Southwest Harbor, Maine (Special to Informed Comment) – It is a familiar story. A Pharma giant sells life- saving vaccine , which costs no more than 7 dollars a dose, to most nations at almost 20 dollars per shot. Knowing that unseemly profits in the midst of a global pandemic may elicit outrage and perhaps […]
Yes, Biden needs to Cancel Student Debt up to $50K: Society and Employers should pay for College to begin With, like High School
Southwest Harbor, Maine (Special to Informed Comment) – The years in the aftermath of the North American Free Trade Act were difficult and often painfully disheartening for many working class Americans. Growing up with the expectation that a high school degree was a ticket to jobs with income, healthcare, comfortable pensions they were confronted by […]
For Workers struggling to Unionize at Amazon, it is a Matter of Life and Death
Southwest Harbor, Maine (Special to Informed Comment) – That unions lost the battle to organize Amazon’s Bessemer, Alabama plant should and did come as no surprise. The workers were up against one of the world’s most affluent and powerful corporations. Yet despite the 2 to 1 loss, the organization effort did help to reveal Amazon’s […]
The Ever Given’s Blockage of the Suez Canal and World Trade showed the Downsides of Monopoly Capitalism
Southwest Harbor, Maine (Special to Informed Comment) – News media, maritime experts, and a curious public could hardly take their eyes off the Ever Given, the mega cargo ship as long as the Empire State Building is tall. Viewers were stunned to see the ship swung sideways to the canal and thus blocking transit in […]
When Leaders Kill: Biden’s characterization of Putin applies to Neoliberal Ideologies, Too
Southwest Harbor, Maine (Special to Informed Comment) – The presidents who control more than 90 percent of the world’s nuclear arsenal had a bit of a spat the other day. Though the exchange ended indecisively it serve to highlight important moral issues in both foreign and domestic policy. In an interview with ABC’s George Stephanopoulos […]
An Open Letter to Senator Joe Manchin: Stop worrying about Inflation and Focus on Keeping Hurting Workers Afloat
Southwest Harbor, Maine (Special to Informed Comment) – Dear Senator Manchin; Corporate media now portray you as on of the most powerful politicians in DC. Hard bargaining on the amount and length of unemployment insurance chopped 100 dollars a week off the compensation workers will receive. This compromise, which you defended on the grounds it […]
Rich Nations are Getting Vaccines, Poor Countries Not: Which is a Big Danger to Rich Countries
Southwest Harbor, Maine (Special to Informed Comment) – Our commercial media have followed the ups and downs of the vaccine roll out in the United States even as much less attention is devoted to the experience of poor nations. Pundits and TV anchors periodically acknowledge that lethal viruses don’t respect borders but seldom discuss the […]
Why the Opponents of a $15 Minimum Wage are Wrong, Wrong, Wrong
Southwest Harbor, Maine (Special to Informed Comment) – Conservatives in both political parties want citizens to believe opposition to an increase in the minimum wage is a simple matter of supply and demand economics. If government regulators increase the price of hamburger, consumers will buy less hamamburger. Increase the price (wages) of labor and businesses […]
Yes we need the $1.9 Trillion Stimulus: Real Unemployment is 3 times what they’re telling us
Southwest Harbor, Maine (Special to Informed Comment) – As Congress gets set to debate the Biden Pandemic relief package, one of the favorite Republican lines is the contention that an economic recovery is already well underway. Pouring more money into an accelerating economy is likely to induce seventies style inflation. It is time, they argue, […]
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