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.
UK Think Tank Behind Truss’ Program Lives On
Category: Economy
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.
It Doesn’t Trickle Down
Kate Pickett touts the Club of Rome’s “Earth4All” prescription for a root-and-branch reshaping of the economy, away from neoliberal, extractive capitalism.
War Is No Answer to Insecurity
Old habits continue to dominate in Washington, which has long sought nuclear primacy to negate the theory of détente, writes Vijay Prashad.