Patent monopolies provide the pharmaceutical industry with incentives for innovation and research. However, they can also encourage a range of rent-seeking behaviors that impose significant … Costs of Patent MonopoliesRead more
Economics
Posted inEconomics / Education / News / USA Empire
Another crisis over basic services in Michigan that Obama did not address
Dire conditions under an unelected emergency manager have led schoolteachers to declare an emergency of their own. On Wednesday, 88 of Detroit’s roughly 100 public … Another crisis over basic services in Michigan that Obama did not addressRead more
Posted inEconomics / ToMl / USA Empire / Worker
Half Of American Workers Make Less Than $30,000
We just got more evidence that the middle class in America is dying. According to brand new numbers that were just released by the Social … Half Of American Workers Make Less Than $30,000Read more
Posted inDisaster / Economics / News / Women / Worker
41 belatedly charged over Rana Plaza factory collapse
More than 32 months after Bangladesh’s worst industrial disaster, the Rana Plaza factory collapse that killed more than 1,100 people, mostly garment workers, a court … 41 belatedly charged over Rana Plaza factory collapseRead more
Posted inCartoon / Economics / Inequality / Opinion / Politics / USA Empire
Donald Trump teaching capitalism
Recently Trump came to Burlington, Vermont. Gave a speech at Flynn Theater with seating capacity of 1,400. But most stunning things is that he explained … Donald Trump teaching capitalismRead more
Posted inEconomics / Prison / ToMl
These 7 Household Names Make a Killing Off of the Prison-Industrial Complex
Once slavery was abolished in 1865, manufacturers scrambled to find other sources of cheap labor—and because the 13th amendment banned slavery (except as punishment for … These 7 Household Names Make a Killing Off of the Prison-Industrial ComplexRead more
Posted inEconomics / Iraq / USA Empire
US Spending on the War Against ISIS
As the White House considers opening operating bases in Iraq and deploying troops to bolster support for Iraqi forces against ISIS, including one in ISIS-held … US Spending on the War Against ISISRead more
Posted inEconomics / ToMl
Gates Foundation Reflects the Good and the Bad of “Hacker Philanthropy”
IT’S ELECTION SEASON, and teams of journalists are avidly tracking the flow of big money into political campaigns. Sifting financial records and filings, they are … Gates Foundation Reflects the Good and the Bad of “Hacker Philanthropy”Read more