Pensions and Power The Political and Market Dynamics of Public Pension Plans ERALD KOLASI June 2022 Abstract This paper uses the theory of ‘capital as power’ to analyze the struggle over public pensions in the United States. While mainstream commentators claim that public pensions must be ‘reformed’ because they are ‘under funded’, I argue that […]
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Originally published at sbhager.com Sandy Brian Hager In a new briefing with Common Wealth, Miriam Brett, Joseph Baines and I examine ownership and financial data for the “Big Six” UK energy companies: Centrica (British Gas), EDF Energy, E.ON UK, NPower, Scottish Power and SSE. We found that: Privatisation since the late-1980s transferred wealth from the […]
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Originally published at pluralistic.net Cory Doctorow Comparing the government to a household or a business isn’t merely inapt (a government is a currency creator, while a household is a currency user – their budgeting constraints are totally unrelated) – it’s also profoundly dishonest. Like, if you really are worried about government “living beyond its means,” […]
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