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Tag Archives: Wages
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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The Unraveling Quickens
By Charles Hugh Smith Source: Of Two Minds Even if we don’t measure the erosion of intangible capital, the social and political consequences of this impoverishment are manifesting in all sorts of ways. The central thesis of my new book … Continue reading
Posted in Corporate Crime, culture, Economics, elites, Financial Crisis, Inequality, Neoliberalism, Recession, Social Engineering, society, State Crime
Tagged 1%, culture, economic inequality, Economics, elites, financial crisis, Financialization, income gap, Inflation, Over-speculation, Precariat, recession, social disorder, society, Wages, Wealth, 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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Will Robots Take Your Job?
By Nick Srnicek and Alex Williams Source: ROAR In recent months, a range of studies has warned of an imminent job apocalypse. The most famous of these—a study from Oxford—suggests that up to 47 percent of US jobs are at … Continue reading
Posted in culture, Dystopia, Economics, Financial Crisis, Labor, Neoliberalism, Recession, Social Control, society, Sociology, Technology, war
Tagged automation, capitalism, Economics, Jobs, Labor, Mass Unemployment, Precarity, Productivity, Robotics, Robots, Silicon Valley, technology, UBI, unemployment, Universal Basic Income, Wages, Work
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In a highly indebted world, austerity is a permanent state of affairs
By Mark Blyth Source: Aeon By 2010, everyone had heard the ‘austerity’ rallying cry. Immediately following the 2008 financial crisis, especially in Europe, it resounded: ‘Stimulate no more, now is the time for all to tighten!’ And tighten governments did, … Continue reading
Posted in Corporate Crime, Corruption, culture, Dystopia, Economics, Financial Crisis, History, Labor, Neoliberalism, Recession, Social Control, Social Engineering, society, State Crime, Work
Tagged austerity, Bailouts, Debt, Economics, EU, financial crisis, Globalization, Greece, IMF, Neoliberalism, Precariat, recession, Wages
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Mainstream Economics Warns Out-of-Control Inequality Harms the Economy…But Corrupt Government Policy Keeps Increasing Inequality
Who’s Who of Prominent Economists Agree: Inequality Harms Economic Growth By WashingtonsBlog A who’s who of prominent liberal and conservative economists in government and academia have now said that runaway inequality harms economic growth, including: Current Fed chair Janet Yellen … Continue reading
Posted in Activism, consciousness, Corporate Crime, culture, Economics, Financial Crisis, History, Labor, Recession, Social Control, society, Uncategorized, Work
Tagged Capital Gains, Class Warfare, Economic Collapse, Economic Growth, economic inequality, Government Corruption, Outsourcing, unemployment, Wages, wall street, WashingtonsBlog, Wealth Disparity, Wealth Divide, Wealth Gap
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Desultory Heroics 