Category Archives: The destruction of the middle class

Senators Press for Expanded Probe of FEMA Hurricane Maria Puerto Rico Relief Efforts

Senators Warren, Sanders, Blumenthal, and Durbin, has asked the DHS IG to expand an investigation into misallocation of funds budgeted for repair of hurricane-damaged homes and profit-skimming in Puerto Rico


Criticizing the “Free Trade Delusion”: Havana Charter’s Progressive Trade Vision Subverted

UNCTAD’s latest World Development Report criticises the free trade delusion. This short post considers the trade alternative put forward seventy years ago in the Havana Charter — one that was neither nationalist nor neoliberal.


Don Quijones: Wall Street Mega-Landlord Blackstone Turns Screw on Spanish Government & Property Market

Blackstone is a major operator in the Spanish property market. This post discusses the Spanish government’s plans to enact modest protections for tenants by reforming rent laws. Will the government respond to tenant needs, or give way to the private equity firm’s implicit threat to reduce its Spanish property investments? Alas, it looks likely that the government will fail to deliver on its reform pledge.