John Smith confronts creditors’ response to the greatest debt crisis in history.
Category: Economy
The Crucial Amazon Union Vote in Alabama
Unions don’t just raise worker wages, says Sam Pizzagati. They also help flatten grand plutocratic fortunes.
US Facing Mexico’s Ban on GM-Corn Imports
Timothy A. Wise covers the trade-tension potential of the López Obrador government’s policy and its implications for a country where corn is such a major dietary staple.
Millionaires Have Already Stopped Paying 2021 Social Security
Poll: Likely Voters Support ‘Wall Street Tax Act’
The levy would target high-frequency trading and is projected to generate $777 billion over a 10-year period.
Taxes on the Rich: One-Sixth of What They Used to Be
Chuck Collins and Bob Lord summarize the radical tax transformation in the U.S. over the past 65 years, particularly since 1980.
COVID-19: Some Democrats Urge Repeal of Tax Cut for Millionaires
Obsession with GDP & Disregard of Nature Leading to Eco Collapse: Report
The review commissioned by Britain’s Treasury was hailed by some environmentalists but one prominent climate activist slammed its “natural capital agenda” for putting a price tag on nature.
Chris Hedges: Papering Over the Rot
The staggering concentration of wealth at the top has deformed our governing institutions. New window dressing will not end oligarchy.
How Big Pharma Pursues ‘Killer Profits’ at Americans’ Expense
“Instead of spending on innovation, Big Pharma is hoarding its money for salaries and dividends,” the report says, “all while swallowing smaller companies, thus making the marketplace far less competitive.”