Hidden in the bill combining Covid relief and government spending is a cool $200 billion in tax breaks. An estimated $120 billion of those tax … How the Richest 1 Percent Came Out Big Winners in the Covid Relief BillRead more
Capitalism
Posted inCapitalism / Economics / Microsoft / Multimedia
How Microsoft Killed Nokia and Harmed an Entire Country
— source techrights.org | 2020/12/27
Posted inCapitalism / Inequality / ToMl / USA Empire / Wage / Worker
Wages for the top 0.1% grew more than twice as fast, up a spectacular 345.2%
Newly available wage data tell a familiar story: In every period since 1979, wages for the bottom 90% were continuously redistributed upward to the top … Wages for the top 0.1% grew more than twice as fast, up a spectacular 345.2%Read more
Posted inCapitalism / Internet / Privatization / ToMl
How .ORG is Saved
If you come at the nonprofit sector, you’d best not miss. Nonprofits and NGOs around the world were stunned last November when the Internet Society … How .ORG is SavedRead more
Posted inCapitalism / Economics / Politics / ToMl / USA Empire
Billionaire’s ex-wife donated $4.2 Billion
While progressives often argue that billionaires shouldn’t exist, as long as about 650 still do in the United States, they could all learn from MacKenzie … Billionaire’s ex-wife donated $4.2 BillionRead more
Posted inCapitalism / Economics / Liberalization / Tax / ToMl
Study of 50 Years of Tax Cuts For Rich Confirms ‘Trickle Down’ Theory Is an Absolute Sham
Neoliberal gospel says that cutting taxes on the wealthy will eventually benefit everyone by boosting economic growth and reducing unemployment, but a new analysis of … Study of 50 Years of Tax Cuts For Rich Confirms ‘Trickle Down’ Theory Is an Absolute ShamRead more
Posted inCapitalism / Inequality / Land / ToMl
Land inequality is rising in most countries
The report, Uneven Ground: land inequality at the heart of unequal societies, is the first of its kind, shedding new light on the scale and … Land inequality is rising in most countriesRead more
Posted inCapitalism / Death / USA Empire
For-profit nursing homes in Connecticut harder hit by COVID-19
For-profit nursing homes in Connecticut had significantly more COVID-19 cases and deaths than non-profit facilities, according to an independent inquiry released on Tuesday that shed … For-profit nursing homes in Connecticut harder hit by COVID-19Read more
Posted inCapitalism / Economics / Multimedia / Politics
Politics of the Right to the City
[youtube https://www.youtube.com/watch?v=4cL5c600R3o&rel=0&feature=relmfu] David Harvey Right to the City
Posted inCapitalism / Economics / Inequality / News
Wealth of Richest Surges Past $1 Trillion Since Pandemic Hit
Of this group, 29 billionaires have seen their wealth double since March 2020. There are 36 additional billionaires in the U.S. since March 2020. There … Wealth of Richest Surges Past $1 Trillion Since Pandemic HitRead more