The problem isn’t only that Elon Musk has a net worth of about $100 billion when tens of millions of Americans are barely getting by. … Citizen MuskRead more
Economics
Posted inDebt / Economics / ToMl
Modern-day colonialism: Debt crisis in the Global South
As external debt repayments from low-income countries are forecast to reach between $2.6 and $3.4 trillion next year, the looming debt crisis in the Global … Modern-day colonialism: Debt crisis in the Global SouthRead more
Posted inEconomics / Military / News / Protest / USA Empire
Four Facing Felony Charges for Protest at Military Giant Northrop Grumman
in Nebraska, four people are facing felony charges for a protest at the office of the military contractor Northrop Grumman, the sixth-largest military contractor in … Four Facing Felony Charges for Protest at Military Giant Northrop GrummanRead more
Posted inCapitalism / Economics / Politics / ToMl
Capitalism Has Failed in Fighting Coronavirus
The desperate policies of panic-driven governments involve throwing huge amounts of money at the economies collapsed in response to the coronavirus threat. Monetary authorities create … Capitalism Has Failed in Fighting CoronavirusRead more
Posted inEconomics / ToMl / USA Empire / Water
Millions of People Lose Water Service Because They Can’t Afford Their Water Bills
http://www.fair.org/audio/counterspin/CounterSpin200327Grant.mp3 Janine Jackson: Without doing a count, I’m confident saying that vanishingly few articles noting the critical importance of frequent handwashing during the Covid-19 pandemic … Millions of People Lose Water Service Because They Can’t Afford Their Water BillsRead more
Posted inEconomics / News
Some rich people are getting even richer during the pandemic
ONE OF THE most striking things about the global rich these days is just how quickly they manage to make, and lose, money. In March, … Some rich people are getting even richer during the pandemicRead more
Posted inEconomics / Neoliberalism / Politics / ToMl
This is your brain on neoliberalism
But what the roaring success of ‘self-help’ books like The Secret tells us is important. In a world of increasing inequality, systemic oppression and environmental … This is your brain on neoliberalismRead more
Posted inEconomics / ToMl
These Devices Making the Super-Wealthy Super-Wealthier Will Have to Come Apart
തകരും Janine Jackson: The coronavirus is new, but economic shocks and the government response of bailing out certain industries are not. We have experience to … These Devices Making the Super-Wealthy Super-Wealthier Will Have to Come ApartRead more
Posted inBailout / Economics / ToMl / USA Empire
Aviation industry laying off thousands during pandemic while seeking bailouts
Airline executives in the US and internationally are imposing furloughs, layoffs and voluntary unpaid time-off against hundreds of thousands of workers in response to the … Aviation industry laying off thousands during pandemic while seeking bailoutsRead more
Posted inEconomics / Globalization / Politics
Effects of globalization on people and planet
Employment — Masters v Servants: For each Swiss person, three people work elsewhere to support their lifestyles. In Madagascar, 7 in 10 locals work full-time … Effects of globalization on people and planetRead more