The former hedge fund manager Martin Shkreli who hiked the price of a life-saving drug by more than 5,000 percent has refused to testify before … Martin Shkreli Refuses to Answer Lawmakers’ Questions About 5,000% Drug Price HikeRead more
Economics
Posted inEconomics / ToMl
Ryan is wrong
Yesterday, the new Speaker of the House, Paul Ryan, summed up his House Republican agenda – vowing to pursue legislation that would frame a stark … Ryan is wrongRead more
Posted inEconomics / Greece / News / Politics / Strike
Mass one-day strike hits Syriza’s austerity measures in Greece
Up to 50,000 workers marched in Athens Thursday, in a one-day general strike that was one of the biggest mobilisations to protest austerity in Greece … Mass one-day strike hits Syriza’s austerity measures in GreeceRead more
Posted inEconomics / Politics / ToMl
Karl Marx Was Right
Karl Marx exposed the peculiar dynamics of capitalism, or what he called “the bourgeois mode of production.” He foresaw that capitalism had built within it … Karl Marx Was RightRead more
Posted inAfghanistan / Economics / Military / ToMl / USA Empire
Pentagon Wasted Millions of Dollars on Luxury Afghan Villas
The Pentagon isn’t known for being frugal with its spending habits, and new reports have surfaced which show that US taxpayers footed the bill for … Pentagon Wasted Millions of Dollars on Luxury Afghan VillasRead more
Posted inEconomics / News / Worker
6,000 Workers Narrowly Avoid Fire at Sweater Factory
In Bangladesh, a massive fire at a sweater factory has renewed concerns over labor conditions. The factory supplied Western retailers H&M and J.C. Penney. The … 6,000 Workers Narrowly Avoid Fire at Sweater FactoryRead more
Posted inEconomics / Fossil fuel / News / Oil
UK Government Bails Out North Sea; Gives “Nothing to Solar”
Last week, the British Prime Minster, David Cameron, flew to Aberdeen, the oil capital of the UK to announce £250 million emergency funding to “prop … UK Government Bails Out North Sea; Gives “Nothing to Solar”Read more
Posted inEconomics / Government / News / USA Empire / Water
Flint Residents Protest Receiving Bills for Poisoned Water
Flint, Michigan, residents are protesting the fact that they are still receiving water bills for the lead-poisoned water. The contamination crisis began after the state-appointed, … Flint Residents Protest Receiving Bills for Poisoned WaterRead more
Posted inEconomics / Fracking / News
Fracking Affects Property Prices
Living close to a shale gas well affects the price of your house, according to new research published in the American Economic Review, one of … Fracking Affects Property PricesRead more
Posted inEconomics / Tax / ToMl
Fifty Shades of Tax Dodging
In the past year, scandal after scandal has exposed companies using loopholes in the tax system to avoid taxation. Now more than ever, it is … Fifty Shades of Tax DodgingRead more