By Julian Wettengel | – Clean Energy Wire ) – The damaging effects of climate change are set to hit economic growth severely across most countries, said researchers from the Potsdam Institute for Climate Impact Research (PIK). With the climate change that is already locked-in through past and “plausible” future emissions, income will be 19 […]
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Inequality
Tax Day: The America I wish my Taxes paid for
Greenfield, Mass. (Special to Informed Comment) – In June 2023 Amanda Jones, an African American who had recently given birth to her second daughter Miranda, died from pregnancy-related causes. Her state, Georgia, ranks among the least safe states in the country for women to give birth; and the vast majority of women who die during […]
Republicans Plan to wage Class Warfare on Working People
( Tomdispatch.com) – Recently, you may have noticed that the hot weather is getting ever hotter. Every year the United States swelters under warmer temperatures and longer periods of sustained heat. In fact, each of the last nine months — May 2023 through February 2024 — set a world record for heat. As I’m writing […]
Erdoğan’s streak came to a screeching Halt as Turkey’s economy pays the price for Years of Policy Mistakes
By Gulcin Ozkan, King’s College London | – (The Conversation) – For many years, it wasn’t the economy that determined voting behaviour in Turkey. The country’s president, Recep Tayyip Erdoğan, won almost every election he contested despite a deteriorating economic outlook. This is commonly explained by the importance of identity politics in a country that […]
Total U.S. Billionaire Wealth is Up 88 Percent over Four Years
By Chuck Collins and Omar Ocampo | – ( Inequality.org ) – Four years ago, the United States entered the Covid-19 pandemic. Forbes published its 34th annual billionaire survey shortly after with data keyed to March 18, 2020. On that day, the United States had 614 billionaires who owned a combined wealth of $2.947 trillion. Four […]
Could Trump win again? Roots of MAGA Paranoia and the Politics of Fear
Brooklyn, NY (Special to Informed Comment; featured) – The cover of my The Politics of Fear: The Peculiar Persistence of American Paranoia features a photograph of a bearded, fur-clad man with a horned helmet, tattoos and face paint. On January 6, 2021, Jacob Anthony Chansley, aka the Q Shaman, stood at the House Speakers’ dais […]
We Need to Phase out Fossil Fuels Immediately, but Equitably
By Tom Athanasiou | – This essay was originally published in Foreign Policy in Focus Just before the recent climate summit in Dubai, COP28 president Sultan Al-Jaber, with some exasperation, came out with the following rather amazing statement: “Please help me, show me the roadmap for a phase out of fossil fuel that will allow […]
Our World-Historical Turning Point – Kairos – is Now, and Everything Depends on the Youths
( Tomdispatch.com) – “All Americans owe them a debt for — if nothing else — releasing the idealism locked so long inside a nation that has not recently tasted the drama of a social upheaval. And for making us look on the young people of the country with a new respect.” That’s how Howard Zinn […]
We Deserve Medicare for All, But What We Get Is Medicare for Wall Street
By Les Leopold | – ( Commondreams.org ) – The United States health care system—more costly than any on earth—will become ever more so as Wall Street increasingly extracts money from it. Private equity funds own approximately 9% of all private hospitals and 30% of all proprietary for-profit hospitals, including 34% that serve rural populations. […]