capitalism

Federal Jobless Aid, a Lifeline to Millions, Reaches an End
The abrupt loss of pandemic unemployment benefits on a broad scale could have long-term effects not only for the recipients but also for the economy. ...[Read more]
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Why Is Capitalism Creating An Economy That Is 40% Bullsh*t Jobs?
As a society, we’re forcing millions of people to go to offices five days a week, eight hours a day, and do nothing ...[Read more]
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Chicago Is Being Amazonified
Chicago recently made headlines for turning public parks space over to Amazon package lockers. But those lockers are only one example of Amazon and public officials using public-private “partnerships” to give away public resources and harm communities ...[Read more]
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Jimmy Carter: The U.S. Is an “Oligarchy With Unlimited Political Bribery”
According to the former president, Americans are now experiencing “a complete subversion of our political system as a payoff to major contributors.” ...[Read more]
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Has Covid ended the neoliberal era? | Adam Tooze
The long read: The year 2020 exposed the risks and weaknesses of the market-driven global system like never before. It’s hard to avoid the sense that a turning point has been reached ...[Read more]
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750,000 Households May Face Eviction If Congress Doesnt Act, Says Goldman Sachs
Anew analysis from finance firm Goldman Sachs finds that if Congress doesn’t act soon to pass an eviction moratorium, 750,000 households could face eviction in the fall and winter. The investment bank estimates that between 2.5 and 3.5 million people in ...[Read more]
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How the rich get free money and don’t pay taxes on it
When you are very rich, you can borrow money at interest rates that are next to zero; you can also take your income in stock, rather than cash. Stock is only taxed when you sell it, and then at the lower capital gains rate, because the IRS rewards gamblin ...[Read more]
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Exclusive: Report Details Corporate Landlord Gluttony as Millions Face Eviction
Despite their loud public complaints to lawmakers about the supposed "economic hardships" caused by the CDC's now-terminated eviction moratorium, large real estate companies have privately touted their solid performance during the coronavirus pandemic—a ...[Read more]
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The Supreme Court has gone too far and left Democrats with only one option
As a pair of Supreme Court decisions from the Republican majority showed this week, they feel free to do exactly what they were appointed to do: Impose their far-right ideology on an unwilling public. ...[Read more]
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“Im utterly sick of it” – UK workers on returning to the commute
As September approaches, employers are increasingly asking workers to come in, with many offices adopting hybrid systems after months of working from home – prompting mixed emotions. Commuting can be both expensive and polluting. UK workers pay more of ...[Read more]
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Once Secret Prices Expose ‘Irrational and Cruel’ Nature of US Healthcare System
With hospitals across the U.S. refusing to comply with a new federal rule requiring them to disclose the prices they negotiate with health insurers, a sampling of previously secret data published late Sunday reveals how much basic medical procedures cost ...[Read more]
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