The power of big business needs to be confronted. But the solution to big business isn’t small business — it’s democratic socialism.
Matt Bruenig is the founder of People's Policy Project.
The frenzied warnings of impending mass inflation are completely overblown. The inflation we’ve seen has been limited to a few specific items — and putting the brakes on the economy now would hammer the working class.
There’s a lot of talk these days about labor shortages and workers unwilling to work because unemployment benefits are too high. Ignore the hand-wringing: it’s a very good thing if workers have the freedom to say no to low-paying, dehumanizing jobs.
The House just passed a stimulus bill that breaks the 25-year bipartisan consensus that the very poor shouldn’t be eligible for cash benefits. It’s a watershed moment — and we should build on it by turning the US welfare state into a poverty-fighting machine.
Despite branding himself as a fresh “pro-worker” conservative, former Mitt Romney adviser Oren Cass believes that excluding poor children from key social welfare benefits is good and we should do more of it. It’s conservative, all right — but the furthest thing from “pro-worker.”
Our child benefit system is bizarre and overcomplicated, Matt Bruenig argues. The US government should eliminate the Earned Income Tax Credit, Child Tax Credit, and Additional Child Tax Credit — and replace those programs with a $374 check sent out to every family every month for every child they are taking care of.
Opponents of the $2,000 survival checks claim they’re poorly targeted. That’s nonsense. They would help the working class and poor far more than the rich.
A New Congressional Budget Office Study Shows That Medicare for All Would Save Hundreds of Billions of Dollars Annually
The most exhaustive study on Medicare for All just came out. Its conclusion: a single-payer system would guarantee health insurance to all people while reducing overall health spending by hundreds of billions of dollars every year.
A modest sum of money would ensure that everyone could participate in holiday traditions without breaking the bank. Let’s have the federal government pay out a universal holiday bonus.
Capitalism systemically concentrates wealth at the top of society, as the latest US figures confirm yet again. The solution: massive wealth redistribution that attacks disparities across the board.
Means-testing makes social programs to help average people highly vulnerable to cuts and a bureaucratic nightmare to sign up for. We have to reject means-testing.
The Supreme Court is way too powerful — and its power shouldn’t be wielded for good, it should be permanently undermined. Many liberals are close to coming around to this position, but few articulate it clearly.
Here’s an idea: we should redistribute wealth from the largely white 1 percent to the poor and working class of all races — tackling both racial and class inequality simultaneously.
The Earned Income Tax Credit was supposed to substantially reduce poverty and efficiently increase employment. It’s failed. It’s time for Democrats to abandon the EITC and turn toward much more effective universal social welfare programs instead.
Coronavirus has had a devastating economic impact in the United States. Yet the richest country in the world has so far passed paltry relief measures.
The Federalist‘s top manager Ben Domenech is deeply upset that Matt Bruenig filed charges at the National Labor Relations Board for Domenech’s “joking” anti-union threats against employees. If Domenech didn’t want to get dragged to court, maybe he shouldn’t have broken labor law.
In the wake of the end of Bernie Sanders’s campaign, many pundits are asking: Should Bernie have campaigned like Elizabeth Warren? The answer is no, since she lost very badly.
Just about everything Fareed Zakaria says about Bernie Sanders, the Nordics, and social democracy is incorrect. He’s faked his way through another column on something he knows nothing about.
Good news: the vast majority of Americans support a policy to have the government provide free public childcare for all children too young to attend school. And now Bernie Sanders is on board with the idea.
Michael Bloomberg is so rich it’s hard to comprehend. So here’s a comparison: the bottom 38 percent of US households have a collective net worth of $11 billion. Bloomberg alone has $64 billion.