Did I warn you? I warned you. Honestly I warned you very clearly.
We’re more than two thirds of the way through 2018, and we still haven’t had a financial catastrophe yet. If you think that will last, you’re more confident than many experts. Do NOT click through, to maintain that optimism!
Pittsburgh is about to become the biggest U.S. city without a daily print newspaper, which means it’s a good time to ask ourselves: How are we gonna turn this thing around? It’s a pretty short discussion, actually.
If you want to see clearly the actual aims of business, look at what their lobbying arms do. It is nothing but bribe-based rent-seeking covered by a thin, grimy layer of propaganda.
The United States of America—known everywhere as The Greatest Country in the World—ranks near the bottom of developed nations on measures of income inequality and government support for working people. Fortunately there is a solution that everyone knows will work.
Last month, twelve Democratic senators signed a letter from the office of Sen. Bernie Sanders to Secretary of State Mike Pompeo, asking the Trump administration “to do more to alleviate the ongoing humanitarian crisis in the Gaza Strip.” The letter was sent following a series of protests by Gazans that were met with…
What is the most immoral industry? Tobacco? Maybe. Guns? A contender. But it is hard to imagine any industry more loathsome than private prisons. And everyone should know exactly what respectable people are giving private prisons their money.
The Trump Labor Department this week issued an extremely important advisory to all of you with retirement accounts: do not, under any circumstances, try to invest your money ethically. Got it?
Scott Pruitt is crooked. This is inarguable, or at least it would be if so many people weren’t professionally or ideologically obligated to argue the point. The facts are damning: In addition to his scandals involving the spending of public funds on his lavish jetsetting and excessive security requirements, and his…
It feels like America’s working class has been losing the class war for as long as we can remember. But it has one wildly powerful, often forgotten tool: trillions of dollars sitting in pension funds. Might this enormous pool of capital be labor’s greatest weapon in its fight against the power of capital itself?
The CEOs of America’s biggest companies saw their median pay rise to $11.6 million last year, an all-time high. Of course, stock values are hitting all-time highs as well. These huge pay packages are a reward. So what about the rest of us?
Capitalism: it naturally devolves towards ruthless monopolistic unaccountable forms. Ugh! But short of Smashing The System, there is at least one good corporate model—the co-op. Now for some terrible news on that front.
Fellow crypto enthusiasts know that future generations will look back on today as the Age of Bitcoin, and Virgins. Our message to you: heed not the cries of so-called “qualified financial advisors” who tell you this imaginary computer money is useless.
The Republican tax cut, which stands as the lone actual big legislative accomplishment of the Trump administration, was sold on a bald-faced lie, and will cost our country more than a trillion dollars. That is the conclusion of a bipartisan team of Harvard economists. Uh... look over there, immigrants!
Why has the investor class been getting richer for decades as the working class’s share of the pie grows smaller? One prime reason is: our system, left unchecked, leads inevitably towards monopoly, which eats us all alive.
If anyone tries to make the argument to you that free markets rationally deploy capital towards its most productive purpose, ask them to explain the last month in the life of Kodak.
In the past week, the U.S. stock market has seen its two biggest one-day drops in history. The market is down more than 10% from its recent high point, entering “correction” territory. This is good.
When the government won’t do the work of improving basic rights for everyone, who will? A union can. As long as you unionize the whole damn sector. Example one: Germany.