In his first foreign trip abroad as president, Donald Trump traveled to Saudi Arabia this weekend, where he signed an arms deals totaling $110 billion. … Trump’s $110B Arms Deal over Saudi Atrocities in Yemen & RegionRead more
Economics
Posted inEconomics / India / News
11,400 Farmers Committed Suicide In 2016
After a discussion in the Lok Sabha on the agrarian crisis, Union Agriculture Minister Radha Mohan Singh said that as many as 11,400 farmers committed … 11,400 Farmers Committed Suicide In 2016Read more
Posted inEconomics / India / Trade
The hidden costs of RCEP for India
The Regional Comprehensive Economic Partnership (RCEP) is being negotiated in Hyderabad, India this week (July 22). If signed, RCEP would grant corporations the exclusive right … The hidden costs of RCEP for IndiaRead more
Posted inEconomics / News / USA Empire / Worker
Worker Wages Flat, But Since 1978 CEO Pay Has Soared by ‘Outrageous’ 937%
Wages for most American workers have remained basically stagnant for decades, but a new report published on Thursday by the Economic Policy Institute (EPI) shows … Worker Wages Flat, But Since 1978 CEO Pay Has Soared by ‘Outrageous’ 937%Read more
Posted inEconomics / Multimedia
State of power 2013
Global 0.001% Just 11 million people, or 0.15%, control $42 trillion dollars or two thirds of world GDP. An even tinier group of people, 0.001%, … State of power 2013Read more
Posted inEconomics / ToMl / USA Empire
The American Way of War Is a Budget-Breaker
When Donald Trump wanted to “do something” about the use of chemical weapons on civilians in Syria, he had the U.S. Navy lob 59 cruise … The American Way of War Is a Budget-BreakerRead more
Posted inEconomics / Health / Inequality / ToMl / USA Empire
Growing gap between longest and shortest lifespans in the US
Babies born today in 13 US counties have shorter expected lifespans than their parents did when they were born decades ago, according to a new … Growing gap between longest and shortest lifespans in the USRead more
Posted inCapitalism / Economics / Politics / ToMl / USA Empire
Why So Many Americans Defend the Failed Capitalist Experiment
Capitalism has worked for big business and for the people with stocks and estates. But for the past 35 years our economic system, stripped of … Why So Many Americans Defend the Failed Capitalist ExperimentRead more
Posted inEconomics / Fossil fuel / News
The world’s biggest economies spent four times more on fossil fuels than clean energy
The G20 (the richest countries on the planet) invested mostly in polluting energy between 2013 and 2015, according to a new analysis from a handful … The world’s biggest economies spent four times more on fossil fuels than clean energyRead more
Posted inEconomics / ToMl
Apple’s $257 billion cash hoard and parasitic accumulation
The most striking feature of Apple’s financial results for the first quarter, released earlier this week, was the growth of its enormous cash holdings. The … Apple’s $257 billion cash hoard and parasitic accumulationRead more