It’s been more than a century and a half since Karl Marx published the first volume of Capital. It’s a massive, intimidating tome — one … Why Marx’s Capital Still MattersRead more
Economics
Posted inEconomics / Inequality / ToMl / USA Empire
More Evidence That Half of Americans Are In or Near Poverty
Deniers like Nikki Haley refuse to admit that mass poverty exists in their prosperous nation. That would reflect poorly on their capitalist beliefs. But if … More Evidence That Half of Americans Are In or Near PovertyRead more
Posted inEconomics / Politics / ToMl / USA Empire
Credit-Card Wars
In the name of the fight against terrorism, the United States is currently waging “credit-card wars” in Afghanistan, Iraq, Syria, and elsewhere. Never before has … Credit-Card WarsRead more
Posted inDemocracy / Economics / Politics / ToMl / USA Empire
Under the Influence
Democracy requires that all citizens—rich and poor alike—have influence over the policies their government adopts. Of course, it would be unreasonable to expect everyone to … Under the InfluenceRead more
Posted inEconomics / Inequality / ToMl / USA Empire
While World’s Richest 1% Took 82% of All New Wealth in 2017, Bottom Half Got Zero, Zilch, Nada
In 2017, a new billionaire was created every two days and while 82 percent of all wealth created went to the top 1 percent of … While World’s Richest 1% Took 82% of All New Wealth in 2017, Bottom Half Got Zero, Zilch, NadaRead more
Posted inEconomics / Politics / ToMl
Professional Societies: Corporate Service, or Public Services for You!
They call themselves non-profit professional societies, but they often act as enabling trade associations for the companies and businesspeople who fund them. At their worst, … Professional Societies: Corporate Service, or Public Services for You!Read more
Posted inEconomics / ToMl / USA Empire / Worker
Here’s How Much Money America’s Biggest Corporations Have Stolen From Their Own Workers
How do the biggest corporations earn such massive profits? They’d like you to think it’s the result of delivering a superior product or service. But … Here’s How Much Money America’s Biggest Corporations Have Stolen From Their Own WorkersRead more
Posted inAfrica / Climate Disaster / Economics / Europe / ToMl
Norwegian climate policy affects the poorest
Many are aware that global climate change is likely to hit poor people the hardest. Few, on the other hand, know that there are measures … Norwegian climate policy affects the poorestRead more
Posted inEconomics / ToMl
Excessive CEO Pay
Colossal CEO pay harms employees, impedes economic growth, and is a major cause of income inequality in America. CEO pay will continue to skyrocket unless … Excessive CEO PayRead more
Posted inCapitalism / Economics / Politics / ToMl
Capitalism Is The Reason Your Employer Is Screwing You Over
The answer:worker cooperatives. Few businesses show the skewed dynamics between employer and employees as clearly as Amazon. Its CEO Jeff Bezos is the world’s richest … Capitalism Is The Reason Your Employer Is Screwing You OverRead more