By Arun Gupta (March 23, 2020) I wrote this days ago saying an economic contraction of 10% or more and an unemployment rate of 20%. Only now are investment banks worth hundreds of billions of dollars considering we are in a depression. I haven’t seen anyone acknowledge what is obvious: The same economic denialism is ..
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By Joe Lowndes (March 21, 2020) Tucker Carlson is being cheered by some liberals for calling out NC Sen. Richard Burr for insider trading. Burr should be investigated for this, to be sure. But this is consistent with Carlson’s right-wing nationalism more generally – just as it was Pat Buchanan’s before him. However, it will ..
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By Mark Naison (July 26, 2018) Those who think that the low official unemployment rate signals a return to prosperity for working class and middle class Americans or that it guarantees Donald Trump’s re-election in 2020 are not seeing what I am seeing on the ground. In the working class neighborhood of Eastern Long Island ..
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  Alexander Riccio is a labor organizer based in Corvallis, Oregon. He co-hosts the podcast LabourWave Revolution Radio and is currently collaborating with the Common Space Collective on a project to revive the commons in the Willamette Valley.   What are the sorts of experiences that led you to become a union organizer? I am asked ..
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By Arun Gupta (February 10, 2018) If you care about what’s happening in the financial markets, now is the time to panic. But then again, if you care, you are probably in the top 10% in terms of wealth in America as they own 84% of the stock. On Monday, I shrugged at the 4% ..
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By Arun Gupta (February 6, 2018) If you are hoping capitalism is going to implode because the markets tanked today, don’t hold your breath. The drop on Monday, February 5, in percentage terms was far from historic. If you look at the first picture, a six-month chart of the Dow Jones Industrial Average, it looks ..
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