Category Archives: Economics

How Central Banks Rule the World

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Dysfunctional Economics

 

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IGNORANCE ISN’T BLISS

The corporate media ignores the rise of oligarchy. The rest of us shouldn’t By Bernie Sanders/ The Guardian/ March 16, 2018 The rapid rise of oligarchy and wealth and income inequality is the great moral, economic, and political issue of … Continue reading

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It’s Time to Give Socialism a Try

By Elizabeth Bruenig/ Washington Post/ March 6, 2017   In the United States, we’ve arrived at a pair of mutually exclusive convictions: that liberal, capitalist democracies are guaranteed by their nature to succeed and that in our Trumpist moment they … Continue reading

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It’s Time to Give Socialism a Try

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Sorry, Kids

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The Triumph of the Oligarchy

By Robert Reich/ robertreich.org/ December 17, 2017 By passing the tax plan, Republican donors will save billions — paying a lower top tax rate, doubling the amount their heirs can receive tax-free, and treating themselves as “pass-through” businesses able to … Continue reading

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History Lesson: Tax the Rich

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PRIORITIES

Letter to Editor in Monterey Herald, November 22, 2017 and San Francisco Chronicle, Nov. 27, 2017 A lesson on American priorities in the age of Trump: The 2018 budget proposals call for cuts in Medicaid, Medicare, welfare, food stamps, children’s health … Continue reading

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The Billionaires Won. The Rest of Us Lost.

By Arlen Grossman It’s not your grandfather’s America anymore. Democracy in the United States has failed. So we shouldn’t be surprised when tax cuts favor the wealthy, and we see the rich growing richer and the poor losing ground. In addition, … Continue reading

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