Economy Archives - Page 5 of 18

Corporations

The High Cost of Cheap Corporate Utilities

Discounted energy is a backdoor subsidy

March 30, 2023 • by Pat Garofalo

Make any utility discounts for “economic development” transparent and debatable before public bodies, if they have to be allowed at all...

The High Cost of Cheap Corporate Utilities

Corporations

Job Creation by Merger Is for Suckers

JetBlue’s possible acquisition of Spirit may lead to job losses

March 27, 2023 • by Pat Garofalo

The history here...is clear: mergers kill jobs....

Corporations

Camden Got Answers—And They Revealed A Lot

So much money for big corporations, not many jobs for local residents

March 9, 2023 • by Pat Garofalo

disclosure can be a powerful tool for uncovering exactly how flawed particular subsidy deals really are. We never would have known how few local residents these heavily subsidized corporations were hiring without a committed group of activists using the available legal tools to implement a new disclosure regime....

Camden Got Answers—And They Revealed A Lot

Economy

Statistics as a Form of Knowledge

An excerpt from Quentin Bruneau’s States and the Masters of Capital

March 1, 2023 • by Quentin Bruneau

An excerpt from Quentin Bruneau's States and the Masters of Capital...

Finance

History Rhymes

As history’s pendulum swings back, the problems and promises of globalization’s fragmented frameworks become almost too evident

February 22, 2023 • by Rana Foroohar

The neoliberal thinking that has defined globalization in the West since the eighties decrees that state involvement in the economy is verboten-but that’s actually antithetical to America’s origins....

Corporations

The Car Rental Sales Tax Swap Scam

Car rental corporate consolidation, funded by you

February 21, 2023 • by Pat Garofalo

Big car rental corporations did a very good job sweeping across the country collecting what is a massive backdoor tax subsidy on the purchase of their main business asset....

Corporations

“The Commonwealth of Amazon”

Amazon Web Services holds about 40 percent of the cloud computing market

January 26, 2023 • by Pat Garofalo

As one Virginia resident put it, “Northern Virginia is being overwhelmed by these things. … We may as well start calling ourselves the Commonwealth of Amazon.”...

Corporations

Non-Competes, Banned

The FTC took the first step, now states need to follow up

January 23, 2023 • by Pat Garofalo

Getting rid of non-competes is a big deal and is a big win for economic freedom for all workers...

Economy

How Sanctions Contributed to Venezuela’s Economic Collapse

Despite claims that they targeted the Maduro regime, sanctions had indiscriminate effects on the country

January 17, 2023 • by Francisco Rodríguez

This essay was originally published by The Global Americans and is reprinted with permission During the past decade, Venezuela lived through the largest economic contraction documented in the history of the Western Hemisphere. The implosion took place at the same time as the U.S. government barred oil purchases, froze government bank ...

How Sanctions Contributed to Venezuela’s Economic Collapse

Economy

Why We Should Worry about Inequality

And why we should take seriously Plato and John Stuart Mill

January 11, 2023 • by David Lay Williams

Plato and Mill respectively propose a variety of measures to achieve their desired degree of economic equality (not precise equality in either case), though both agree (1) that inheritance taxes should play a significant role, and (2) that this equality should be achieved incrementally, rather than all at once, to ...

Finance

Austerity, Then and Now

An excerpt from The Capital Order: How Economists Invented Austerity and Paved the Way to Fascism

January 9, 2023 • by Clara Mattei

Part of what makes austerity so effective as a set of policies is that it packages itself in the language of honest, hardscrabble economics. Vague sentiments such as “hard work” and “thrift” are hardly novel; they have been extolled by economists since the days of Adam Smith, David Ricardo, and ...

Corporations

Election Day 2022: Good (and Some Bad) News for State Corporate Power Politics

Big tech antagonists did well, but so did megadeal boosters

November 14, 2022 • by Pat Garofalo

Big Tech antagonists won big in attorneys general races. So did all of the governors who have been promoting major corporate subsidy deals in recent months won their reelection races, lending more evidence to the already existing heap of it that massive corporate handouts can be potent political tools....