Proud Democratic Socialist Alexandria Ocasio-Cortez ran an insurgent campaign (working nights as a bartender in NYC with her campaigning clothes stashed in a paper bag behind the bar, changing after her shift and working the streets) that conquered New York, went national, and emboldened a "progressive caucus" of new Democratic legislators: now she's going to Congress to serve as the youngest woman ever elected to the lower house. Only one problem: she can't afford to rent a DC apartment for the three months between the election and her swearing-in, when she'll start drawing her Congressional salary. Read the rest

Writing in Scientific American (!), Nobel-prize-winning economist Joseph E Stiglitz (previously) describes the US economy as an "inherited plutocracy" that's "rigged" to shift an ever-greater share of the national wealth to the very richest people: Stiglitz blames the rigging on Ronald Reagan's dismantling of antitrust enforcement, inheritance tax, and other progressive measures 40 years ago -- and says that the orthodox economic apologists for economists who attribute inequality to globalism or other factors are wrong and unsupported by evidence. Read the rest

Tech-sector workers have enormous market-power: companies find it easier to raise cash than to use it to hire qualified developers. Read the rest

Alexandria Ocasio-Cortez (previously) stunned the Democratic establishment when she comprehensively kicked the ass of finance-friendly, seemingly untouchable Democrat-in-name-only incumbent Joe Crowley in a New York City primary race that she won on a Democratic Socialist platform of abolishing ICE, Medicare for all, a jobs guarantee, a housing guarantee, gun control, relief for Puerto Rico, and gun control. Read the rest