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
Economics
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 inEconomics / Multimedia / Satire / USA Empire / Worker
Small business is the backbone of the American economy
[youtube https://www.youtube.com/watch?v=Pw42rHK494Y&rel=0&feature=relmfu] John Oliver Last week tonight
Posted inEconomics / India / ToMl
High volatility in crop prices, made worse by the absence of APMCs
Rajiv Kumar Ojha does not know which is more stressful: harvesting a decent crop or trying to sell it. “You might find it funny, but … High volatility in crop prices, made worse by the absence of APMCsRead more
Posted inChile / Economics / Neoliberalism / Politics / ToMl
Neoliberalism in Chile and the cost of human life
Neoliberalism in Chile has a long history of failed promises, repressive policies, and authoritarian ideologies that cost the lives of thousands of Chilean citizens. Chile … Neoliberalism in Chile and the cost of human lifeRead more
Posted inEconomics / Financial crisis / Politics / ToMl / USA Empire
How 2008 Financial Meltdown Contributed to Trump’s Rise
[youtube https://www.youtube.com/watch?v=lTY9ia68-9s&rel=0&feature=relmfu] William K. Black Part 2. Because of the failure to prosecute, the failure to perceive the elite bankers as the problem, not the … How 2008 Financial Meltdown Contributed to Trump’s RiseRead more
Posted inEconomics / Finance / News / USA Empire
Ex-Treasury Secretary Timothy Geithner Gets JPMorgan Credit Line for Private Equity Fund
In the latest sign of the revolving door between the U.S. government and Wall Street, former Treasury Secretary Timothy Geithner has secured a personal line … Ex-Treasury Secretary Timothy Geithner Gets JPMorgan Credit Line for Private Equity FundRead more
Posted inEconomics / Financial crisis / ToMl / USA Empire
The Truth About the 2008 Financial Meltdown
[youtube https://www.youtube.com/watch?v=_Xft_HtU4Ss&rel=0&feature=relmfu] Bill Black Part 1. BILL BLACK: All right, so we’re nearing the tenth anniversary of Lehman’s collapse, and so we’re going to get … The Truth About the 2008 Financial MeltdownRead more
Posted inBailout / Economics
Billionaires funneled money offshore for years. Now they want a bailout
We’re sharing this personal story from an anonymous writer who has been made redundant in the past month. The consequences of a world where we … Billionaires funneled money offshore for years. Now they want a bailoutRead more