By Juan Cole | (Informed Comment) | – – Despite the significant economic problems Iran faces, and despite the real problems in unequal income distribution, Iran’s economy is seeing bright spots that the Western press rarely admits. In the year after international sanctions were lifted on the signing of the nuclear accord, spring 2016-spring 2017, […]
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Economy
Top 5 Economic Disappointments of the Trump Regime (so far)
By Juan Cole | (Informed Comment) | – – Since Trump has decided that declining to clap for him is a form of treason, and only dictators in banana republics use that sort of diction, perhaps it is time to start speaking of the Trump regime rather than administration. And that regime rode to power […]
The Great Trump Bubble
Nomi Prins | ( Tomdispatch.com) | – – There’s been lots of fire and fury around Washington lately, including a brief government shutdown. In Donald Trump’s White House, you can hardly keep up with the ongoing brouhahas from North Korea to Robert Mueller’s Russian investigation, while it already feels like ages since the celebratory mood […]
Plummeting Tourism to US, costing $10 bn., blamed on Trump Slump
TeleSur | – – Some in the travel industry attribute the decline to something they call the “Trump slump.” Travel to the United States has declined. While some in the [$244 bn.] tourist industry are asking why, others are pointing their fingers squarely at U.S. President Donald Trump. The U.S. National Travel and Tourism Office […]
World’s Richest 1% Acquired 82% of Wealth in 2017: Report
TeleSur | – – Only 42 people own the same amount of wealth as the poorest 50 percent worldwide, the report claimed. Nearly 82 percent of global wealth generated last year went to one percent of the population, while the bottom 50 percent saw no increase at all, according to a new Oxfam report that […]
The Rise and Fall of America’s Middle Class
By Jim Hightower | (Otherwords.org) | – – The middle class was built by movements — and can be rebuilt by movements. Ever since 1776, the “common yeoman” — America’s middle class — has been hailed as the virtuous heart and backbone of our nation. How ironic, since it took 150 years before we actually […]
Tunisia: Austerity Protests roil Birthplace of Arab Spring
TeleSur | – – Protests have been taking place across the North African country over the past several nights in protest against government austerity measures at the behest of the IMF. At least one person is dead and 200 people have been arrested during several nights of protests in Tunisia, according to The Guardian. Protests […]
Putin’s Medieval Romanticism and Russia’s Lurch Right
Dina Khapaeva | (Project Syndicate) | – – As much of the world makes amends for social and political injustices of the past, Russia is lionizing its despots, raising statues to the worst of them. Behind this phenomenon is an ultra-nationalist brand of conservatism that seeks to take Russian politics back to the Middle Ages. […]
Can Corporate Power Be Controlled in the Age of Trump? Steps Toward a Constructive Liberal-Left Alliance
By G. William Domhoff |( Who Rules America?) | – – Based in good part on findings within the subfield of sociology known as power structure research, it is my conclusion that the United States is dominated by a corporate-based power elite that work through an armada of lobbyists, a policy-planning network of foundations think […]
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