Tag: new gilded age

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Life in the New Gilded Age

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In General
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On November 17, 2019
Until this nation gets over its belief that corporations are fundamentally good, we will never solve our national problems. At this point, the corporations aren’t even trying to hide their insatiable greed and contempt for the rest of us losers, defined by the fact that we aren’t rich. In the 2017 fiscal year, FedEx owed […]

The Next Recession

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On November 13, 2019

One thought I’ve had a lot over the last couple of years is that the real power of the rejuvenated left will truly be determined in the next recession, not in this presidential election. The big

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Of course the vultures are ready to profit big-time off our national program of ethnic cleansing. Six high-ranking employees at a nonprofit organization housing thousands of migrant children for the federal government made at least $1 million for their work in 2017, according to tax filings released Tuesday. The tax records show that Juan Sanchez, […]
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More on the False Economy

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On May 22, 2019
Building on yesterday’s post about how despite the low unemployment numbers, people’s lived economy is basically terrible, Jacob Hacker has a very useful op-ed in the Times on the same issue. Even with unemployment at a 50-year low, the job market is failing to reach millions of potential workers. That’s because those who aren’t working […]

The False Economy

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On May 21, 2019

Yes, unemployment rates are low. There are jobs for most people who want them. But this has not really budged the national worry over income inequality and the widespread belief that the economy does

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Higher education in the 21st century, especially at elite institution, is basically a hedge fund operation, building up enormous endowments while not spending any of it on anything that doesn’t generate more profit. People have long said they want higher education run like a business and now it is. So you have this kind of […]
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