Revised Introduction
The introduction to the book has been substantially revised to make it clear that the book is examining the changes in American life over the past fifty years. Read the new Introduction here.
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Wealth Concentration in the US – more of the same
October 2024 The US Congressional Budget Office has updated it findings on wealth inequality. Since 1989 the top 10%’s share of wealth has increased from 56.5% to 60.1% in 2022. As usual the top 1% […]
Record Breaking Lobbying Spending
The rich and corporations are on a path to set a new record for the amount of money spent in Washington on lobbying. The total spending for 2024 is poredicted to reach $4.2 billion. No […]
Update: Steward Healthcare System in bankruptcy
Uncovering Capitalism – the actual Workings (forthcoming) includes a brief case study of the impacts of private equity strategies on this hospital chain, “A Brief Private Equity Case Study from Healthcare” in Chapter 6. Using […]
New Title – Uncovering Capitalism – the actual workings
The old title, Capitalism – the actual workings, has been retired in favor of this:
Early Spring 2024 Update
Changes on the home front have delayed getting the final draft completed. Karen and I are moving to West Palm Beach, FL, to a condo just a few blocks from our daughter. This is forcing […]
Elon Musk, $50 billion, and Financialization – from production to extraction
Much is being made of a Delaware court blocking Musk’s $50 billion compensation contract. See the reporting in the NYTimes: Elon Musk’s Tesla Pay Package Is Voided by Judge. The court found that the compensation […]
Three charts that define the last 45 years in the US
Its the time of year for summations, usually for just the previous year. My selection of charts explains much of the past 45 years for the rich, middle-class, and poor in America. The Great Divide […]
My Year End Siege of Angers – the list –the rerun
Last year, at about this time, I tapped away at the list below. In recent days I returned to the question of a new Siege of Angers. I came up with little new and found […]
Briefly Noted – The Deficit Myth: The Biggest Lie In Politics | 1Dime
This video from 1Dime is a very good introduction to the actual workings of money in the economy. Though for my tastes, the video is burdened with way too many gratuitous visual gimmicks and fluffery, […]