Most of the data and other information in this article are from a piece called “Davos and the Melting World Economy” in Michael Roberts’s blog. Link to it here. The global One Percent and the world’s major political power brokers meet annually in the luxury ski resort...
Recently Shawn Fain, the president of the UAW (United Auto Workers) union, announced that the UAW would support Joe Biden for President. The UAW waited to join the early endorsement of Biden that other unions made last year such as ATU, SEIU and AFSCME, who all...
The Big Three Auto companies, Ford, GM, and Stellantis (which owns Jeep, Ram, and Chrysler), have announced plans to lay off nearly 10,000 workers throughout the winter and spring. The companies say many of the layoffs will be temporary, just part of the restructuring...
The California State University (CSU) system found itself in a clash with the California Faculty Association (CFA), representing a diverse body of 28,000 faculty employees, including tenure-track and lecturers, counselors, librarians, and coaches. On January 22, the...
Last November, 55 percent of Argentinian voters elected the far-right “anarcho-capitalist” economist Javier Milei as president. Milei ran on a platform promising extreme measures to supposedly “fix” Argentina’s economy. The country has experienced record inflation,...
