Portland, Or. (Special to Informed Comment; Feature) – In the run-up to the 2024 Presidential election, the concept of the American Dream has become more central than ever to our national discourse. Many Americans simply ask, “What happened to it?” In my new book, The Hidden History of the American Dream: The Demise of the […]
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Economy
If Trump wins, will Anyone ever be able to Afford to Retire?
( Tomdispatch.com ) – The Washington Post headline reads: “A big problem for young workers: 70- and 80-year-olds who won’t retire.” For the first time in history, reports Aden Barton, five generations are competing in the same workforce. His article laments a “demographic traffic jam” at the apexes of various employment pyramids, making it ever […]
America’s Catch-22: Not enough Affordable Housing, but it’s increasingly Illegal to be Homeless
By Cedar Monroe and Liz Theoharis In 2019, a group of homeless folks were living on a deserted piece of land along the Chehalis River, a drainage basin that empties into Grays Harbor, an estuary of the Pacific Ocean, on the coast of the state of Washington. When the city of Aberdeen ordered the homeless […]
Israel: 11 Months of War have Battered the Country’s Economy
By Amr Saber Algarhi, Sheffield Hallam University and Konstantinos Lagos, Sheffield Hallam University | – After 11 months of war, Israel is facing its biggest economic challenge in years. Data shows that Israel’s economy is experiencing the sharpest slowdown among the wealthiest countries of the Organisation for Economic Cooperation and Development (OECD). Its GDP contracted […]
Climate Change has deep historical Roots – Amitav Ghosh explores how Capitalism and Colonialism fit in
By Julia Taylor, University of the Witwatersrand and Imraan Valodia, University of the Witwatersrand | – (The Conversation) – Amitav Ghosh is an internationally celebrated author of 20 historical fiction and non-fiction books. The Indian thinker and writer has written extensively on the legacies of colonialism, violence and extractivism. His most famous works explore migration, […]
America the Unwell: The Corporate Greed Threatening our Stability
( Tomdispatch.com ) – One thing our government doesn’t like doing is challenging the greed of health insurance companies. I can speak with some authority about holes in the ever-fraying safety net of our healthcare system, including Tricare, the military health insurance plan used by most troops, veterans, and their families, other employer-sponsored health insurance, […]
Gaza War, Lack of Palestinian Labor, drives Contraction of Israeli GDP, with 46K Businesses Shuttered
Ann Arbor (Informed Comment) – Israeli Prime Minister Benjamin Netanyahu’s insistence on continuing his total war on Gaza is not only inflicting untold misery on thousands of innocent civilians in Gaza but is also hurting the economic well-being of Israelis. According to the Israeli newspaper Arab 48, the Israeli economy’s gross domestic product per capita […]
The Sacklers may not Get away with Opioid Grift after all, as SCOTUS strikes Down Bankruptcy Settlement
Gainesville, Florida (Special to Informed Comment; Feature) – Allen Frances, M.D., distinguished former chair of psychiatry at Duke University school of medicine wrote in a Oct., 2017 New Yorker magazine expose, “Their name (Sackler/Purdue Pharma) has been pushed forward as the epitome of good works and of the fruits of the capitalist system. But, when […]
SCOTUS to Homeless: Stay Awake or be Arrested
By Clare Pastore, University of Southern California | – (The Conversation) – The Supreme Court has ruled that the Eighth Amendment to the U.S. Constitution does not prohibit cities from criminalizing sleeping outdoors. City of Grants Pass v. Johnson began when a small city in Oregon with just one homeless shelter began enforcing a local […]
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