Michael Hudson asks: “In light of the enormous productivity gains since the end of World War II – and especially since 1980 – why isn’t everyone rich and enjoying the leisure economy that was promised?” The answer (per Hudson) is painfully obvious, but bears repeating (ad infinitum): What was applauded
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Politics and Entertainment: James K. Galbraith: Inequality and Instability
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Continue readingPop The Stack: What Are They So Angry About?
On October 15 the #occupywallstreet protests will arrive at cities around the world and in one of the birthplaces of the movement in downtown Vancouver. The Vancouver based magazine Adbusters actually inspired the protests that have been going on in New York. The decentralized nature of the protests has led to some
Continue readingPop The Stack: What Are They So Angry About?
On October 15 the #occupywallstreet protests will arrive at cities around the world and in one of the birthplaces of the movement in downtown Vancouver. The Vancouver based magazine Adbusters actually inspired the protests that have been going on in New York. The decentralized nature of the protests has led to some
Continue reading