Neoliberalism and the Rise of the Net Social Wage

A new paper from PERI finds that there is a sizable deviation in net social wage data in the 21st century. The study’s author, Katherine A. Moos, examines possible causes-such as healthcare inflation and unemployment-and aims to explain why neoliberal governments would tolerate a growing discrepancy between labor benefits and taxation. See the paper here … More Neoliberalism and the Rise of the Net Social Wage

Reclaiming the Tax: Foregrounding the Public Covenant

By Maxximilian Seijo, a graduate student in the Humanities & Cultural Studies Department at the University of South Florida. On November 15th, 2017, Paul Ryan spoke on the House floor in support of the Foundations for Evidence-Based Policymaking Act. He said: I want to especially thank Senator Patty Murray for her willingness to work together … More Reclaiming the Tax: Foregrounding the Public Covenant

Why Stopping Tax “Reform” Won’t Stop Inequality

By Lance Taylor, Over the past four decades, American household incomes have become strikingly more unequal, along an unsustainable path. But as of late 2017, prospects for attacking inequality are bleak, whether or not the Republican-controlled U.S. Congress manages to pass a tax cut favoring businesses and high-income households. Fundamental changes in income and wealth … More Why Stopping Tax “Reform” Won’t Stop Inequality

The Rise of the American Bond-holding Class

By Sandy Brian Hager, The history of class conflict, power and inequality in the United States has always been intimately bound up with the public debt. Already during the War of Independence (1775-‘83), revolutionary forces accumulated debts of $54 million, and a difficult task for the first Secretary of the Treasury, Alexander Hamilton, was to … More The Rise of the American Bond-holding Class