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Tag Archives: Wage Stagnation
What’s Changed and What Hasn’t in a Tumultuous Year
By Charles Hugh Smith Source: Of Two Minds Inequality is America’s Monster Id, and we’re continuing to fuel its future rampage daily. What’s changed and what hasn’t in the past year? What hasn’t changed is easy: 1. Wealth / income inequality … Continue reading
Posted in Corporate Crime, Corruption, culture, Dystopia, Economics, Financial Crisis, Labor, Oligarchy, Social Control, Social Engineering, society, Sociology, State Crime, Work
Tagged central banks, Dystopia, Economic Collapse, economic inequality, Economics, elites, financial crisis, Income Inequality, Over-speculation, tourism, Wage Stagnation, Wealth
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Is the American Dream Still Alive? (Infographic)
Source: Strategic Culture Foundation The post-WWII United States was at the peak of its soft power. One of its pillars was the American Dream. Every American could expect that his children would be better off – better off in every … Continue reading
Posted in Corporate Crime, culture, Dystopia, Economics, elites, Financial Crisis, Inequality, Labor, Oligarchy, Social Control, Social Engineering, society, Sociology, State Crime, Work
Tagged American Dream, compensation, Economic Collapse, economic inequality, Economics, financial crisis, Health, Labor, Oligarchy, Plutocracy, Productivity, society, Wage Gap, Wage Stagnation
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Re-Opening the Economy Won’t Fix What’s Broken
By Charles Hugh Smith Source: Of Two Minds Re-opening a fragile, brittle, bankrupt, hopelessly perverse and corrupt “normal” won’t fix what’s broken. The stock market is in a frenzy of euphoria at the re-opening of the economy. Too bad the … Continue reading
Posted in Corporate Crime, Corruption, culture, Dystopia, Economics, elites, Financial Crisis, Inequality, Oligarchy, Recession, Social Control, Social Engineering, society, Sociology, State Crime
Tagged Debt, Economic Collapse, economic inequality, Economics, financial crisis, Infrastructure, Oligarchy, Productivity, Stock Market, Wage Stagnation
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No, This Is Not Another 1929, 1973, 1987, 2000, or 2008
By Charles Hugh Smith Source: Of Two Minds Basing one’s decisions on analogs from the past is entering a fool’s paradise of folly. Like addicts who cannot control their cravings, financial analysts cannot stop themselves from seeking some analog situation … Continue reading
Posted in Corporate Crime, Corporate Welfare, Corruption, culture, Dystopia, Economics, elites, Empire, Financial Crisis, Inequality, Neoliberalism, news, Oligarchy, Social Control, Social Engineering, society, Sociology, State Crime
Tagged Cartels, central banks, coronavirus, Covid-19, Debt, Dystopia, Economic Collapse, economic inequality, Economics, financial crisis, Financialization, Globalization, Great Depression, Monopolies, Neofeudalism, Oligarchy, overvalued stock valuations, Pandemic, stock buybacks, Wage Stagnation, wall street
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Neoliberal Economics Destroyed the Economy and the Middle Class
By Paul Craig Roberts Source: PaulCraigRoberts.com According to official US government economic data, the US economy has been growing for 10.5 years since June of 2009. The reason that the US government can produce this false conclusion is that costs … Continue reading
Posted in Corporate Crime, Corporate Welfare, Corruption, culture, Economics, elites, Empire, Financial Crisis, imperialism, Inequality, Neoliberalism, Oligarchy, Recession, Social Control, Social Engineering, society, Sociology, State Crime
Tagged capitalism, Consumerism, Debt, Economic Collapse, economic inequality, Economics, Federal Reserve, financial crisis, Financialization, financialized economy, GDP, income gap, International Finance Corporation, Michael Hudson, Neoliberalism, US Department of Commerce, Wage Stagnation, Wealth Disparity, World Bank
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Costs Are Spiraling Out of Control
By Charles Hugh Smith Source: Of Two Minds And how do we pay for these spiraling out of control costs? By borrowing more, of course. If we had to choose one “big picture” reason why the vast majority of households … Continue reading
Posted in Corporate Crime, Corruption, culture, Economics, education, elites, Financial Crisis, Health, Inequality, Labor, Social Control, Social Engineering, society, Sociology, Work
Tagged anti-trust, asset inflation, Cartels, central banks, Debt, Economic Collapse, Economics, Education, financial crisis, healthcare, Housing, Housing Bubble, Labor, Monopolies, Student loan debt, Wage Stagnation, Wages, Work
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1% Politics and the New Gilded Age
Citibank Continue reading
Posted in Corporate Crime, Corruption, culture, Dirty Politics, Dystopia, Economics, elites, Financial Crisis, Inequality, Neoliberalism, Oligarchy, Social Control, Social Engineering, society, State Crime
Tagged 1%, College Admissions, economic inequality, Economics, Education, elites, Federal Election Commission, Gilded Age, Goldman Sachs, Oligarchy, Plutocracy, political corruption, Ted Cruz, Wage Stagnation, Wealth Concentration, Wealth Disparity
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The Erosion of the Middle Class — Why Americans Are Working Harder and Earning Less
By John Liberty Source: The Mind Unleashed “I don’t have to tell you things are bad. Everybody knows things are bad. It’s a depression. Everybody’s out of work or scared of losing their job. The dollar buys a nickel’s worth, … Continue reading
Posted in Corporate Crime, culture, Dystopia, Economics, elites, Empire, Financial Crisis, Health, Housing Crisis, Inequality, Labor, Neoliberalism, Oligarchy, Recession, Social Control, Social Engineering, society, Sociology, State Crime, Work
Tagged American Dream, Corporations, economic inequality, Economics, elites, financial crisis, healthcare, Income Disparity, Labor, Middle Class, Minimum Wage, Poverty, Power, recession, Wage Stagnation, Wages, Wealth Concentration, Wealth Gap, Welfare
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Desultory Heroics 