Political Economy

Political Economy vs. Federal Fairy Tales

American Institute for Economic Research, March 29, 2021 Political Economy vs. Federal Fairy Tales by James Bovard “Build Back Better” is the motto for President Biden’s ambitious plans to remake much of the American economy and society. On Wednesday in Pittsburgh, Biden will reveal his plans for trillions of dollars of new spending for infrastructure […]
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As World Burns, Half US Population Chronically Ill . . .

Stealing Life with the Big Bad Retail King — One-third of All Buying Transactions 

Good name in man and woman, dear my lord,
Is the immediate jewel of their souls.
Who steals my purse steals trash; ’tis something, nothing;
‘Twas mine, ’tis his, and has been slave to thousands;
But he that filches from me my good name
Robs me of that which not enriches him,
And makes me poor indeed.
— Iago, Shakespeare’s Othello

The History of the Workers’ Unemployment Insurance Bill

At a time when the American population is radicalizing, when popular movements are coalescing around “radical” demands—Medicare for All, the abolition of ICE, tuition-free college, in general the demand to make society livable for everyone—it can be useful to draw collective inspiration from the past. Irruptions of the popular will have on innumerable occasions reshaped history, remade the terrain of class struggle such that the ruling class was, at least for a moment, thrown on the defensive and forced to retreat.