Blog

Capitalism

Nordic Social Democracy Is Good for Everybody Except the…

Thanks to social democratic policies, the bottom 60 percent of Danes are better off than the bottom 60 percent of Americans. Even middle-class Danes benefit from a strong welfare state. The only group that doesn’t? The rich. Comparing incomes across countries poses certain difficulties: incomes are paid in different currencies, products have different prices, tax

Media

What’s really wrong with the mainstream media

Robert Reich – From favoring the status quo to indulging in false equivalence, the mainstream media engages in subtle, persistent biases. That’s why I read the Guardian. I’m often asked how I keep up with the news. Obviously, I avoid the unhinged rightwing outlets pushing misinformation, disinformation and poisonous lies. But I’ve also grown wary

Capitalism

20-Year Study Shows Trickle-Down Is a Myth, Inequality Rampant

Inequality has remained persistently high for decades, and a new report shows just how stark the divide is between the richest and poorest people on the planet. Insider reports:The 2022 World Inequality Report, a huge undertaking coordinated by economic and inequality experts Lucas Chancel, Thomas Piketty, Emmanuel Saez, and Gabriel Zucman, was the product of four years

Corporate Greed

Six Things You’re Not Hearing About Inflation

The current conversation about inflation serves corporate interests. nflation is punching far above its weight in the minds of Americans immersed in louder and louder media alarms about rising prices — often stripped of any context or policy prescriptions that might complicate the narrative, embarrass the rich, or spotlight the predatory business practices of wildly