growth of ~ 55%. That means that for an hour’s work, the […]