When so-called free marketeers try to defend bosses’ pay, they do the cause of free markets a huge disservice by encouraging people to equate free markets with what is in effect a rigged system whereby bosses enrich themselves with no obvious benefit to the rest of us.Read more
The crazy greed of business enterprises to earn profit has turned the human species from Homo sapiens to the slavery status of Homo employees, whose lives mean nothing more than a bare survival.Read more
“Time theft” is an ongoing problem of contemporary capitalism, both within the dictatorship of the workplace and in the seeming democracy of our lives outside of work.
Economist David Ruccio responds to Elizabeth Anderson and her recent article for Vox about workplace dictatorship.
The largest study comparing worker cooperatives to normal companies shows that cooperatives are more productive.Read more
This week: Updates on United Airlines' flier abuse, Cuomo's flawed "free college" plan, what to do as self-drive vehicles end millions of jobs, and big investors plan to cash in on Trump infrastructure plans...Read more
Treasury Secretary Steve Mnuchin may not be worried, but we should be. Workers will continue to suffer unless and until they have a say in how robots and the resulting surplus are utilized.Read more
The earlier Women’s Movement did not usually engage broad economic issues. It focused more on problems of women versus men. Only by addressing class barriers to women’s inclusion in the labor force and the barriers to men’s full participation in the family can we address the pay differentials between women’s and men’s paid work as well as women’s greater freedom to pursue careers.Read more
An interview with racial justice and labor activist Bill Fletcher Jr. on the phenomenon of right-wing populism, and what it means for an anti-racist left.Read more
Inequality in the United States is rising because people are paying more to work. When people pay more to work, the share of national income that goes to the top 0.1% increases. The solution does not lie in a global tax on wealth but rather in workers not paying to work.Read more