Plutocracy

You can’t fault them for lack of effort. Having lost a series of political, legislative, and legal battles to defeat minimum wage increases in cities and states all across the nation, business lobbies are turning to an innovative strategy.. Covid-19 leaves businesses so burdened as to be unable to meet the costs entailed by a […]

Banking

Also, Defund the CEOs

Sam Pizzigati

(Inequality.org) – America’s dirtiest three-letter word may now be “CEO,” and our ongoing economic meltdown is only making that tag even dirtier. Chef executives the nation over have spent this past spring scheming to keep their pockets stuffed while their workers suffer wage cuts, layoffs, and even death by Covid-19. Not all CEOs, of course. […]

Employment

To address Systemic Racism, we Must Focus on the Economy

John Buell

Southwest Harbor, Maine (Special to Informed Comment) – Hate crimes are still too prevalent, but there is a widespread consensus behind efforts to root them out. More recently the concept of systemic racism has come to the fore. Though definitions have not been universally accepted, I take it to mean any set of widely held […]

Inequality

Bailouts for Weapons Firms, Tent Cities for Vets: Covid Reveals U.S. Military Priorities

H. Patricia Hynes

Greenfield, Mass. (Special to Informed Comment) – On May 18, the Department of Veterans Affairs (VA) launched a Salvation Army-like charity drive asking the public for donations of money, food, and mobile phones to help an estimated 40,000 homeless veterans during the pandemic. More than one-half of all homeless veterans are African American and Hispanic, […]

Democratic Socialism

What Corporations Fear: Best Recovery from Covid-19 Depression is Universal Income and Federal School Funding

John Buell

Southwest Harbor, Maine (Special to Informed Comment) – I am betting that before November 2020 Congress will pass and the President will sign another major relief package. More interesting will be the debate on the measure. That debate already says a lot about the underlying anxieties that grip both parties and their aspirations for the […]

Employment

Organizing the Rich or the Poor? Which America Will Be Ours After the Pandemic?

Tomdispatch

By Liz Theoharis | – ( Tomdispatch.com ) – In the summer of 1995, when I was 18, I started visiting Tent City, a temporary encampment in an abandoned lot in northeast Philadelphia. About 40 families had taken up residence in tents, shacks, and other makeshift structures. Among them were people of various races, ages, […]

Epidemics

Ever Spiralling Inequality in America, not Trump, Caused our Crisis; but He’s making it Worse

Tom Engelhardt

( Tomdispatch.com ) – Class of 2020, wherever you are, I had planned to address you on this graduation day. But how can I? Yes, I know that former President Obama, Oprah Winfrey, and Tom Hanks all took part in elaborate online graduation ceremonies, offering commentary, advice, and encouragement in our now campus-less world, but […]

Donald Trump

Sadistic or Crazy? Trump is cutting Food Stamps in the Midst of Pandemic Depression

Jill Richardson

( Otherwords.org ) – Tens of millions of us are out of work. Why on earth is Trump trying to cut food aid? In some ways, this horrible pandemic has brought out the best in humanity. Where I live, neighbors are helping neighbors. A friend who cleans houses for a living says about half of […]

Banking

The Great Depression, Coronavirus Style: Crashes, Then and Now

Nomi Prins

(Tomdispatch.com) – Many economists believe that a recession is already underway. So do millions of Americans struggling with bills and job losses. While the ghosts of the 2008 financial crisis that sent inequality soaring to new heights in this country are still with us, it’s become abundantly clear that the economic disaster brought on by […]