Secrecy is at the heart of capitalism
Dark money, shell corporations, 501(c)(4) funding (U.S. nonprofit groups that don’t have to disclose donors), Super PAC money, and many more terms describe the tsunami […]
Capitalism
Industrial Food and Econ 101 – the case of externalities
Externalities – the language of Econ 101 What are externalities? Defined in two widely used textbooks: “An externality occurs when some of the costs or […]
An Update: the $79 Trillion Heist
The scale of income transfers from the bottom 90% to the top 10% over the past 50 years just got larger! I have written at […]
Insecurities for the Bottom 90% of the US Population – part 5 – Education
Education Education has long been a central American value and seen as a key to improving one’s position in life. Parents struggle to find and […]
Fire Engines, Monopolies, & Private Equity
The New York Times published a lengthy report on 2.17.2025, “As Wall Street Chases Profits, Fire Departments Have Paid the Price – Fire engine manufacturing […]
Insecurities for the Bottom 90% of the US Population – part 4 – Food
This is part of the series on the insecurities produced by American capitalism for most Americans. Food Food Insecurity The US Dept. of Agriculture reports […]
The Need for Class Warfare
The media, including here at Substack, has been filled with bleatings about the Democratic Party’s whipping at the hands of Trump and his billionaires. There […]
Insecurities for the Bottom 90% of the US Population – part 3 – Housing
This is part of the series on the insecurities produced by American capitalism for most Americans Housing Insecurity Housing is a basic human necessity. Questions […]
Financialization and going off the rails with Norfolk Southern
Financialization is an awful word. It sounds clumsy in the mouth and refers to a process that has been underway for over 40 years but […]
Insecurities for the Bottom 90% of the US Population – part 2 – Jobs
This is part of the series on the insecurities produced by American capitalism for most Americans The Insecurities of Jobs Employment insecurity is the first […]