In the face of climate catastrophe and a rising risk of nuclear war, Greece’s former finance minister says the global ruling class are “doing their best to push humanity over both cliffs at once.”
Varoufakis: How to End ‘Global Empire of Capital’
Category: Economy
An Economist for the Whole Earth
Without greater equality, Herman Daly, the pioneer of ecological economics, helped us understand that the environment has no real shot at renewal, writes Sam Pizzigati.
UK Think Tank Behind Truss’ Program Lives On
Sunak has installed several of the Institute of Economic Affairs’ biggest supporters in his cabinet and made one of its former staff members his chief spin doctor, writes Adam Bychawski.
Exxon, Chevron Rake in Massive Profits
Despite the evidence of price gouging, Joe Biden has so far declined to endorse a windfall profits tax, opting instead to demand voluntary action from fossil fuel executives.
UK Aids Egypt’s Autocratic Neoliberalism
Matt Kennard reports on an example of “authoritarian neoliberalism,” the imposition of widespread privatization by U.K.-backed dictators.
Rail Cos. Reject Union’s Demand for Paid Sick Leave
A union spokesman said that rail companies — with more than $10 billion in stock buybacks and dividends in the first six months of 2022 — can easily afford to provide workers with paid leave when they are sick.
The Timing of the Pipeline Attack
The U.S. had already forced Germany to shut down Nord Stream 2 but there are signs that an end to the Ukraine war would have put it back online, writes Joe Lauria.
Unionism in US Keeps Spreading
Home Depot is the latest workplace being organized. While profits at the home-repair chain have broken records during the pandemic, workers at a store in Philadelphia struggle to afford necessities, Jonah Furman reports.
Chris Hedges: Strike! Strike! Strike!
The global ruling class is determined to prevent mounting protests against social inequality from employing the weapon that can bring them down.
The Cult of Positive Thinking
The late author Barbara Ehrenreich laid bare the industry of positive thinking in her book Bright Sided, writes Sonali Kolhatkar.