Class Analysis

  • Austerity, US Style, Exposed

    originally appeared in Truthout.org

  • Income Inequality

        In the United States as in many other capitalist countries, recent decades have seen a growing distance between higher and lower personal incomes. Income inequality and poverty levels have risen. Occasionally defended as necessary, natural, and even desirable by some, most citizens have expressed more or less dismay and opposition to ever-greater personal income inequality. They see that inequality as helping to cause the severe global crisis since 2007. They believe that it strains the implicit social compacts holding contemporary capitalist societies together.
  • Revolution for Income Equality (blog)

      The transitions from feudalism and other pre-capitalist economic systems to modern capitalism have always and everywhere been celebrated for bringing a new epoch of human history. Freedom, democracy, and equality were the hallmarks of those celebrations. The French Revolution of 1789 raised the slogan of liberte, egalite, fraternite. The US has long celebrated its capitalism for producing a vast “middle class” that permanently overcame previous societies’ tendencies toward extreme inequalities of wealth and income.
  • What is behind the US fiscal cliff standoff?

    originally appeared on Al Jazeera's Inside Story

    The phrase 'fiscal cliff' invokes images of an economy spiralling to the bottom.

  • Fiscal Cliff Follies: Political Theater Distracts From Key Problems With the Fix

      orignally appeared in Truthout.org  

    Extremely unequal distributions of wealth and income continue to enable the richest and largest individuals and enterprises to manipulate the economy and control the political parties. The result is an economic structure disinterested in a democratically focused way out of crisis and decline.

  • Has Capitalism Proven Its Durability?

    originally appeared on Al Jazeera's Inside Story

    As unemployment in the US decreases and large companies expand their profit margins, has the capitalist system once and for all proven its ability to endure and adapt?

    The jobless rate in the US has dropped to its lowest level in four years. And the economy, which in 2008 appeared to be on the brink of collapse, is said to be recovering.  

  • What the next economy should look like, the value of growth, the intellectual property battles

    We’ll discuss what the next phase of the economy should look like after the recovery is over. We’ll debate the value of growth — whether raw economic growth is, in itself, a good thing, or whether a happy, sustainable future with broad prosperity for all is possible without constant growth. And we’ll examine the major battles in Silicon Valley over intellectual property, likely to be one of the bulwarks of the next economy.

    Joining Chris at 8 AM ET on MSNBC will be:

  • An Evening in Harlem

      Since 2006 our mission at Black Agenda Report has been to challenge the current crop of black political and cultural misleaders with a vision of a new black politics of struggle, one that takes into account class differences among blacks so as to confont the prison state, and deal with the many other oppressive aspects of everyday black life which our misleaders ignore.     On Friday, October 12 most of the Black Agenda Report team gathered at Harlem's historic Riverside Church to celebrate our sixth anniversary. We were joined by Dr.
  • Ghost of the New Deal Haunts Democrats' Agenda, but It's Time to Summon FDR

    The article first appeared on Truthout.org

    Obama and most Democrats are so dependent on contributions and support from business and the rich that they dare not discuss, let alone implement, the kinds of policies Roosevelt employed the last time US capitalism crashed.

  • Paul Krugman: Shame on You (Blog)

      Today’s New York Times column by Paul Krugman achieves a new low. "Good news" for workers? Wow. Maybe ignoring criticisms of Keynesian economics from the left all these years has made Krugman see no need to deal with them; after all his job now seems to be to attack the Republicans for Mr Obama's benefit.   Lets see; as important as having a job - and we are not yet even half way from the crisis peak of 10% unemployment back to the pre-crisis outrage of 5% unemployment - is what kind of job.

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