Source: ‘Catastrophe’ Feared as 35 Million People Are Set to Lose Jobless Aid in 3 Days | Common Dreams News
Tag: economy
Universal Child Care Could Revolutionize the Economy – In These Times
The pandemic has exposed the utter lack of support for working parents. Universal child care is a completely workable solution.
Source: Universal Child Care Could Revolutionize the Economy – In These Times
Why Do We Eat Bad Food?
Mark Bittman’s new history looks at the economy and politics of junk food.
Amazonification Is the Future of Capitalism
Interview with Jake Alimahomed-Wilson, coeditor of The Cost of Free Shipping: Amazon in the Global Economy
Source: Amazonification Is the Future of Capitalism | Left Voice
The nightmare Joe Biden could inherit
Clean Electricity Plan Would Free US Economy of Carbon Dependence in 15 Years
A new engineering plan to avert the climate emergency would create millions of new jobs and save U.S. families money.
Source: Clean Electricity Plan Would Free US Economy of Carbon Dependence in 15 Years
Paul Krugman says he’s done the math — and the risk Trump and McConnell pose to the economy is ‘terrifying’
Very much a student of New Deal economics, New York Times columnist Paul Krugman has often stressed that helping the unemployed during an economic downturn not only helps those who are out of work — it also benefits the economy on the whole. Krugman made that point many times during the Great Recess
The U.S. Health Care System Is Designed To Fail When It’s Needed Most
The American health care system leaves us all vulnerable to massive costs and uneven access, even under the best of circumstances. But when the economy goes south, things get really awful.
Source: The U.S. Health Care System Is Designed To Fail When It’s Needed Most | Portside
System Change: A Basic Primer to the Solidarity Economy
The COVID-19 pandemic has upended our world. It has laid bare the inequity, the limits, and the failures of capitalism. The door to a better future beyond capitalism, already cracked open by the Great Recession, has been pushed open a little wider.
Source: System Change: A Basic Primer to the Solidarity Economy | Portside
What Lies Ahead
Through mid-June to mid-July, the COVID-19 infection rate, hospitalization rate, and soon the death rate, have all begun to escalate once again. Daily infections consistently now exceed 60,000 cases—i.e. more than twice that of the earlier worst month of April 2020. Consequently, states are beginning to order a return to more sheltering in place and shutdowns of business, especially retail, travel, and entertainment services. The direction of events cannot but hamper any initial rebound of the economy, let alone generate a sustained economic recovery. Exacerbating conditions, a second wave of job layoffs is clearly now emerging—and not just due to economic shutdowns related to the resurging virus. More
