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Three significant global economic trends have begun to intensify and converge in recent months
Jack Rasmus
Dr. Jack Rasmus, Ph.D Political Economy, teaches economics at St. Mary’s College in California. He is the author and producer of the various nonfiction and fictional workers, including the books The Scourge of Neoliberalism: US Economic Policy From Reagan to Bush, Clarity Press, October 2019. Jack is the host of the weekly radio show, Alternative Visions, on the Progressive Radio Network, and a journalist writing on economic, political and labor issues for various magazines, including European Financial Review, World Financial Review, World Review of Political Economy, ‘Z‘ magazine, and others.
Why the global economic crisis that emerged in 2007-08 may now be entering a ‘3rd Phase’
The evolution of the Fed
During the last eight years under Ben Bernanke’s tutelage, the Fed performed its primary function and bailed out the banking system
Income inequality in the US is no accident. It has conscious, deliberate origins, to be found in the policy initiatives of corporate America since the late 1970s
It may appear the jobs picture is not as bad as it actually is in fact—when the raw data will show otherwise
This past weekend, more than 30,000 union workers at Boeing Corp. in Seattle, were forced to accept deep concessions in their union contract
Pentagon & military corps win; workers, retirees, vets, & unemployed lose
In parts 1 and 2 of this series on how US corporations have succeeded in avoiding paying taxes, the focus has been…
In a contribution last week, it was shown how Corporate Taxes in America have been in decline now for more than three…