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Featured stories, news, opinions, reviews, poetry & arts, and other content from the latest issue of the New Labor Forum.

FeaturedThe Domestic Economy

The Subprime Specter Returns: High Finance and the Growth of High-Risk Consumer Debt

Recognizing the risks to the public, regulators have begun to step in to curtail abuses and hold accountable those who violate the law in lending practices that affect all borrowers, including those with subprime credit scores. While default rates remain relatively low thus far with these subprime loans, we should guard against complacency. Despite the fact that large banks may be pulling back…

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FeaturedThe Domestic Economy

Indentured Studenthood: The Higher Education Act and the Burden of Student Debt

Promising to do something about student debt has become the means for politicians to pretend they are doing something for the 99 percent. That was true even before the 2016 election campaign really got underway. Obama, after all, promised two free years of community college in his 2015 State of the Union address. That idea, like so many others from Republicans and Democrats, did not go anywhere, even though the most recent re-authorization of the 1965 Higher Education Act (HEA) expired in 2013. However, inaction is not just a symptom of Washington gridlock. The reality is that paying for college is a confounding, sprawling sector of the economy involving loans, grants, scholarships, and tax credits.

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FeaturedGender & Sexual Identity

Queer Precarity and the Myth of Gay Affluence

The LGBT movement’s laser-focus on marriage equality propagates the myth of gay and lesbian affluence as political strategy, leaving aside any analysis of class or economic inequality or poverty—much less an analysis of capitalism. LGBT people are typically depicted as affluent consumers with high disposable incomes, yet this is hardly the norm. The majority of LGBT/Q people are poor or working class, female, and people of color, who struggle to get a job or hold onto one, to pay their rent and care for themselves and the people they love.

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FeaturedThe Environment

Protecting the Future: A Strategic Proposal to Stop Climate Change

The weekend of September 21, 2014, people in 162 countries joined 2,646 events to demand global reductions in the greenhouse gas [GHG] emissions that are generating climate catastrophe. An estimated 40,000 marched in London; 30,000 in Melbourne; 25,000 in Paris. Some 400,000 joined the People’s Climate March through the center of New York City. The climate protection movement had come a long way since 2006, when a march of 1,000 through Burlington, Vermont proved to be the largest climate protest in American history.

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