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As Boeing cracks, is it capitalism or Kafka?
Astronauts Suni Williams and Butch Wilmore are not trapped in space, according to Boeing. The two expected to return to Earth from an eight-day mission on June 18.
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Stop stock buybacks!
On December 7, 2022, Southwest Airlines announced that it would reinstate its quarterly dividend payments, which had been legislatively suspended under requirements in the Coronavirus Aid, Relief, and Economic Security Act (CARES Act).
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Essential—and expendable—Mexican labor
Lear Corporation—one of the world’s largest auto parts manufacturers—rose to position 148 on Fortune magazine’s famous list of the 500 largest firms in 2018. It operates with roughly 148,000 workers spread across 261 locations.
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Social crises, crises of Democracy, neoliberalism in crisis
The current global social tensions have in common the rejection of inequality and the loss of democratic control. The engine driving these challenges may well be the fading relevance of neoliberalism, which is aggravating its own crisis and opening the door to confrontation.
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Traditional measures of unemployment are missing the mark
We’ve heard it countless times in recent media accounts: The economy is at “full employment.” The most recent jobs numbers, out the first week in May, show the official unemployment rate, and applications for unemployment benefits are at a 50-year low. The last time a recovery was able to push the unemployment rate to these […]