The more this contradiction develops, the more does it become evident that the growth of the forces of production can no longer be bound up with the appropriation of alien labour, but that the mass of workers must themselves appropriate their own surplus labour.  

Publications Moving forward Imagining a sustainable transport system By Anna Coote, Harry Ewart-Biggs 18 December 2024 Download the report This briefing paper...

Income inequality and the saving glut of the rich .[embedded content]

from Dean Baker I’m not one to generally tout the wisdom of the economics discipline, but it actually does offer some useful insights into the likely motive for the murder of Brian Thompson, the CEO of United Healthcare (UHC). According to media accounts, the suspect, Luigi Mangione, was angered by his own and others’ experiences being turned down when submitting claims for healthcare service. United and other insurers make a profit by restricting the claims they pay, so their profit...

[unable to retrieve full-text content]Real retail sales on the cusp of breaking out of their multi-year doldrums  – by New Deal democrat Consumption leads employment, and as I reiterated yesterday real per capita retail sales has a history as a long leading indicator. Which means that retail sales for November, which rose 0.7% nominally, continues its recent strong string […] The post Retail Real Sales appeared first on Angry Bear.

[unable to retrieve full-text content]Former Sen. Pat Toomey (R), represented the key state of Pennsylvania for 12 years in the Senate. He said he would not vote for former President Trump or Vice President Harris in the November 2024 election. (Psst, pre-November 2024 election commentary). I do not know if this person actually did not vote for either Trump or Kamala Harris. He […] The post Planned Tariffs, An Economy Argument with Political Implications appeared...

[unable to retrieve full-text content]The smirking faces of Elon Musk and Vivek Ramaswamy have joined the smirking face of Donald Trump in threatening to burn down government in order to save it. What they’re announcing sure sounds bad to me (eliminate a third of federal spending, including cuts to Social Security, Medicare and Medicaid). Over at eatingpolicy.com, Jennifer Pahlka […] The post Will DOGE be an exercise in futility? appeared first on Angry Bear.

[unable to retrieve full-text content]UnitedHealthcare posted profits of $22 billion in 2023, as many Americans struggle to afford the medical care they need. Witty reportedly took home $23.5 million that same year, while Thompson got over $10 million. Yes, United Healthcare is profitable. At whose expense? Delay, Deny, and Defend is a violation of consumer reliance on their insurance companies as written by […] The post The spider’s web called Healthcare...

[unable to retrieve full-text content]So, what are nepo babies or nepotism babies? The second name gives the meaning away. A person who gains success or opportunities through familial connections. Especially a child of a famous parent (such as an actor, musician, entrepreneur, or politician), Merriam Webster. Some Examples. There are tax implications benefiting them as explained by Common Dreams author Julia […] The post Funding Public Goods Problematic??? Blame the...

Let’s face it: France will not emerge from its current political crisis by inventing a new central coalition. The idea that the country should be governed by bringing together all the so-called « reasonable » parties, from the center-left to the center-right, from the Parti Socialiste (PS) to Les Républicains (LR), excluding the « extremes » – La France Insoumise (LFI) on the left and the Rassemblement National (RN) on the right – is a dangerous illusion, which will only lead to further...