Coronavirus has killed almost 16,000 people in Lombardy and infected more than 87,000 – the highest number per capita in Italy. By comparison, just next … Why was Lombardy hit harder than Italy’s other regions?Read more
Economics
Posted inEconomics / Fossil fuel / Subsidy / Tax / ToMl
Fossil Fuel Subsidies and Taxation: Two Sides of the Same Carbon Coin
We recently published a two part Tax Justice Focus special on climate crisis and tax justice. This blog reproduces the article by Laura Merrill, in … Fossil Fuel Subsidies and Taxation: Two Sides of the Same Carbon CoinRead more
Posted inEconomics / Politics / ToMl
Why are we waiting for billionaires like Jeff Bezos to save us?
What if the government actually met society’s needs? Instead of pulling out of the Paris climate agreement amid a planetary crisis and withdrawing funding from … Why are we waiting for billionaires like Jeff Bezos to save us?Read more
Posted inCapitalism / Economics / Medicine / ToMl
Banks Pressure Health Care Firms to Raise Prices on Critical Drugs
In recent weeks, investment bankers have pressed health care companies on the front lines of fighting the novel coronavirus, including drug firms developing experimental treatments … Banks Pressure Health Care Firms to Raise Prices on Critical DrugsRead more
Posted inAboriginal / Economics / Politics / ToMl
Australia’s boom is anything but for its Aboriginal people
Eleven miles by ferry from Perth is Western Australia’s “premier tourist destination”. This is Rottnest Island, whose scabrous wild beauty and isolation evoked for me … Australia’s boom is anything but for its Aboriginal peopleRead more
Posted inEconomics / Tax / ToMl / USA Empire
The Corporate Sugar Daddies
As tax day looms, most of us are grumbling and griping about the joyless task of shelling out hard-earned wages to the Empire. Regardless of … The Corporate Sugar DaddiesRead more
Posted inEconomics / Hindutva / India / ToMl
Only 10% from Government Funds, Only 4% in People’s Hands
After the lockdown began on March 24, the Modi government made a series of announcements that were spun out as relief and welfare measures for … Only 10% from Government Funds, Only 4% in People’s HandsRead more
Posted inEconomics / Fossil fuel / News
Fossil Fuel Industry Could Face $25 Trillion Collapse
Due to Clean Tech, Climate Policies, and Covid-19 Pandemic In a new analysis that bolsters climate activists’ arguments for transforming the global energy system, the … Fossil Fuel Industry Could Face $25 Trillion CollapseRead more
Posted inBailout / Disease / Economics / ToMl / USA Empire
The Coronavirus Stimulus Bill Is a $2 Trillion Slush Fund for Washington Cronies
When historians look back on our current government’s response to a public health emergency and resultant economic depression, there won’t be many paeans to profiles … The Coronavirus Stimulus Bill Is a $2 Trillion Slush Fund for Washington CroniesRead more
Posted inCapitalism / Economics / ToMl / Worker
Mass Unemployment Is a Failure of Capitalism
The difficulties caused to workers by record unemployment during the pandemic are a product of capitalism. Most of the time, employers decide to hire or … Mass Unemployment Is a Failure of CapitalismRead more