By Julius Probst | – Swedish academic Hans Rosling has identified a worrying trend: not only do many people across advanced economies have no idea that the world is becoming a much better place, but they actually even think the opposite. This is no wonder, when the news focuses on reporting catastrophes, terrorist attacks, wars […]
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Economy
Why Martin Luther King, Jr., would Support Alexandria Ocasio-Cortez
Alexandria Ocasio-Cortez (AOC), the youngest woman ever elected to Congress, at 29, has become a lightning rod. She was recruited to run against a corporate Democrat by activists of the Democratic Socialists of America (DSA), which has become a significant caucus within the Democratic Party. Her advocacy of a higher marginal tax rate (no, she […]
World’s 26 Richest Own Same as Poorest Half of Humanity: Oxfam
Piecemeal private services punish poor people and privilege elites
80% of Workers live Paycheck to Paycheck, and Federal ones are no Different
The percentage of U.S. households that have zero or negative wealth increased from 15.5 percent in 1983 to 21.2 percent today.
Not the Onion: Ivanka Trump in running for World Bank Head
WASHINGTON (Ma’an) — Former United States Ambassador to the United Nations, Nikki Haley, and US President Donald Trump’s daughter, Ivanka Trump, are reportedly among possible US candidates to replace the outgoing World Bank President Jim Yong Kim. Earlier this week, Jim Yong Kim announced he would be stepping down as the World Bank’s president three […]
Could Trump’s Gov’t Shutdown send US Economy into Tailspin?
Payments to farmers and poor families, craft beer labels, food inspections and economic data all have fallen victim to the budget impasse.
Is Alexandria Ocasio-Cortez Right that Tax Justice is Key to our Democratic Prospect?
US “much greater shares of national wealth and income going to the richest 1% than any other country.”
Rashida Tlaib and Working Class Authenticity v. Trump’s Plutocrat Pretense
Ann Arbor (Informed Comment) – Why does Donald Trump get a pass on speaking and acting obscenely but Rashida Tlaib is pilloried for calling him a Mofo? It is because US corporate media and political elites expect the wealthy to do bad imitations of working class profanity (so as to fool the rubes into voting […]
How Corporate Monopolies and High Prices are Making you Poor and Rich Richer
The more industries monopolize, the wider the gap between our richest and everyone else.
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