a new analysis by The Wall Street Journal shows the pharmaceutical giant Mylan, which has come under fire for hiking the cost of the life-saving … EpiPen Maker Mylan Has 2nd Highest Executive Pay in IndustryRead more
Capitalism
Posted inCapitalism / Economics / ToMl
A Year of Billionaire Pandemic Gains
A year ago, the Institute for Policy Studies published “Billionaire Bonanza 2020: Wealth Windfalls, Tumbling Taxes and Pandemic Profiteers,” and began tracking billionaire wealth gains … A Year of Billionaire Pandemic GainsRead more
Posted inAmazon / Capitalism / Economics / ToMl
How U.S. Billionaires Like Amazon’s Jeff Bezos Saw Wealth Grow by $1.3 Trillion
Pandemic Profiteers A new report reveals that as a record number of people in the United States lost their jobs and struggled to put food … How U.S. Billionaires Like Amazon’s Jeff Bezos Saw Wealth Grow by $1.3 TrillionRead more
Posted inCapitalism / Climate Disaster / Multimedia / Politics / USA Empire
Climate Capitalism is Killing Our Communities
[youtube https://www.youtube.com/watch?v=obb2HD-NQR8&rel=0&feature=relmfu] As California Governor Jerry Brown’s Global Climate Action Summit kicked off Thursday, indigenous and climate justice activists blocked the main entrance in protest. … Climate Capitalism is Killing Our CommunitiesRead more
Posted inCapitalism / Medicine / News / USA Empire
Big Pharma Spent Nearly $1 Billion to Lobby US Lawmakers
Pharmaceutical companies spent eight times more on political lobbying than pro-gun groups in the U.S. allowing them to counter government proposals to limit opioid restrictions, … Big Pharma Spent Nearly $1 Billion to Lobby US LawmakersRead more
Posted inCapitalism / Energy / Politics / ToMl / USA Empire
Texas, Land of Wind and Lies
Like many states, Texas has a partly deregulated electricity market, but deregulation has gone further there than elsewhere. In particular, unlike other states, Texas chose … Texas, Land of Wind and LiesRead more
Posted inCapitalism / Economics / ToMl / USA Empire
Interview with an Anonymous GameStop Investor
https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F0780eaa0-8719-41d5-a758-ca288d9356ce_684x1031.png Thursday, January 21st was a critical day in the story of the video game chain GameStop (ticker name: GME). Retail investors, including many subscribers … Interview with an Anonymous GameStop InvestorRead more
Posted inCapitalism / Death / Economics / News / USA Empire
Billionaires Added $1.3 Trillion to Their Fortunes During Pandemic while 500,000 Americans dead
According to the new analysis by the Institute for Policy Studies (IPS) and Americans for Tax Fairness (ATF), America’s 664 billionaires now have a combined … Billionaires Added $1.3 Trillion to Their Fortunes During Pandemic while 500,000 Americans deadRead more
Posted inCapitalism / Economics / Tax / ToMl / USA Empire
The Average American Pays Tax on Over Half Their Wealth
Might the United States, home to the world’s wealthiest people, sometime soon sport a tax on wealth? Media outlets the nation over have begun speculating … The Average American Pays Tax on Over Half Their WealthRead more
Posted inCapitalism / Politics / ToMl / USA Empire
How Capitalism’s Dogged Defenders and Propagandists Defend It From Criticism
“For defenders, placing adjectives before the word “capitalism” removes its core “relations of production” from criticism. The focus of analytical attention becomes the adjective, not … How Capitalism’s Dogged Defenders and Propagandists Defend It From CriticismRead more