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Stock Buybacks Stand in the Way of Biden’s Infrastructure Plan

President Biden’s $2 trillion infrastructure and climate proposal has a lot of people excited, and no wonder. Americans are sick of being stuck with frazzled electric grids, foul drinking water, falling bridges, far too many left out of prosperity, and feeling that the country’s global status is suffering. On March 31st, President Biden described his vision to carpenters at a training facility in Pittsburgh: “It’s going to...

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Meet the “New Koch Brothers” – the Hedge Fund Activists Wrecking America’s Green New Deal

Think the government should do more to deal with climate change? You’re not alone – so do most Americans, according to a 2020 Pew poll. With Biden in the White House and Democrats controlling Congress, plans to get moving on some form of a Green New Deal could finally emerge. The Texas blackout heightened the sense of urgency, and everybody’s talking about upgrading the power grid, renewable energy, and what it will take to...

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4 Charts Explain Why You Should Worry About the New U.K. Covid Strain

Last week, we updated you on the new fast-spreading U.K. variant of coronavirus and its potential impact on U.S. schools, given apparently higher transmission rates among young people. To recap: Phillip Alvelda, a former NASA & DARPA technologist and CEO of Brainworks, warned that more robust abatement measures and rapid testing would be required to get control of the variant if it began to spread in the U.S. The graph below...

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4 Burning Questions on the Global Vaccine Rollout

Mounting delays, technical glitches, scheduling snafus. Companies, countries, and coalitions jockeying for position. The vaccine rollout we’ve all been waiting for is underway, featuring sky-high stakes and mind-bending complexities that seasoned experts struggle to comprehend. Economist and business historian William Lazonick has spent a career studying how corporations function and analyzing their interaction with state and...

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Elaine Brown, Who Led Black Panthers, Sizes Up America’s Racial Reckoning

Elaine Brown, prison activist, writer, singer, and former chair of the Black Panther Party, has spent a lifetime taking on America’s oppressive systems of racism, capitalism, and sexism with fierceness and clarity. She recently joined Rob Johnson, president of the Institute for New Economic Thinking (INET), in a free-ranging podcast covering America’s current racial reckoning, her social justice work in Oakland, California, and...

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How America’s Economy Runs on Racism

Darrick Hamilton, a leading scholar on racial inequities, grew up in two worlds. He traveled back and forth from the working-class, predominantly black neighborhood of Bed-Stuy, still reeling from the crack epidemic, war on drugs, and the NYC austerity crisis of the ‘70s, to the Brooklyn Friends School, a private Quaker academy still mostly white at the time. This dual living experience enabled him to see the commonality of people...

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America’s Chilling Experiment in Human Sacrifice

“There is no wealth but life.” -- John Ruskin, Unto This Last (1860) A chilling experiment is underway in America, with plenty of unwilling human guinea pigs. Many parts of the country are reopening for business against the warnings of medical experts, flying in the face of grim predictions of sharply rising body counts. Two-thirds of Americans fear that the restart is happening too quickly, and the President himself...

  • Lynn Parramore
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  • Jeffrey L. Spear
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8 min read