A recent Gallup poll shows that democrats overwhelmingly favor socialism over capitalism, 57% to 47%. We’re apparently in the midst of a national epidemic – an unprecedented case of mass psychosis where roughly half the nation seems to be in complete and total denial of how we all got here.[…] Read On
Everyone’s losing their shit over Trump’s tariffs. The threat of trade war and decline in international trade have economists, pundits and politicians on both sides of the isle worried. The question is, are we really seeing the beginning of the end of a quarter century of globalization? Is protectionism really ascendent?[…] Read On
Nobody would argue that fear-mongering headlines based on selective data have all but taken over the click-hungry media. The more red meat for the social media mobs, the better. What about the sacrosanct notion of income inequality — that the rich are getting richer and the poor are getting poorer?[…] Read On
“As we are unlikely to see an immediate end to capitalism tomorrow, DSA fights for reforms today that will weaken the power of corporations and increase the power of working people.” – Democratic Socialists of America There’s a lot of talk about overthrowing the status quo these days. The topics[…] Read On
Contrary to the cacophony of calls to break up Facebook, Google and Amazon, there’s nothing about being big, dominant, powerful or even a monopoly that goes afoul of U.S. antitrust law. That’s all perfectly legal, as it should be. We want to incentivize companies to grow big and gain market[…] Read On
Every year around this time we’re treated to the same eyeball catching headlines about the stubborn persistence of the gender pay gap. The Obama White House had an entire website decrying how “women are still paid less than men,” 77 cents on every dollar, according to the Census Bureau. Indeed,[…] Read On
I wrote the following column right after Donald Trump won the 2016 election. He’s met many of his campaign promises in a relatively short time but, in my view, has a long way to go to MAGA. What do you think? Some say Donald Trump made too many campaign promises.[…] Read On