Plutocracy

Gainesville, Fl. (Special to Informed Comment) – Private equity has succeeded in depicting itself as part of the productive economy of health care services. even as it is increasingly being recognized as being parasitic. The essence of this toxic parasitism is not only to drain the host’s nourishment, but also to dull the host’s brain […]

Inequality

Inequality Kills. But We Can Stop the Killing

Sam Pizzigati

( Inequality.org ) – Over a half-century ago, back in the mid-1960s, books about poverty abounded. But publishers paid relatively little attention to wealth’s concentration. A generation earlier, Americans had obsessed about grand private fortunes. By late mid-century, that obsession no longer excited either the media or the public. That would all soon change, particularly […]

Monopolies

Taylor Swift’s Superfans Strike a Blow Against Monopolies

OtherWords

By Bella DeVaan | – ( Otherwords.org ) – After a nightmare ticket sale, monopolies made a powerful enemy. That’s good news for all of us. By Bella DeVaan | November 23, 2022 As the cost of food, travel, and gifts complicate holiday plans across the country, millions of Americans have been awakened to the […]

Climate Crisis

One Billionaire emits a Million times more CO2 than an Average Person, as Protesters block Private Planes at Amsterdam

Juan Cole

Ann Arbor (Informed Comment) – Oxfam has a new study, Carbon Billionaires: The investment emissions of the world’s richest people. The Executive Summary says that they concluded that quite apart from the 3,300 or so billionaires, the wealthiest one percent in the world emit twice as much carbon dioxide as the bottom 50%. The top […]

Corporations

Coca-Cola, the world’s largest plastic Polluter, is sponsoring COP27. Here’s why that’s a problem

Global Voices

By Sydney Allen | – In a massive feat of irony, Coca-Cola, the world’s largest plastic polluter, is sponsoring COP27, the world’s largest annual environmental conference, which will take place in Sharm El Sheikh, Egypt, from November 6–18. While there is plenty to criticize about this year’s COP27 summit (such as Egypt’s human rights abuses […]

Banking

Tackling Inflation By Rewarding the Rich Is a Fool’s Errand

Sonali Kolhatkar

By Sonali Kolhatkar | – ( Otherwords.org ) – British Prime Minister Liz Truss recently resigned after just 45 days in office, disgraced by her own economic prescriptions. There’s a lesson here for the United States, a nation beset by similar economic troubles. The main takeaway? Tackling inflation by rewarding the rich is a fool’s […]

Neoliberalism

Still the Other America: The Scandal of Poverty in the Richest Nation on Earth

Liz Theoharis

( Tomdispatch.com ) – Ours is an ever more unequal world, even if that subject is ever less attended to in this country. In his final book, Where Do We Go From Here?, Reverend Martin Luther King wrote tellingly, “The prescription for the cure rests with the accurate diagnosis of the disease. A people who […]

Inequality

Can a Right-Wing Indian-British Billionaire Save the Conservative Party from Instability and Growing Unpopularity?

Jonathan Fenton-Harvey

London (Special to Informed Comment) – In a further display of chaos within the UK Conservative Party and British government, Britain has appointed its third prime minister within less than two months. It followed Liz Truss’ forced resignation after 44 days of being Britain’s Prime Minister, which may have bemused many observers. While the Conservative […]