By Jeff Ernsthausen, Paul Kiel and Jesse Eisinger | – ( Propublica) – Here’s a tale of two Stephen Rosses. Real life Stephen Ross, who founded Related Companies, a global firm best known for developing the Time Warner Center and Hudson Yards in Manhattan, was a massive winner between 2008 and 2017. He became the […]
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Inequality
Blame Corporate Greed for Inflation
By Sarah Baron | – ( Otherwords.org) – CEOs are taking every opportunity to further pad their own pockets. Here’s how to hold them accountable. By Sarah Baron | December 1, 2021 With vaccination rates on the rise, Americans are hoping for a return to some semblance of normalcy this holiday season. Unfortunately, as people […]
How Greed is Prolonging the Pandemic – Unless the World is Vaccinated, Variants will Keep Emerging
( Otherwords.org) – Stop me if this sounds familiar. It’s been kind of a hard year, but I felt optimistic about the holidays. My wife and I had just scheduled our COVID-19 boosters. Even better, we’d been able to get our young child vaccinated. We imagined a cautious return to simple family pleasures like indoor […]
The “Graveyard Shift” in a Pandemic World: The Real Meaning of Supply-Chain Woes
( Tomdispatch.com) – In mid-October, President Biden announced that the Port of Los Angeles would begin operating 24 hours a day, seven days a week, joining the nearby Port of Long Beach, which had been doing so since September. The move followed weeks of White House negotiations with the International Longshore and Warehouse Union, as […]
Turkey’s currency crisis is a textbook example of what not to do with interest rates
By Gulcin Ozkan | – Central banks around the globe are currently staring at inflation rates unseen in more than 20 years. Supply chain problems and labour shortages arising from the pandemic, combined with sharply rising food and energy prices, have pushed prices up by as much as 6.2% in the US, 4.2% in the […]
The Collapse of Turkey’s Currency fuels Power Struggle
By Bakr Sidqi | – ( Middle East Monitor ) – On what was called “Black Tuesday” in the media this week, the value of the Turkish lira against foreign currencies declined sharply, bringing the exchange rate to 13.5 Turkish liras to the US dollar. While experts on the matter in Turkey and elsewhere are […]
Wealthy Americans Get Paid Leave. Shouldn’t the Rest?
By Sarah Anderson | – ( Otherwords.org) – The fight to guarantee paid sick time and family leave faces an uphill battle, but advocates aren’t giving up. By Sarah Anderson | November 10, 2021 For Ruth Martin, the fight for paid leave is both professional and personal. As Senior Vice President of MomsRising, she’s helped […]
The Politics of the Poor in an America on Edge: Lifting from the Bottom So Everyone Can Rise
( Tomdispatch.com ) – When President Biden first unveiled the Build Back Better agenda, it appeared that this country was on the path to a new war on poverty. In April, he told Congress that “trickle-down economics have never worked” and that it was time to build the economy “from the bottom-up.” This came after […]
The Climate Emergency is a Social Justice Issue – Six Charts that Show Why
By Sonja Klinsky | – Climate change has hit home around the world in 2021 with record heat waves, droughts, wildfires and extreme storms. Often, the people suffering most from the effects of climate change are those who have done the least to cause it. To reduce climate change and protect those who are most […]