Oxfam International, a poverty fighting organization, made news at the World Economic Forum in Davos earlier this year with its report that the world’s 85 … The 67 People As Wealthy As The World’s Poorest 3.5 BillionRead more
Economics
Posted inEconomics / ToMl
Global Corporate Debt is Coming Unglued
Default Rate Highest since 2009, US Distress Ratio Soars. Standard & Poor’s slashed the credit ratings of 112 corporations around the globe to default (D) … Global Corporate Debt is Coming UngluedRead more
Posted inEconomics / Inequality / ToMl
Top 1 percent own more than half of world’s wealth
A new report issued by the Swiss bank Credit Suisse finds that global wealth inequality continues to worsen and has reached a new milestone, with … Top 1 percent own more than half of world’s wealthRead more
Posted inEconomics / Neocolonialism / ToMl / Worker
Bangladeshi Workers Struggle Against Climate of Fear, Intimidation
The deadly collapse of Bangladesh’s Rana Plaza factory building may have sparked a flurry of fire and building-safety reforms, but garment workers continue to struggle … Bangladeshi Workers Struggle Against Climate of Fear, IntimidationRead more
Posted inEconomics / Poverty / ToMl
Poverty Facts and Stats
Almost half the world — over three billion people — live on less than $2.50 a day. At least 80% of humanity lives on less … Poverty Facts and StatsRead more
Posted inClimate Disaster / Economics / Politics / ToMl
Ford Revealed as Funder of Climate Denial Group ALEC
Ford Motor Company, despite its much-hyped commitment to the environment, has been quietly funding the American Legislative Exchange Council (ALEC), a group widely criticized for … Ford Revealed as Funder of Climate Denial Group ALECRead more
Posted inEconomics / Politics / ToMl
Ending the Vicious Cycle of Wealth and Power
What’s at stake this election year? Let me put as directly as I can. America has succumbed to a vicious cycle in which great wealth … Ending the Vicious Cycle of Wealth and PowerRead more
Posted inEconomics / Inequality / ToMl
Half of global wealth held by the 1%
Billionaires and politicians gathering in Switzerland this week will come under pressure to tackle rising inequality after a study found that – on current trends … Half of global wealth held by the 1%Read more
Posted inEconomics / Fascism / Multimedia / Politics / USA Empire / Worker
America’s Unofficial Religion
