Inequality

By Chirag Dhara (The Hindu) – “Because of all we’ve done, the risk to the American people remains very low,” said Mr. Donald Trump on Feb. 26, 2020. About 50 Americans had contracted the virus by then. Today, merely seven weeks later, cases in the US have neared 500,000 and left 18,000 dead. As the […]

Employment

The Fundamentalist Religion of the Market and COVID-19

Richard Foltz

Discussions on the role of religion in the contemporary world generally fail to take into consideration an argument advanced by David Loy more than twenty years ago: namely, that the dominant faith system practiced across the globe today is in fact that of so-called “free-market” capitalism, a self-serving ideology forcibly imposed by a worldwide plutocracy […]

Bernie Sanders

To Save America, Top 3 Planks Bernie Supporters Must try to Get into the Democratic Platform

Juan Cole

Ann Arbor (Informed Comment) – Bernie Sanders bowed out of the race for president on Wednesday, but he made it clear that he still leads a national movement. Sanders has a substantial delegate count, of 914 as I write. Although he has concluded that he won’t reach the 1,991 needed to win the nomination, his […]

Banking

When Renters and Homeowners and Small Businesses need a Bailout, the Fed gives it to Big Corporations

Tomdispatch

By Nomi Prins | – ( Tomdispatch.com ) – To say that these are unprecedented times would be the understatement of the century. Even as the United States became the latest target of Hurricane COVID-19, in “hot spots” around the globe a continuing frenzy of health concerns represented yet another drop down the economic rabbit […]

Banking

The US Tax System is a vast Ponzi Scheme that only Benefits the Wealthy

F. Douglas Stephenson

( Gainesville Sun ) – There are no easy answers to financing U.S. health insurance, mental health care, social services, public health and other services for nearly 330 million individuals. The USA is a very large country and financing services must be tailored to this reality. Accordingly, funding government programs requires us to muster the […]

Donald Trump

How we gave up our Health, Environment and Diplomacy for Wars, Walls and Plutocracy

H. Patricia Hynes

Greenfield, MA (Special to Informed Comment) -Budgets are moral documents (or immoral, depending on priorities). So also is tax policy. Consider Trump’s proposed $1.3 trillion discretionary budget for 2021. In snapshot, the Pentagon gets 55% and every other need of 331 million people–from health, education, agriculture, transportation, environmental protection to housing–is left with 45%. As […]

Employment

Pandemic will cause another Housing Crisis, and Without Strong Long-Term Gov’t Policy it Will hit Workers Hardest

The Conversation

By Roshanak Mehdipanah and Gregory Sallabank | – Millions of Americans are suddenly out of work as the financial and economic crisis sparked by the coronavirus pandemic deepens. Without an income, most of these people will have a hard time covering their expenses, including keeping a roof over their heads. But even before the current […]

Epidemics

Coronavirus: Corporate Media ignores how Privatization of Hospitals explains Lack of Beds, Ventilators

John Buell

Southwest Harbor, Maine (Special to Informed Comment) – The escalating total Covid 19 deaths in New York City and the frantic quest to obtain life saving medical gear has rightly captured media attention. New York governor Andrew Cuomo’s impassioned plea for more federal assistance and a need-based system for allocating aid among the states was […]

Epidemics

Italy Coronavirus Deaths Pass 10,000: How Austerity and Anti-Immigrant Politics Created Europe’s Worst Crisis

Conn M. Hallinan

( Foreign Policy in Focus) As the viral blitzkrieg rolls across one European border after another, it seems to have a particular enmity for Italy. The country’s death toll has passed China’s, and scenes from its hospitals look like something out of Dante’s imagination. Why? Italy has the fourth largest economy in the European Union, […]