Most people assume that inequality between the global South and the global North (the United States, Western Europe, Japan, Canada and Australia) has been declining … It is time to decolonise the World Bank and the IMFRead more
Economics
American Debt Slaves in Weirdest Economy Ever
During the Financial Crisis, credit card debt and home mortgages blew up spectacularly. When it was all said and done, about three years later, total … American Debt Slaves in Weirdest Economy EverRead more
How Capitalism Works
[youtube https://www.youtube.com/watch?v=BGmEUR3gDew&rel=0&feature=relmfu] David Harvey Anti-Capitalist Chronicles Feb 13, 2020
The Wealth Inequality Virus is Surging
If money is the source of happiness, and having more money means more happiness, some of our multi-billionaire friends have reached unprecedented levels of happiness … The Wealth Inequality Virus is SurgingRead more
Children of centenarians feel stronger purpose in life
A sense of meaning and direction in life is associated with living longer and experiencing less disease, disability, and cognitive impairment. Now, a new study … Children of centenarians feel stronger purpose in lifeRead more
Bill Gates joins Blackstone in bid to buy British private jet services firm
Bill Gates has joined a £3bn bidding war to buy the world’s largest private jet services company just as he prepares to publish his new … Bill Gates joins Blackstone in bid to buy British private jet services firmRead more
Rising Costs of U.S. Flood Damage Linked to Climate Change
Increased precipitation resulting partially from climate change has caused an additional $2.5 billion a year in U.S. flood damage, according to a new study that … Rising Costs of U.S. Flood Damage Linked to Climate ChangeRead more
The Bezos Earth Fund and the charity of the oligarchs
Amidst an unprecedented transfer of wealth from the working class to the billionaires this year, sections of the bourgeoisie have decided to “donate” a small … The Bezos Earth Fund and the charity of the oligarchsRead more
The richer you are, the more likely you’ll social distance
The higher a person’s income, the more likely they were to protect themselves at the early stages of the Covid-19 pandemic in the United States, … The richer you are, the more likely you’ll social distanceRead more
American Debt Slaves in the Weirdest Economy Ever
[youtube https://www.youtube.com/watch?v=Y_xgKnUi9_8&rel=0&feature=relmfu] THE WOLF STREET REPORT wolfstreet.com