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 […]
Author Archive | Martin Hart-Landsberg
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 […]
A recently published paper by three Yale scholars reveals “that Americans, on average, systematically overestimate the extent to which society has progressed toward racial economic equality, driven largely by overestimates of current racial equality.”
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 […]
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 […]
Martin Hart-Landsberg takes a look at the tragedy of what life is like for the working class. Allowing for us to directly see what we already know, that US capitalism works to enrich the few at the expense of the many.
Tensions between the US and North Korea are again rising in the wake of North Korea’s November 28th test of an ICBM that experts believe has the potential to deliver a nuclear bomb to cities on the east coast of the US, including Washington D.C.
The North American Free Trade Agreement (NAFTA) is unpopular with many working people in the United States, who correctly blame it for encouraging capital flight, job losses, deindustrialization, and wage suppression.
Powerful corporations and the rich in the United States continue their winning ways. By narrow margins, both the House of Representatives and Senate have agreed on a budget proposal that calls for an increase in the federal deficit of $1.5 trillion dollars in order to fund a major reform of the U.S. tax system that […]
It is an understatement to say that relations between the US and North Korea are very tense—the US government continues to threaten to further tighten economic sanctions on North Korea and launch a military attack to destroy the country’s missiles and nuclear weapons infrastructure. And the North for its part has said it would respond […]
The media likes to frame the limits of political struggle as between the Democratic and Republican parties, as if each side upholds a radically different political vision.
Conservative forces, organized by infamous groups like ALEC (American Legislative Exchange Council), are using their influence in state legislatures to pass preemption laws. The purpose is to stop, and even roll back, the gains of progressive local coalitions by usurping the authority of city governments, thereby rendering popular strategies, like ballot and elected official vote […]
The typical working-class family would need an additional $91K+ per year in New York City just to break even on a reasonable standard of living.
There are strong reasons to expect a recession within the next year or so. And it will likely hit an increasingly vulnerable working class hard.
Worker organizing and workplace struggles for change need to be encouraged and supported. A recent Pew Research Center survey showed growing support for unions, especially among younger workers. It is not hard to understand why.