Capitalism
The scariest thing about Don’t Look Up is that as absurd as it is, it barely exaggerates. Much of our political elite are just as greedy and foolish, our media just as vapid, and our response to impending disaster exactly as mind-bogglingly irrational as in the movie. The times we live in are both shot through with
Capitalism
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
Capitalism
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
Capitalism
Dozens of printers across the internet are printing out a manifesto that encourages workers to discuss their pay with coworkers, and pressure their employers. Someone or multiple people are blasting “antiwork” manifestos to receipt printers at businesses around the world, according to people who claim to have seen the printed manifesto, dozens of posts on
Capitalism
Neoliberals say that inflation is directly caused by high social spending and good wages, and that working-class people must sacrifice these to bring prices down. But there are other causes of inflation, and solutions to it that don’t pit us against ourselves. Defining inflation is easy. Inflation is when prices go up. But explaining what
Capitalism
Tucker Carlson likes to style himself a populist. But every time there’s a fight over something that might actually make life easier for working-class people, he never misses the opportunity to take the side of big business and the rich. Watching Carlson’s show means wading through an ocean of passionate, angry screeds taking aim at