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Author Archive | Martin Hart-Landsberg

Korea at the 2018 Winter Olympics

North Korea in the age of Trump

On January 23, Hyun Lee, the managing editor of ZoominKorea, and I spoke at a UCLA Center for Korean Studies sponsored event titled “North Korea in the Age of Trump.” I went first, offering a critical perspective on U.S. foreign policy towards Korea, North and South. Hyun Lee then talked about the importance of Science […]

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Economic troubles

Signs of economic trouble ahead

The current expansion has gone on for 102 months. Only the expansions from March 1991 to March 2001 (120 months) and from February 1961 to December 1969 (106 months) are longer. Unfortunately, growth during this expansion has been slow and the gains have largely gone to a very few. And there are signs of economic […]

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Median household wealth by race

Class, race, and U.S. wealth inequality

People tend to have a distorted picture of U.S. capitalism’s operation, believing that the great majority of Americans are doing well, benefiting from the system’s long-term growth and profit generation. Unfortunately, this is not true. Median wealth has been declining, leaving growing numbers of working people increasingly vulnerable to the ups and downs of economic […]

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Strike

Taxes, inequality, and class power

No doubt about it, the recently passed tax bill is terrible for working people.  But as Lance Taylor states in a blog post titled “Why Stopping Tax ‘Reform’ Won’t Stop Inequality”: “Inequality isn’t driven by taxes—its driven by the power of capital in relation to workers.”  Said differently we need to concentrate our efforts on […]

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