By Daniel Maxwell, Tufts University | – Russia’s invasion of Ukraine has produced a terrible humanitarian crisis in eastern Europe. It also is worsening conditions for other countries, many of them thousands of miles away. Together, Russia and Ukraine account for almost 30% of total global exports of wheat, nearly 20% of global exports of […]
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Inequality
Majority of Germans favor higher top Tax Rate to finance Climate Protection – Poll
By Edgar Meza | – ( Clean Energy Wire) – Some 66 percent of German households are in favour of raising the top tax rate to finance climate action, according to a survey conducted by the ifo Institute in cooperation with the forsa opinion research institute. Researchers asked households about their preferences with regard to […]
The Economic Consequences of the War: Why the Conflict in Ukraine Is a Disaster for the Poor of This Planet
( Tomdispatch.com ) – In 1919, the renowned British economist John Maynard Keynes wrote The Economic Consequences of the Peace, a book that would prove controversial indeed. In it, he warned that the draconian terms imposed on defeated Germany after what was then known as the Great War — which we now call World War […]
Under DeSantis, Republican “Child Identity” McCarthyism comes for Mickey Mouse
Ann Arbor (Informed Comment) – Gov. Ron DeSantis’s attack on the Disney Corporation may seem odd, coming from a pro-business governor in a state where Disney is one of the largest employers. But DeSantis is pushing back at Disney on behalf of big capital, in a roundabout way. The entertainment corporations are problematic for the […]
The Poor at the Crossroads: The First and Worst Hit by Pandemics of Every Sort
( Tomdispatch.com ) – The 54th anniversary of the assassination of Reverend Martin Luther King, Jr., just passed. Dr. King was shot down while organizing low-wage sanitation workers in Memphis, Tennessee. At that time, he was building the Poor People’s Campaign, an effort to organize America’s poor into a force to be reckoned with. In […]
Can we Afford a Fair Global Climate Transition?
By Tom Athanasiou | – ( Foreign Policy in Focus ) – How to create the political backing for the international effort necessary to achieve a fair and rapid global climate transition, even though that support would be properly denominated not in billions of dollars but rather in trillions, or even as percentages of Gross […]
Americans in poorer Counties have died of COVID at Double the rate of Wealthier Counties
By Karen Dolan | – ( Otherwords ) – As our country approaches 1 million deaths from COVID-19, it can feel impossible to wrap our heads around such a devastating figure. But it’s essential if we want to treat the pre-existing conditions that made it so deadly. In the beginning, many thought the pandemic would […]
The Richest Americans pay 3.4% in Federal Taxes, a rate 5 Times Less than most People
By Paul Kiel, Ash Ngu, Jesse Eisinger and Jeff Ernsthausen | – ( ProPublica ) – Which people and professions rake in the most income year after year? Which are most adept at shielding that money from the taxman? And what does this tell you about America? The top earners, of course, are often fodder […]
I may have failed as a Tax Resister, but Corporate America is Hugely Successful at it
( Tomdispatch.com) – Every April, as income-tax returns come due, I think about the day 30 years ago when I opened my rented mailbox and saw a business card resting inside. Its first line read, innocently enough, “United States Treasury.” It was the second line — “Internal Revenue Service” — that took my breath away. […]