Category: Economics/Class Relations

The Lawyers Who Ate California: Part II

By Matt Taibbi The Activision Case, and the beginning of Tesla. Taking a strategy imported from the Department of Labor, the DFEH launches a series of media-centric cases. The failure of the federal case against Oracle had wide-ranging repercussions. For one thing, the firm moved its headquarters out […]

‘Anybody that’s middle class and below, we’re screwed’: Housing costs rise at the fastest pace in decades — but some Americans are already feeling the brunt

By Emma Ockerman, Market Watch Damon Blanchard, a 46-year-old living in Columbus, Ohio, is unemployed but gets a biweekly workers’ compensation check worth about $686 after getting hurt on the job in a scrapyard three years ago, he said. Last year, an investment firm purchased the apartment complex […]

Elon Musk says Americans ‘are trying to avoid going to work at all,’ unlike Chinese workers who ‘will be burning the 3 a.m. oil’

By Dominick Reuter Elon Musk, the CEO of Tesla and SpaceX, said he expects China to produce “some very strong companies” because of the country’s workforce. “There’s just a lot of super-talented, hardworking people in China who strongly believe in manufacturing,” Musk said in an interview with the […]

Credit, and the End of the World

by Peter Zeihan on May 10, 2022 My fourth book, The End of the World Is Just the Beginning: Mapping the Collapse of Globalization is scheduled for release on June 14. In coming weeks we will be sharing graphics and excerpts, along with info on how to preorder. Add the extravagances […]