Tag: Economic inequality

  • The Decline of Trumpism and the Crisis of Capitalism

    The chaotic Trump reign over US politics is showing critical signs of weakening on many fronts: Trumponomics is failing: Trumpian immigration policy has stirred a powerful backlash; Teflon Trump has been tarnished by his clumsy, slippery handling of the Epstein scandal; his foreign-policy contradictions and outrages have confused both international friends and foes alike; and […]

  • “Free Market” Charter Schools Wreak Havoc in Michigan

    “Free Market” Charter Schools Wreak Havoc in Michigan

    While the essence of the “free market” chaos, anarchy, and violence underpinning the charter school sector is the same across the U.S., the form it takes varies from state to state for different reasons. In Michigan, for example, about 80% of charter schools are openly for-profit charter schools, which is a disproportionately high number of […]

  • Mr. Ip and the Wall Street Journal Discover Wealth Inequality

    It was in 2013 that Thomas Piketty rediscovered the problem of wealth inequality with his celebrated book Capital in the Twenty-first Century. Published by Harvard University Press and selling several million copies, the book turned prevailing mainstream economic thinking on its head. Academic economists and capitalist apologists had long assured us that capitalism persistently created wealth […]

  • Should Billionaires Have It All?

    California politics is currently being shaken up thanks to a drive, led by the Service Employees International Union, to enact a one-time wealth tax on the state’s billionaires to offset federal cuts to healthcare and support public education and food assistance programs. Campaigning for the measure, U.S. Senator Bernie Sanders told an enthusiastic crowd that […]

  • Wealth, Authoritarianism, and Media

    It’s official. This tormented, heated, traumatised planet is now home to over 3,000 billionaires. (That number was reached last year.) In October 2025, Elon Musk became the first man to have wealth exceeding half a trillion dollars. These developments could still take alongside the fact that one in four people across the globe face hunger. […]

  • Artificial Intelligence, Global Inequality, and the Colonial Machinery of Capital

    Artificial intelligence is often presented as a universal breakthrough — a tool that will democratize knowledge, expand opportunity, and usher in a new era of human progress. But AI does not emerge in a vacuum. It is built inside a global order shaped by conquest, extraction, and the long shadow of empire. The world into […]

  • Is Capitalism Reaching the End of the Road?

    Capitalism is fast becoming so unpopular that the money-grubbing old autocrat in the White House wants to protect it by promising to investigate and prosecute anyone who speaks against it. Free speech be damned. But Milton Friedman said Capitalism and Freedom go together.  So, we will use some of that fast-disappearing freedom to comment on the […]

  • The Ancient History of Socialism in North America

    Monday was Indigenous People’s Day, when much of the United States celebrates a murdering, enslaving, profiteering, imperialist Italian sailor mercenary and missionary who couldn’t tell one continent from another, wisdom from ignorance, or value from waste. I was born and raised and have mostly lived in the eastern United States, and yet when I hear […]

  • Billionaires Could Soon Face More Taxing Times

    Billionaires, beware: Thousands of your countrymen are focusing hard on reining in your riches. All of them, including large numbers of millionaires, want you to pay higher taxes. They want a twenty-first century America with less income inequality and more tax fairness. Something like the America of decades ago, before the laws started leaning toward […]

  • Eugenics and the Discriminatory Misuse of Gene Science Explored

    Eugenics and the Discriminatory Misuse of Gene Science Explored

    A beautiful, troubling reminder… A must-watch. — Erik Peterson, Assoc. Prof. of the History of Science, University of Alabama, Author, The Shortest History of Eugenics In The Name of the Gene Directed by Stephanie Welch Produced by Stephanie Welch, Andrew Kimbrell, Jed Riffe The concept of a “gene” — which came about during the Gilded […]

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