Economy

Biden and McCarthy sitting in chairs in the Oval Office

Next Time, Dammit, Just Default Next Time, Dammit, Just Default

Democrats feared a monster called “default”—but it’s just another Washington scare story.

Jun 9, 2023 / James K. Galbraith for The Nation

Robert DeNiro and Martin Scorcese on the set of

Raging Bullshit: Credits and the Hollywood Economy Raging Bullshit: Credits and the Hollywood Economy

The Max streaming platform debuted a credit system that obscures the actual work done by film writers and other creative workers. 

Jun 8, 2023 / Ben Schwartz

A sign on a bodega in Brooklyn reads,

The Racist, Insulting Resurgence of Work Requirements The Racist, Insulting Resurgence of Work Requirements

Work requirements expose the nasty underbelly of the vaunted American work ethic. We would rather the poor starve than risk that they might spend less time on the job.

Jun 8, 2023 / Bryce Covert

Car Dealers Versus Electric Vehicles

Car Dealers Versus Electric Vehicles Car Dealers Versus Electric Vehicles

On this episode of The Time of Monsters, Alexander Sammon on the political power of a reactionary car cartel.

Jun 7, 2023 / Podcast / Jeet Heer

A comparison of an original and deepfake video of Facebook CEO Mark Zuckerberg.

AI Doesn’t Pose an Existential Risk—but Silicon Valley Does AI Doesn’t Pose an Existential Risk—but Silicon Valley Does

The warning cries about the alleged dangers of AI is drowning out stories about the harms already occurring.

Jun 7, 2023 / Edward Ongweso Jr.

Student loan borrowers and advocates gather for the People's Rally to Cancel Student Debt during the Supreme Court hearings on Student Debt Relief on February 28, 2023, in Washington, D.C.

Congress Is Sticking Students With the Check Congress Is Sticking Students With the Check

The recent debt agreement will abolish the pandemic-era pause on student debt repayments—hitting the youngest generation of voters the hardest.

Jun 6, 2023 / Chris Lehmann

Chris Licht, Chairman and CEO, CNN Worldwide, speaks onstage

How CNN Went From Bad to Worse How CNN Went From Bad to Worse

Chris Licht’s disastrous reign is governed by reactionary centrism.

Jun 5, 2023 / Jeet Heer

The US Capitol in Washington, DC, US, on Friday, June 2, 2023. The Senate passed legislation to suspend the US debt ceiling and impose restraints on government spending through the 2024 election, ending a drama that threatened a global financial crisis. Photographer: Nathan Howard/Bloomberg via Getty Images

Once More, the Washington Debt Ceiling Ritual Ends in a Lousy Deal Once More, the Washington Debt Ceiling Ritual Ends in a Lousy Deal

What cuts there are come in all the wrong places.

Jun 5, 2023 / Katrina vanden Heuvel

Urban sprawl, Las Vegas, Nev.

The Case Against Homeownership The Case Against Homeownership

Instead of perpetuating the Ponzi scheme of private property for some, we should be demanding economic security for all.

Jun 5, 2023 / Jane Chung

WASHINGTON, DC - OCTOBER 07: United States Supreme Court Associate Justice Samuel Alito poses for an official portrait at the East Conference Room of the Supreme Court building on October 7, 2022 in Washington, DC. The Supreme Court has begun a new term after Associate Justice Ketanji Brown Jackson was officially added to the bench in September.

Don’t Reform the Courts. Disempower Them. Don’t Reform the Courts. Disempower Them.

The Supreme Court’s extreme anti-worker decision calls for a radical response.

Jun 2, 2023 / Jeet Heer

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