Top Menu

Archive | Newswire

The Increasingly Impossible Middle Class

The increasingly impossible middle class

IN 2010 THE Commerce Department prepared data for the Obama administration’s Middle Class Task Force, headed by Vice President Joe Biden. Sidestepping knotty problems–see below–of just who was middle class, part of their study proposed a host of expectations that a middle class family would hold.

Continue Reading
Economic theories and systems

Economic theories and systems

In the previous chapter, we saw that Marxian economics represents a two-fold critique: a critique of mainstream economic theory and a critique of capitalism, the economic and social system celebrated by mainstream economists.

Continue Reading
Images of more than 100 doctors who have died during the pandemic are displayed outside the Medical College of Peru PHOTO: AFP

Peru’s COVID-19 crisis

Strikes and demonstrations are on the rise across Peru, as the government’s COVID-19 response has resulted in the country bearing the highest per capita infection rate and death toll in the world.

Continue Reading